In an unusual move, the IRS has made a midyear increase in the standard mileage rate for business vehicle use. Also rising is the standard mileage rate for qualifying medical care and eligible moving expenses for certain individuals. Here are the rates now in effect through December 31, 2026.

Today's parents face a challenge far beyond scheduling playdates or enforcing a bedtime. Namely, how can they manage the considerable financial impact of raising a child in the current economy? We explain how claiming a variety of tax credits and using a carefully chosen tax-advantaged education savings vehicle can help.

Many employers that sponsor 401(k) plans end up with "missing participants." These are account holders who are former employees with out-of-date contact information. What can you do? The situation can create administrative hassles for your organizations at first and, later, turn into a major problem when the accounts in question must start making distributions. Here are some best practices to consider if you have missing participants.

If you've won money gambling, know that gambling winnings are subject to federal and, possibly, state tax. This includes winnings from casinos, lotteries, raffles, sports betting, horse races and other contests. Before you spend your winnings, you should also consider other uses for the money, such as saving it for emergencies, retirement or your child's college education.

Good fences might make for good neighbors, but when buying stocks, it can pay to take down the fences and blend a variety of investment landscapes. Here's how to prepare for various economic scenarios so you can weather financial storms and dry spells, while basking in the sunny good times.