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[ad_1] As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn't been enough to lift sales for Dollar Tree and Dollar General . Shares of the deep discounters have plunged so far in 2024. The retailers have each cut their full-year forecasts because of weaker-than-expected sales. And both have had leadership shakeups: Dollar General and its former CEO Jeff Owens parted ways in October 2023, and Dollar Tree CEO Rick Dreiling stepped down Nov. 4. Dollar Tree is also exploring selling off Family Dollar , its more grocery-focused brand. Those results are a sharp turnabout for the dollar stores, which were once Wall Street darlings. The struggles have put scrutiny on the two retailers, which will report quarterly earnings this week. Dollar General and Dollar Tree stores Getty Images Peter Keith, a retail analyst for Piper Sandler, said a challenging mix of factors hurt the retailers. Lower-income customers, who ten...

[ad_1] Despite the cooling market , many homeowners made money selling their property in 2022 — and part of that windfall may be taxable. Home sellers made a $112,000 profit on the typical sale in 2022, a 21% increase from 2021, and a 78% jump from two years ago, according to ATTOM , a nationwide property database.  While most sellers fall under the thresholds for capital gains taxes , high-dollar home sales or long-term ownership can trigger an unexpected bill, experts say. More from Smart Tax Planning: Here's a look at more tax-planning news. Here's how it works: Home sales profits are considered capital gains, with federal tax rates of 0%, 15% or 20%, depending on your 2022 taxable income. (You calculate "taxable income" by subtracting the greater of the standard or itemized deductions from your adjusted gross income.) As a single home seller, you can exclude up to $250,000 of your profit from capital gains taxes and you can shield up to $500,000 as a married ...

[ad_1] After the Supreme Court struck down the Biden administration's plan to wipe away about $430 billion in student loan debt, many borrowers are now scrambling to figure out exactly when their next payment is due, how much they owe and whether they'll be able to afford that bill. President Joe Biden has promised to continue to work on a proposal to forgive student loan debt. Yet, "under the law, this path could take time," said U.S. Education Secretary Miguel Cardona, vowing to keep borrowers updated in the months ahead. For now, the Biden administration is taking action to help provide some relief to borrowers by offering a more affordable income-driven repayment plan. More from Your Money: Here's a look at more stories on how to manage, grow and protect your money for the years ahead. The new Saving on a Valuable Education, or SAVE Plan , will cut down the amount borrowers have to make on monthly payments by half — to just 5% of their disposable income, ...