tax
Student-loan borrowers are falling behind on payments at record levels.A new report by left-leaning groups, the Century Foundation and Protect Borrowers, found that nearly 9 million student-loan borrowers — or one out of every five — are in default, which typically occurs after a federal borrower hasn’t made a payment…
For years, Dr. Jill Green watched a large chunk of her physician’s salary eaten up by taxes.”I was paying a ton in taxes and still writing a check for a hefty five-figure amount every year,” she told Business Insider.When she and her husband started investing in real estate about six…
New York City Mayor Zohran Mamdani says that if the state won’t play ball on taxing the rich, he’ll have to impose a higher tax of his own — and it could hit middle-class New Yorkers.At a Tuesday press conference, he laid out two options to address what he said…
Owning rental property comes with significant tax advantages. So significant that, when used strategically, they can help investors scale solely through tax savings.Jill Green, a full-time physician who invests in real estate with her husband on the side, has used tax savings to grow her portfolio by roughly one property…
Average tax refunds this year are set to be nearly $750 higher than last year — but they might take a while getting to you, with a smaller IRS dedicated to getting them out.The passage of President Donald Trump’s “One Big Beautiful Bill” introduced new sweeping tax measures — which…
If you’re behind on your student-loan payments, you now have more time to figure out a payment plan before filing your taxes.The Department of Education announced on January 16 that it’s temporarily pausing wage garnishment and the Treasury Offset Program, which seizes federal tax refunds, to give defaulted borrowers more…
Google cofounder Larry Page recently drew his line in the sand on a beach on the opposite side of California — and it cost him over $170 million.California has proposed the Billionaire Tax Act, which would impose a one-time 5% tax on residents worth over $1 billion. Page, whose net…
It’s a classic fight-or-flight response — with a billionaire’s twist.A proposed wealth tax in California prompted the state’s resident billionaires to consider whether they wanted to continue their residency if the one-time 5% tax is approved. Their reactions, said CFP professional Don Hilario, who works with financial planning clients in…
2026-01-07T23:08:43.055Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
