California voters are set to cast their ballots to determine the fate of a proposed billionaire tax that could see the Golden State lose wealthy residents and may not deliver the revenue advocates hope for. The ballot measure, known as Proposition 40, would impose a one-time 5% wealth tax on…

American households will have the opportunity to review their healthcare coverage in November amid the upcoming open enrollment window for those who buy their health insurance through state-based marketplaces or the federal exchange on Healthcare.gov. The open enrollment period begins on Sunday, Nov. 1, and those looking to sign up…

Adult children who financially support a parent may be able to claim that parent as a dependent on their federal tax return. Generally, the parent must have income below an annual limit, and the child must provide more than half their support. Eligibility can unlock credits, deductions and favorable filing…