That’s the sobering conclusion of a groundbreaking study out of Johns Hopkins University that followed nearly 800 kids over 25 years.
Most folks looking for tax deductions focus on things like mortgage interest, real estate taxes and charitable donations. But tax rule changes that applied in 2013 made them less valuable in cutting taxes for an increasing number of taxpayers.
The number of Americans who say they’re middle class has dropped drastically in recent years.
An investigation of 15 school districts found that 83 employees on the public payroll lied about their incomes so their children could qualify for free or reduced-cost school lunches, the state comptroller announced Wednesday.
Multiple congressional sources tell CBS News that the two sides have agreed on an income threshold for the expiration of the Bush-era tax cuts for the wealthiest Americans: $400,000 for individuals and $450,000 for families.
According to statistics salaries are expected to rise 3% this year. Will yours?
A proposed development in Philadelphia’s Point Breeze neighborhood becomes of lightning rod for racial and income divisions.
A number of studies have documented a growth in the gap between high income and middle income Americans over the past 35 years. KYW explored its impact on productivity and economic growth.
To make the most of your work performance review, here are some tips from a local career coach.