Monday, March 4, 2024

Your Money: What to know for the 2024 tax season

There are tax breaks for electric car purchases, SALT workarounds, benefits for retirees and a new system for eligible taxpayers to file their returns.
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Your Money

March 4, 2024

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YOUR TAXES

The I.R.S.'s Taxpayer Experience Officer Says Open Your Mail Already

Ken Corbin is fixing the phone lines — but those foreboding letters are staying the same.

By Ron Lieber

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Your Money

In Rancho Cucamonga, a Team of Teenage Tax Slayers Helps Adults

At a high school in California, students help run a tax-return clinic. They get academic credit, breakfast burritos and life lessons.

By Ron Lieber

A group of people sitting at a table, in front of computers. Flags are hanging in the background.

Strategies

The Core of the Tax Code Will Change, but We Don't Know How

Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress.

By Jeff Sommer

An illustration of a calculator on a phone screen, its numbers and mathematical signs tumbling down.
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YOUR MONEY AND THE ECONOMY

your money adviser

Report Helps Answer the Question: Is a College Degree Worth the Cost?

The analysis found that former students at most colleges had an annual income higher than high school graduates a decade after enrollment.

By Ann Carrns

A diploma being swiped through a green device with a clock on it.

work Friend

Feeling Trapped, Swimming in Circles?

To get out of that dead-end job, you have to be relentless — and just get started.

By Roxane Gay

An illustration of a fish bowl, with a fish swimming past a desk, computer and chair. A hand is dropping fish food into the bowl.

Auto Insurance Spike Hampers the Inflation Fight

Costlier vehicles and repairs are pushing premiums higher even as the increase in U.S. consumer prices is tapering overall.

By Talmon Joseph Smith

An aerial photo of traffic on a Los Angeles freeway.

Shrinkflation 101: The Economics of Smaller Groceries

Have you noticed your grocery products shrinking? Here's how that gets counted — and what gets missed — in inflation data.

By Jeanna Smialek

A photo illustration of a person's hand against an orange-red background, with the thumb and forefinger lifting a tiny paper bag of groceries.

The ZIP Code Shift: Why Many Americans No Longer Live Where They Work

A new study shows that white-collar employees who can work remotely now live roughly twice as far from their offices as they did prepandemic.

By Emma Goldberg

Virginia Martin, sitting at her desk in front of a laptop and two monitors, in her home.

High Mortgage Rates Leave Biden Searching for Housing Relief

The president and his team are seeking ways to help Americans afford to rent and buy homes, as high borrowing costs dampen views of the economy.

By Jim Tankersley

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The U.S. Economy Is Surpassing Expectations. Immigration Is One Reason.

Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are.

By Lydia DePillis

Edgar AlayĆ³n, wearing a baseball hat and a safety harness, ties a rope around a horizontal steel pole as a woman in an orange shirt looks on. Another man is performing a similar task in the background.

It's Me, Hi, I'm the Problem. I'm 33.

Meet the 1990 and 1991 babies, a massive microgeneration in lifelong competition for America's economic resources, reshaping the world around them.

By Jeanna Smialek

In an illustration, a group of people stretch their arms to sky, toward a single small house hovering far above them.
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Unemployment Casts a Shadow Over California's Economy

Tech layoffs, fallout from Hollywood strikes and an uptick in rural joblessness challenge a state with one of the nation's highest unemployment rates.

By Kurtis Lee

A view along Hollywood Boulevard, including Grauman's Chinese Theater.

Paid Family Caregivers in Indiana Face Steep Cutbacks

Now that federal pandemic-era funds are shrinking, states like Indiana are ending or curtailing programs that finance home care by relatives of seriously ill children and adults.

By Ted Alcorn and Kaiti Sullivan

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TRAVEL

Frugal Traveler

To Protect Your Miles, Be Careful How You Book

American Airlines recently announced new restrictions on point allocation based on how you book a flight. What does that mean for loyalty members?

By Elaine Glusac

A commercial airplane with red and blue stripes on its tail and the word "American" in large blue letters on the side of the aircraft, takes off from an airport runway.

U.S. Proposes New Rules to Ease Flying for Travelers in Wheelchairs

The Transportation Department said the proposed regulations would make it easier to hold airlines accountable for mishandling passengers' wheelchairs.

By Mark Walker

An agent in a Transportation Security Administration uniform speaking with a man in a wheelchair at an airport security checkpoint.

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