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Author: Medora Lee, USA TODAY

News

How do rich people avoid taxes? Wealthy Americans skirt $160 billion a year in tax payment

February 21, 2023February 22, 2023 Medora Lee, USA TODAY Comments Off on How do rich people avoid taxes? Wealthy Americans skirt $160 billion a year in tax payment

Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are some strategies they use to do that.

Money

Is there a federal inheritance tax? How much inherited money is taxed state-by-state.

February 20, 2023 Medora Lee, USA TODAY Comments Off on Is there a federal inheritance tax? How much inherited money is taxed state-by-state.

Inheritance taxes are rare and can surprise you after a loved one dies. Here’s what to know about how they work, who pays them, and how to avoid them.

Money

You may score bigger President’s Day deals in 2023. Here’s why — and where the biggest sales are.

February 17, 2023 Medora Lee, USA TODAY Comments Off on You may score bigger President’s Day deals in 2023. Here’s why — and where the biggest sales are.

President’s Day sales will generally be better than last year as retailers try to entice budget-squeezed shoppers to buy up their still bloated stock.

Money

Stubborn inflation is worrying economists as new numbers reveal hotter-than-expected price data

February 16, 2023February 19, 2023 Medora Lee, USA TODAY Comments Off on Stubborn inflation is worrying economists as new numbers reveal hotter-than-expected price data

Hotter-than-expected producer and consumer price reports are making some economists uneasy and prompting them to raise their interest rate forecasts.

Money

Working from home? Only few can file home office tax deductions. Here’s how it works.

February 16, 2023February 16, 2023 Medora Lee, USA TODAY Comments Off on Working from home? Only few can file home office tax deductions. Here’s how it works.

Working from home is convenient but costly for wage workers. Only self-employed people can take the home office deductions. Here’s how it works.

Money

Can food cure high medical bills? Pilot ‘food as medicine’ programs aim to prove just that.

February 15, 2023 Medora Lee, USA TODAY Comments Off on Can food cure high medical bills? Pilot ‘food as medicine’ programs aim to prove just that.

More states plan to use Medicaid to fund ‘food as medicine’ programs in a bid to keep people healthy and cut health care costs. Here’s how it works.

Money

What’s an FSA, HSA, 529? How they work and how to use them to cut taxes, build wealth.

February 14, 2023February 14, 2023 Medora Lee, USA TODAY Comments Off on What’s an FSA, HSA, 529? How they work and how to use them to cut taxes, build wealth.

FSAs, HSAs and 529s: How these savings plans can help cut your tax bill, pay health and education expenses, and maybe even grow your wealth.

News

How long should you wait before filing taxes? Surprise! Later can sometimes be better

February 8, 2023February 12, 2023 Medora Lee, USA TODAY Comments Off on How long should you wait before filing taxes? Surprise! Later can sometimes be better

Everyone says file your taxes early, but accountants say there may be times it’s better to wait. Here are some of those times.

Money

Car prices may fall this year, but auto insurance will cost more. Here’s why.

February 8, 2023February 23, 2023 Medora Lee, USA TODAY Comments Off on Car prices may fall this year, but auto insurance will cost more. Here’s why.

The cost of auto insurance is taking a larger slice of people’s income, and experts say that’s unlikely to change any time soon. Here’s why.

Money

We’ve got a Powerball winner! What to do if you’re the winner of $754.6 million jackpot.

February 7, 2023 Medora Lee, USA TODAY Comments Off on We’ve got a Powerball winner! What to do if you’re the winner of $754.6 million jackpot.

A ticket matched all six numbers Monday night to win the $754.6 million Powerball jackpot. If it’s you, here’s what you should do (and not do) today.

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Headlines

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023 John Bacon, Douglas Soule and Christopher Cann, USA TODAY

‘Big Hero 6’s San Fransokyo comes to life at Disneyland

August 31, 2023 Eve Chen, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023 Jennifer Jolly

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023 Kim Hjelmgaard, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023 Paul Davidson, USA TODAY

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023 Bob Nightengale, USA TODAY

Blue supermoon: See photos of the rare moon that won’t happen again until 2037

August 31, 2023 Francisco Guzman, USA TODAY

1 dead, 18 injured after collision between car, Greyhound bus in Maryland, police say

August 31, 2023 Emily DeLetter, USA TODAY

USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

August 31, 2023 USA TODAY

Many homeless among dead in fire in Johannesburg, South Africa

August 31, 2023 AP
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