Tim Cook Earns Average U.S. Salary in 7 Hours as Pay Gap Widens
Apple CEO Tim Cook earns more in seven hours than the average American makes in a year, underscoring the growing divide between executive compensation and household income.
Taxes & Wealth
Optimize your finances with effective tax and wealth management strategies. This section covers tax planning, deductions, compliance changes and how to preserve and grow your assets. We explain complex rules in straightforward language and provide tips to minimize liabilities and maximize after-tax returns, helping readers make better decisions throughout the year.
Paper Social Security Checks Ending September 30 as Payments Go Digital
The U.S. government will phase out nearly all paper Social Security payments by September 30, 2025, requiring recipients to switch to direct deposit or prepaid debit cards.
Trump’s SALT Deduction Cap Increase Delivers Uneven Benefits Across States
President Trump’s new tax measure raises the SALT deduction cap to $40,000, with residents in states like New York and California seeing the biggest median savings.
New York to Send Inflation Refunds to 8 Million+ Residents This Fall
By
Oleg Petrenko
• 2 mins read
The New York Department of Taxation and Finance will send refund checks to over 8 million residents starting late September, with exact amounts based on 2023 income and filing status.