Luxury retailer Saks Global on Friday announced it will operate with a new name after it exited bankruptcy after cutting its store count and reducing its debt obligations. The company – which is the parent of notable retail brands including Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman – will…

Dependents may be required to file their own federal tax return depending on the type and amount of their income. For tax year 2026 (filed in 2027), a dependent generally must file if earned income exceeds $16,100, or if unearned income exceeds $1,350.1 Being claimed as a dependent does not…