Finance

The IRS has announced increases to federal income tax brackets and the standard deduction for 2025 to adjust for inflation. These updates, which go into effect on January 1, 2025, could mean more take-home pay in your paycheck or a larger refund when you file your taxes next year. By accounting for inflation, these changes Continue reading

Charlotte Tilbury Beauty has agreed to pay $2.925 million to resolve claims that it violated Illinois’ Biometric Information Privacy Act (BIPA). The settlement addresses allegations that the company collected facial geometry scans from individuals who used its virtual beauty tools on the website or mobile app without the required consent or disclosures. This class action Continue reading

The Federal Trade Commission (FTC) has started issuing refunds to over 629,000 Fortnite players after ruling that Epic Games used deceptive practices to trick players into making unintended purchases. This settlement, first announced in December 2022, totals more than $72 million, with an average refund of around $114 per eligible player. If you think you Continue reading

Saving for your family’s future can feel overwhelming, especially when juggling goals like retirement, college funds, and family vacations. However, with a thoughtful approach, you can achieve your financial milestones while building a sense of security. Here’s how to get started with these expert-backed strategies for 2025. 1. Schedule a Money Date to Review Your Continue reading

Alaska Airlines and Horizon Air have agreed to a $4.75 million class action settlement to resolve claims related to the violation of the Uniformed Services Employment and Reemployment Rights Act (USERRA). The lawsuit accused the airlines of failing to pay pilots for short-term military leave, specifically for leave periods of 30 days or fewer, between Continue reading

Tax refunds often feel like a financial windfall, but it’s important to remember that they represent money you overpaid to the government throughout the year. Still, there’s no denying the satisfaction of receiving a bigger refund when tax season rolls around. Financial advisor Alex Freund explains six key reasons why your tax refund could be Continue reading

Verizon has agreed to a class action settlement that could result in payouts of $100 per person for eligible customers. The settlement addresses claims that Verizon improperly charged customers hidden fees and undisclosed costs, sparking widespread frustration and legal action. If you’re a Verizon customer, here’s what you need to know about the settlement and Continue reading

The Internal Revenue Service (IRS) is offering financial relief to families through the Child Tax Credit (CTC), a program that can provide up to $3,600 per qualifying child. With the rising cost of living, this tax credit is a game-changer for many households, offering significant savings or direct refunds. Let’s break down everything you need Continue reading

Cash App and its parent company, Block Inc., have reached a $15 million class action settlement to resolve allegations of negligence and inadequate security measures leading to data breaches. If you’re eligible, you could receive up to $2,500 for unauthorized account access or fraudulent transactions. Here’s a comprehensive guide to the settlement, eligibility, deadlines, and Continue reading

With the cost of living remaining high despite easing inflation, saving for retirement has become a daunting challenge for millions of Americans. A study by the Bipartisan Policy Center reveals that more than half of Americans doubt they’ll have enough money to retire comfortably. The good news? The IRS has a little-known incentive that could Continue reading