Aaron is an avid global traveler and miles and points enthusiast. In addition to writing for Forbes.com, Aaron is a full-time professional advisor to Fortune 500 companies at a global consulting firm.

What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...

Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements this tax season, with income thresholds gradually decreasing over the next few ...

Income inequality in the United States grew between 1979 and 2018, a recent report on the distribution of household income released by the Congressional Budget Office (CBO) has found. In the report, ...

A 1099 is a tax document reporting nonemployment income to the IRS. There are several types of 1099 forms, depending on the income you receive — but all are designed to report payments you received to ...

Bank of America data reveals a stark K-shaped economy as higher-income Americans spend 2.6% more while lower-income ...

The Ticket to Work program, offered by Social Security in the United States, is a vital resource for individuals with disabilities aiming to re-enter the workforce. While it provides crucial support ...

Learn how the Personal Income and Outlays report from the BEA offers insights into consumer spending, income, and economic trends—critical for smart financial decisions.

As of January 31, 2025, income categories have shown solid performance across various types, with Master Limited Partnerships (MLPs) leading the way. MLPs posted a robust 7.08% return for the month, ...

A manufacturing company makes physical products from parts and materials. The income statement is one of the most important financial statements this type of firm prepares. This statement comes in ...

Six in 10 upper-income older adults say they're aging very well Higher-income older adults say they're aging very well, and that includes time to socialize with friends and take on hobbies. High ...