Source: The College Investor 2025 Child Tax Credit: Families can claim $2,000 per qualifying dependent child, with $1,700 being refundable Adoption Credit Increases: The credit rises to $17,280, offering more assistance to adoptive…
Month: December 2024
Event Guide: BOE Monetary Policy Statement (December 2024)
The BOE gang is widely expected to keep its policies unchanged in December. That doesn’t mean the British pound won’t see increased volatility though! We have the points you need…
Daily Broad Market Recap – December 18, 2024
Investor jitters were in play ahead of the highly-anticipated FOMC decision, which then delivered what many interpreted to be a more hawkish than expected announcement, sparking huge moves across the financial markets….
Fed Delivers Another 25bp Cut But Signals More Cautious Path Ahead
The Federal Reserve pulled the trigger on another 25-basis-point rate cut at its December meeting, lowering the federal funds rate to a range of 4.25-4.50%. This marks their third straight cut this…
Earned Income Tax Credit 2024
Source: The College Investor The Earned Income Tax Credit (EITC) is a tax break designed to help those with low to moderate incomes. Its especially intended to benefit working parents who fall…
TaxHawk Review 2025: Pros, Cons, And Alternatives
Source: The College Investor For 2025, TaxHawk offers free federal filing for all users and low-cost state filing. If you don’t qualify for free tiers with other tax software companies, you may…
Qualify For The Solo 401(k) Auto-Contribution Tax Credit
Source: The College Investor The Solo 401(k) auto-contribution tax credit can earn you $1,500 over three years by just enabling automatic contributions to your solo 401(k) plan. Solo 401(k) plans are a…
4 Common Reasons Why Forex Traders Fail
It is said that the failure rate in the forex industry is very high, with more than 95% of aspiring traders expected to drop out of the game within their first few years of…
Event Guide: BOJ Monetary Policy Statement (December 2024)
Market watchers still seem to be divided on whether or not the Bank of Japan (BOJ) is finally ready to hike interest rates. Will BOJ Governor Ueda and his fellow policymakers…
Can You Return Unused Financial Aid Money?
Source: The College Investor Financial aid consists of loans, scholarships, and grants that help cover the cost of college. Depending how much you need to pay for books, tuition, and housing, you…