Federal Reserve plans to raise interest rates as soon as March

The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.

Taxes 2022: Filing season opens Monday, taxpayers face overloaded IRS

Tax filing season opens on Jan. 24. But an IRS worker shortage, an enormous workload from administering pandemic-related programs, and stalled legislation that would have given the agency billions of dollars for more expeditiously processing returns will combine to cause taxpayers pain this filing season.

Child tax credit: How families can get the rest of their money in 2022

Although the IRS paid out the last monthly installment of the expanded child tax credit in December, millions of parents should be on the lookout for a letter from the agency that will help them collect the remaining half of the money when they file their 2021 tax returns.