How often does the IRS audit?

While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.

Biden announces a fresh round of $7.5 billion in student loans canceled

The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.

The 25 best cities for buyers on a budget: Zillow

For buyers seeking affordability, Zillow's study shows the 25 most affordable areas throughout the country.

High inflation is costing Americans an extra $1K a month

Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.

Tax Day 2024: States with highest and lowest taxes revealed

The tax deadline is on April 15, but what you owe can vary significantly based on the state that you live in.

Biden Administration cancels more student loan debt
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You might have been one of the lucky one's to receive an email on friday telling you your student loan debt was cancelled. The Biden administration announced it was cancelling $7.4 billion in student debt for 277,000 borrowers.

Tax Day 2024: How to file an extension
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If you haven't filed your taxes yet, you're not alone. About 25% of American still need to file as of Tax Day, April 15. You can still file for an extension, which will give you another six months to file.

Surviving tax season: Deadline approaching to file tax returns
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If you've been procrastinating on doing your taxes, there's only a short window of time left to file. Returns are due at 11:59 p.m. on Monday unless you file for an extension. FOX's Christina Coleman has more on what you need to know.

Building Black Wealth tour comes through Chicago this weekend
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Building generational wealth for your family may not be easy but that doesn't mean it's not worthwhile. The National Association of Real Estate Brokers wants to help set you up for success.

Americans are increasingly going into debt to have fun
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Dan Roccato, finance professor at the University of San Diego, dishes out tips for credit card holders to have fun without going into to debt.

How does your savings account compare to the average American?

The amount of money in your savings may vary depending on your income, lifestyle, monthly costs and other life factors.

Tips for teaching kids money skills for life
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Consumer finance expert Andrea Woroch dishes out tips for helping you train your kids to manage money safely and productively.

How to dine out and not go broke
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Nearly 70% of us feel guilty when the bill comes at the restaurant because of rising prices. Finance professor Dan Roccato joined Good Day Chicago on Friday with ways to enjoy your dinner out without blowing the budget.

Best and worst consumer buys of April
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April can be a good time to shop for spring discounts on things like cookware, athletic shoes and clothing. Consumer analyst Julie Ramhold says to steer clear of mattresses, major appliances and grills this spring season.

Minimum wage vs. tipped wage: State-by-state comparison

Most fast food workers in California are set to be paid a minimum of $20 per hour under a new law that starts Monday. Here is a look at how that compares to other minimum wages across the country.