income

Are You Earning Too Little?

Earning too little money is a common problem, but there is something those who would like to bring home more cash can do about it.

How To Squeak By On $5 Million

For anyone having a hard time making ends meet on their income -- even millionaires -- there are ways that you can improve your financial condition.

Consumer Spending Up, Income Posts Largest Drop in 20 Years

U.S. consumer spending rose in January as Americans spent more on services, with savings providing a cushion after income recorded its biggest drop in 20 years. The Commerce Department said on Friday consumer spending increased 0.2 percent in January.

Consumer Spending Up 0.2%, but Income Has Best Gain in 8 Years

U.S. consumers increased their spending in December at a slower pace, while their income grew by the largest amount in eight years, the Commerce Department said. Income surged because companies rushed to pay dividends before income taxes increased on high-earners.

Your Year-End Tax To-Do List: A 5-Step Plan

Nobody likes to spend the holidays thinking about taxes. But by spending a little time now, you can potentially give yourself a nice reward when your IRS refund comes next year. Here are five ways you can uncover tax savings between now and New Year's Eve.

Obamacare Taxes: How the Changes Will Impact Your Income

Obamacare, aka the Affordable Care Act, has created its share of controversy among both supporters and opponents. Expect the arguments to get even louder once taxpayers start having to pay for it. In a couple of months, two tax increases tied to the health care reform law will take effect.

The 10 Happiest Countries in the World

Once again, 24/7 Wall St. has examined the OECD's report on life satisfaction. And once again, the United States fails to make the top 10 happiest nations in the world. Which countries do? Some may surprise you.

3 Simple Tax Terms That Have Been Redefined to Confuse Us

Is the American tax code designed to be confusing? At more than 70,000 pages, its complexity is hard to overstate. But forget its vastness: Even when it comes to its most basic terms, the IRS seems determined to muddy the waters of meaning. To help you out, we've unpacked a few of the most weaselly weasel words.

Romney's Best Tax Break: Let's Talk 'Carried Interest'

Mitt Romney paid a lower tax rate on his $21.6 million income in 2010 than the average U.S. family. It's no secret how: He made his money from investments, not wages. But even people who favor low capital gains taxes might not approve if they understood more about a neat little income category he benefited from called "carried interest."

Poll: Most Americans Say $150,000 a Year Makes You Rich

More than half of those recently polled by Gallup said an income of no more than $150,000 would qualify that person as rich. When asked how much money per year would be necessary for them to consider themselves "rich," 53 percent mentioned an income of $150,000 or less, and 71 percent said an income of $300,000 would be enough.