‘The weight of this debt is crushing’: I’m 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

Dear Quentin, I have not seen anyone address student-loan debt for people over 70 years of age. I am a 74-year-old retired  speech-language pathologist with a student-loan debt of $200,000.  I’m on a ...

How to Handle the Taxes on the AT&T Spinoff of Warner Bros.

Text size The Warner Bros. Studios in Burbank, Calif. AT&T shareholders have received a 0.242 share of Warner Bros. Discovery for each AT&T share. Photographer: Bing Guan/Bloomberg Bing Guan/B...

‘It put everyone in a weird position’: Our waitress said a 20% service fee was added to cover benefits and health insurance, but that it was not a tip. Is this normal?

I went to brunch last weekend and, when the server handed us the bill, she said a 20% service fee was added to cover her benefits and health insurance, but that it was not a tip.  I am absolutely supp...

As food prices hit an all-time high, more Americans have abandoned online grocery shopping and returned to supermarket aisles

More Americans are browsing again — in grocery-store aisles rather than online. With U.S. states abandoning mask mandates in public places, and more retailers dropping requirements for masks — and the...

I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how?

Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of...

Three things to take care of when you retire—your future self will thank you for it

After a working lifetime of alarm clocks and meetings, you might be looking forward to a lot more unstructured time once you retire. But taking care of one more to-do list early on can set you up for ...

Do I resist refinancing my $160,000 federal student loan at a lower rate in the hope there will be loan forgiveness? What are the chances it will happen?

I graduated from college in 2017 with more than $210,000 in federal student-loan debt thanks to out-of-state tuition, a master’s program, and not fully understanding this cost at that time. I’ve chise...

China Revises Delisting Rule. But Investors May Want to Sell on the Rally.

Text size The probability of a mass delisting of Chinese stocks like Alibaba may have ticked lower with revised rules from China’s regulators. Greg Baker/AFP via Getty Images The probability of ...

Why we’re still confused about when to claim Social Security

When I started this series at the beginning of 2021, my husband and I were preparing ourselves for our “big” 65th birthdays in November and December. It was all straightforward. We made a list of thin...

Crypto Accounting Needs To Evolve – Unpacking The Recent SEC Bulletin

UNITED STATES – CIRCA 1960s: Office paper trays, In tray overflowing, Out tray with smaller pile. … [+] (Photo by H. Armstrong Roberts/Retrofile/Getty Images) Retrofile/Getty Images Crypto...

Stocks for the Recession That May—or May Not—Be Coming

Text size Exelon stock offers a little bit of offense to go with its defense. Dreamstime The yield curve briefly inverted this past week—and that’s a recession signal that is either like Paul Revere’s...

New SEC guidance on accounting and disclosures rankles Commissioner Peirce

United States companies that safeguard their clients’ crypto-assets received new accounting guidance Thursday in the form of a Securities and Exchange Commission, or SEC, Staff Accounting Bulletin. Th...

Opinion: How to make your money last in retirement

Lots of research has been done on the best way to generate retirement income. It’s one of the most popular financial topics. I think this popularity is driven by two things: its obvious importance—and...

Baidu Stock Drops. It’s One of 5 Stocks Added to the SEC’s Delisting Watchlist.

Text size LIU JIN/AFP via Getty Images Baidu stock was dropping Thursday after U.S. regulators added the Chinese search giant to its growing list of companies that could be removed from American stock...

Robinhood extends trading hours from 7 a.m. to 8 p.m. — 3 rookie mistakes when trading stocks after hours

At 7 a.m., it can be the time for a morning coffee while 8 p.m. can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s a...

‘Is this a good deal, or should I run for the hills?’ My boyfriend of five years wants me to give him a $165,000 loan using his house as collateral

Dear Quentin, I would like your advice on giving a hard-money loan to the man I’ve been dating for five years. He pressed me on this issue three years ago. I didn’t do the loan then, and it was a seri...

NeoGenomics stock plunges more than 20% as CEO departs after disappointing quarter

NeoGenomics Inc. Chief Executive Mark Mallon stepped down Monday as the health-testing company revealed that first-quarter financials will miss guidance and rescinded its forecast for the full year, s...

Biden’s 2023 budget proposal seeks to apply accounting and tax reporting rules to crypto

The Biden administration is submitting a budget proposal for the 2023 financial year. The budget proposal comes as the US Treasury Department releases its revenue explanations. It is estimated that th...

Do I need to file a tax return if most of my income is Social Security?

Recently we received the following email from a reader: I would like to know if I live off my Social Security check and have no other income must I file a federal tax return? I have a yearly income of...

Coinbooks Gathers $3.2 Million For Developing Accounting Software To Serve DAOs

A San Francisco-based accounting software startup, Coinbooks, has piled up $3.2 Million from investors involving a number of prominent names. Coinbooks work by merging with cryptocurrency wallets and ...

Coinbooks raises $3.2 million to build accounting software for DAOs

advertisement Coinbooks, an accounting software startup based in San Francisco, is 3 months old. But in that time, the company has raised a total of $3.2 million from investors including Y Combinator,...

Chinese Stocks Plunge After SEC Stokes Delisting Concerns

A further step by the Securities and Exchange Commission toward forcing companies from China off American exchanges helped trigger the worst decline in U.S.-listed Chinese stocks since the global fina...

SEC-targeted Chinese companies slump; Yum China warns of 2024 delisting risk

Shares of Chinese companies flagged for possible delisting in the U.S. slid in Hong Kong and Shanghai trading Friday, a move that analysts said highlighted geopolitical tensions but would have little ...

My mother-in-law left her $1 million life-insurance policy to my brother-in-law, but her will says she wants him to share it with my husband. What can we do?

Dear Quentin, My husband and I took care of my mother-in-law for eight years. Around five years ago we gave up the house we were renting to save her home because she could not afford it, and because s...

Netflix, TikTok, Major Accounting Firms Suspend Service—Here’s The List Of Companies Cutting Ties With Russia Over Invasion

TikTok announced Sunday it had “no choice” but to suspend live-streaming and new videos in Russia after President Vladimir Putin signed a new law banning “fake” news, joining a growing list of compani...

GoodRx Stock Is Plunging to a Record Low. Earnings and Guidance Missed.

Text size GoodRx Holdings stock took a turn for the worse late Monday, after the prescription-drug-referral platform posted disappointing fourth-quarter results. GoodRX GoodRx Holdings stock took a tu...

IRS to activate second ‘surge’ team to handle millions of backlogged tax returns

Two weeks ago, the Internal Revenue Service said it was reassigning 1,200 staffers as a “surge team” of reinforcements tasked with cutting into a backlog that included millions of unprocessed returns ...

‘He promised to pay them off’: My daughter lived with a man for 9 years. He took out credit cards in her name. Will she be held liable?

Dear Quentin, I have a problem. My daughter lived with a guy for nine years. During that time, I found out that he took out two credit cards in her name without her permission. Identity theft, right? ...

‘We live 5 minutes from our in-laws who have a larger home’: Is it a good idea to swap houses? Will I end up with a surprise tax bill?

I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We li...

Accounting Firm Drops Trump As Client Amid Investigations Into Overvalued Real Estate Assets

Topline Former President Donald Trump’s longtime accounting firm has dropped him as a client and informed the Trump Organization it shouldn’t rely on a decade of financial statements the f...