When you think of your income, a paycheck probably comes to mind. But there are many other types of income that have to be reported on your annual tax return, including interest earned on a savings ...

The government considers interest on CDs, savings and other deposit accounts as taxable income. That means you must report it on your tax return and pay the appropriate taxes on i ...

The “person of interest” in the disappearance of University of Pittsburgh student Sudiksha Konanki says the Dominican Republic must let him go home. Joshua Riibe, a 22-year-old Iowan who has b ...

A corporate bond is a loan to a company for a predetermined period, with a predetermined interest yield it will pay. In return, the company agrees to pay interest (typically twice per year ...

The average savings account in the U.S. pays 0.41% APY. But the type of savings account you have has a big impact on the amount of interest you'll earn. Switching your savings from a traditional ...

If an investment adviser touts an impressive average rate of return, be very wary, because losses can “hide” among the gains and hinder your financial success. Let’s explore the meaning of ...

For tax return purposes, you can only declare the interest you paid on a qualified student loan in the tax year you are filing your return. Since you can present this deduction as an adjustment to ...