The Latest Breaking News from GOBankingRates

The Average Middle-Class Retirement Budget at Age 65 vs. 75

See how the average middle-class retirement budget changes from age 65 to 75, as health care, housing, and everyday costs quietly shift with age.

GOBankingRates · Apr 12

3 Side Gig Tax Deductions People Misuse — and What Experts Say To Do Instead

Deductions can cut your side gig tax bill, but if you misuse them, you may risk penalties. Experts explain three common write-off mistakes the IRS flags.

GOBankingRates · Apr 12

A Change Could Be Coming for Almost 30 Million Homebuyers and Their Money

A proposed law could affect nearly 30 million homebuyers. Here’s what it may mean for housing costs, mortgages and your money if it moves forward.

GOBankingRates · Apr 11

I Asked ChatGPT Which Deductions Seniors Most Commonly Miss at Tax Time

GOBankingRates asked ChatGPT which tax deductions seniors most commonly miss to find out how much more money they could be saving -- here's what it said.

GOBankingRates · Apr 11

6 Overlooked Tax Breaks for Homeowners Over 50 That Could Save Hundreds (or Thousands) a Year

Experts suggest these strategic adjustments that can reduce your tax bill by hundreds or even thousands each year.

GOBankingRates · Apr 11

I Asked ChatGPT the Best Way To Claim Social Security — Then Had a Retirement Planner Review It

CFP Anthony DeLuca reviewed ChatGPT's Social Security claiming advice finding accurate general info but dangerous blanket recommendations.

GOBankingRates · Apr 11

5 Ways To Cut Your Laundry Costs as Utility Bills Spike

As gas prices climb, utility bills may follow. Some simple laundry tips -- like cold washes, full loads and air-drying -- can help lower energy costs.

GOBankingRates · Apr 11

I’m a Tax Preparer: The Refund Error That Triggers IRS Letters Most Often

Filing for a refund? A tax preparer reveals the error most likely to prompt an IRS letter and slow down your return.

GOBankingRates · Apr 11

7 Mistakes To Avoid When You File a Tax Extension

Here are seven mistakes to avoid when you file a tax extension to save you on penalties, interest and unnecessary financial stress.

GOBankingRates · Apr 11

Americans Now Need More Than $1 Million To Retire: Here’s Why (and How To Do It)

Rising costs and longer lives mean $1.26 million may fall short for retirement. See why Americans are now pointing to $1.46 million and how to catch up.

GOBankingRates · Apr 11