Motio Research's initial estimate of U.S. median household income for November 2025 is $87,160. For October 2025, the government shutdown blocked the Census Bureau from conducting the monthly survey ...

At some point, you’ve probably heard the phrase, “It takes money to make money.” But if you’re not careful, it’s easy for expenses to spiral out of control — and you could end up making little to no ...

Enter household income you received, such as wages, unemployment, interest and dividends. Choose the filing status you use when you file your tax return Input the total of your itemized deductions, ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...

Small business owners must deal with numerous accounting reports to monitor their business’s finances and ensure its financial health. Profit and loss statements, accounts receivable aging reports and ...

Passive income is about making your money work for you and typically involves an initial investment of time, effort or capital. How to calculate your Financial Independence Number (and why it’s ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

Depending on how much you've saved, you may have to pay federal taxes on your retirement income. On the state level, however, there's a lot of nuance: Some states don't have any income tax, while ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

The average tax refund is more than $3,100 so far this tax-filing season, which is more than it was at this time last year. The IRS issues most refunds within 21 days if you file your tax return ...

What billionaires and giant corporations pay in taxes—and what that means for the rest of us. “We can either have democracy in this country, or we can have great wealth concentrated in the hands of a ...

You probably have a few water bottles stashed for an emergency, but if you rely on sensitive medical gear such as a CPAP machine, that isn't going to work. In a disaster scenario, finding a gallon of ...