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.

View in browser|nytimes.com Continue reading the main story March 4, 2024 Jason Allen Lee What You Need 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. By Tara Siegel Bernard Continue reading the main story ADVERTISEMENT We hope you've enjoyed this newsletter, which is made possible through subscriber support. Subscribe to The New York Times. 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 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 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 Continue reading the main story ADVERTISEMENT 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 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 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 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 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 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 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 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 Continue reading the main story ADVERTISEMENT 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 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 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 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 How are we doing? We'd love your feedback on this newsletter. Please email thoughts and suggestions to yourmoney_newsletter@nytimes.com. Like this email? Forward it to your friends, and let them know they can sign up Your Money. Continue reading the main story Need help? Review our newsletter help page or contact us for assistance. You received this email because you signed up for Your Money from The New York Times. To stop receiving Your Money, unsubscribe. To opt out of other promotional emails from The Times, including those regarding The Athletic, manage your email settings. To opt out of updates and offers sent from The Athletic, submit a request. Subscribe to The TimesGet The New York Times app Connect with us on: Change Your EmailPrivacy PolicyContact UsCalifornia Notices The New York Times Company. 620 Eighth Avenue New York, NY 10018