Rotary Convention coming to Minneapolis in 2029

Rotary International will bring its annual convention to Minneapolis in 2029, officials announced on Monday.

New Child Tax Credit of $1,750 per child available in Minnesota

For the 2023 tax filing year, a new Child Tax Credit will be available for Minnesotans, up to $1,750 per child, with no limit on the number of children claimed.

Great wealth transfer is underway in US — to women

A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.

Federal Reserve on track to cut rates this year: What it means for you

Experts have begun forecasting when interest rates may start easing from the strictest levels in two decades. Here’s what they’re saying and what it means for everyday Americans.

New tax form for 2023 rebate check in MN
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This tax season, there's a new form to fill out for Minnesotans who received a rebate check from the state last fall, which will be subject to federal income taxes. FOX 9's Rose Schmidt has more.

Minnesota tax rebates: IRS says 'no' to exempt rebates from federal taxes

The Internal Revenue Service says the nearly $1 billion in state tax rebates sent to more than 2 million Minnesotans last fall will be subject to federal income taxes, despite pleas from state officials.

This is how much paychecks have grown in Minnesota this year

Workers in Minnesota started 2024 by making more money compared to the first month of last year, according to the ADP.  

IRS launches its free-filing pilot program in 12 US states

With tax season kicking off Monday, the IRS is rolling out a new online option for filing your 2023 returns. Here's how it works.

Most Americans cannot afford a $1K emergency expense

Thirty-five percent of adults surveyed said they'd have to borrow money if they had a $1,000 unexpected expense.

Gas prices remain stagnant as demand drops: AAA

Although prices are lower than they were last year at this time, they remain steady month over month.

Study: Gen Z, millennials are ‘obsessed’ with idea of being rich

The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.

Eliminating the tax on Social Security benefits
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As a retired elementary school teacher, Sally Hokkanen and her husband rely on social security and their 401ks to make ends meet. So getting a little more in their social security checks would go a long way.