Practical tips for lowering your bills
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Consumer savings expert Andrea Woroch breaks down helpful tips for cutting the costs of your bills.

IRS tax changes for 2024, what to know
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We are one week into the tax filing season, and whether you plan to file your tax return early or prefer to wait a while before filing, reviewing key tax changes that may affect your tax bill is essential.

Trump-era tax cuts poised to expire soon, meaning you could face steeper taxes

The expiration of the Tax Cuts and Jobs Act on Dec. 31, 2025, will essentially mean that many Americans will be forced to pay anywhere between 1% to 4% more in taxes unless certain provisions are extended or made permanent.

New way to file federal tax return for free
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The IRS is offering a new option to filed your federal tax return for free this year. They are launching Direct File for eligible Americans.

Tax season kicks off with some changes
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It's officially tax season. The IRS has rolled out a few tweaks this year to account for higher-than-normal inflation last year.

Americans living paycheck to paycheck
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More than half of Americans said they would not be able to afford a $1,000 emergency expense, according to a recent survey. Economic analyst Mark Hamrick has some tips on how to build up an emergency savings account.

IRS launches its free-filing pilot program in 12 US states

With tax season kicking off Monday, the IRS is rolling out a new online option for filing your 2023 returns. Here's how it works.

Most Americans cannot afford a $1K emergency expense

Thirty-five percent of adults surveyed said they'd have to borrow money if they had a $1,000 unexpected expense.

Study: Gen Z, millennials are ‘obsessed’ with idea of being rich

The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.

Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted

The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.

When will the IRS send out tax refunds

The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.

Social Security is coming for a bigger chunk of your paycheck

The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.

Auto insurance on the rise in Illinois
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Illinois auto insurance rates increased by more than $1 billion last year, according to a report by PIRG. Director of PIRG Abe Scarr says it's not just Illinois feeling the hit, rates went up across the country.

Tips for preparing for tax season
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FOX consumer reporter Steve Noviello breaks down what you need to know ahead of filing your taxes this year.