With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions and W-2 forms that you’ll submit to the Internal Revenue Service. But if you received any ...

In the latest push to solve its multimillion-dollar budget shortfall for 2026, Kane County is considering using earned interest to close the gap. At a meeting on Wednesday, Kane County Board Finance ...

With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions and W-2 forms that you’ll submit to the Internal Revenue Service. But if you received any ...

Interest rates on high-yield savings accounts were through the roof for much of 2024. They helped depositors earn rich returns, but now it’s time to pay the IRS their share. The IRS classifies earned ...

If you have a certificate of deposit, don't forget your CD earnings when you're preparing your tax return. The government expects its cut, so you'll need to report any interest you've earned over the ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Interest earned in a certificate of deposit is taxed as ordinary income. A CD’s interest is reportable when it’s credited to your account. It’s possible to minimize CD taxes within a retirement plan.

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The past few years have been banner years for earning interest on everything from high-yield savings accounts to CDs and other interest-earning financial products. With banks and institutions offering ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. If ...

When you're hit with a surprise cost like a car repair or medical bill, waiting for payday can be challenging. But sometimes, you don't have to. Enter earned wage access (EWA), which goes by numerous ...