Dear Liz: My husband died in November 2022. I was told that if I sell the house within two years of his death, I can benefit from two capital gains exclusions, his and mine, each for $250,000. The house was appraised at $912,000 based on his date of death. I don’t imagine it would sell for...
Wall Street’s big gains has investors bullish – CBS News Watch CBS News The Dow Jones Industrial Average on Friday topped 36,000 points for its highest close of the year. After a sluggish summer, Wall Street’s recent big gains has investors bullish this could be a sign the Federal Reserve...
Dear Liz: My son has decided to settle abroad and wants to purchase a home. I made a gift of stock valued at $17,000, which had significant gains. My broker indicated that giving him the stock would avoid capital gains on my part, and he could cash the stock in at that value, also without...
An Orange County religious nonprofit that was penalized and threatened with criminal prosecution by Santa Ana for feeding homeless people now has the support of the U.S. Department of Justice in its ongoing legal battle with the city. After Santa Ana officials ordered the nonprofit, Micah’s...
Labor Day was created over a century ago to commemorate the achievements of the American workforce, and in 2023 the nation’s 167 million workers have something to celebrate: wage gains that are putting them ahead of inflation. Wage growth has been particularly strong for low-paid workers...
