Steven Heap/EyeEm/Getty Images It’s finally here: April 18 is the 2021 federal tax filing deadline for most Americans. As of April 8, the IRS had received more than 103 million returns and sent 70 million refunds, totaling over $222 billion. But that still leaves millions to be filed with limited time remaining. Doug Campbell, a CPA and
Month: April 2022
Topline The stock market moved lower on Monday—extending a recent losing streak—while rates surged ahead of a big week of quarterly earnings results, with investors remaining nervous about the impact of surging inflation on corporate profits and consumer spending. Key Facts Stocks added to last week’s losses, despite a comeback late in the day: The
It’s tax day folks and the process of preparing them can be difficult if not arduous, especially for more than 14 million taxpayers who paid for tax prep software that they could have gotten for free. The Treasury Inspector General for Tax Administration found roughly a billion dollars in revenue for TurboTax maker Intuit INTU
With the white-hot real estate market and so many people moving from place to place, making a house feel like a home can be challenging. Previous owners may leave but pieces of them remain from their overall sense of style, to their paint color preferences and sometimes even furniture. While renovating changes those things, cleansing
A Standard Missile-3 (SM-3) launches from the U.S. Navy’s USS Lake Erie at a non-functioning National Reconnaissance Office satellite on Feb. 20, 2008 as an anti-satellite weapons U.S. Department of Defense The United States government has committed to ending the practice of anti-satellite missile tests, Vice President Kamala Harris announced on Monday, urging other nations
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to the last time stocks and bonds fell together: 1994. “The market just sort of digested it, and there was a lot of sideways
Mixmedia | E+ | Getty Images There’s a renewed push in Congress to let Medicare beneficiaries set aside pre-tax money for medical expenses. Called the Health Savings for Seniors Act and introduced this month in the House, the bipartisan bill revives past legislative efforts to let individuals on Medicare contribute to health savings accounts, or
urbazon | E+ | Getty Images When the Covid-19 pandemic hit, many Americans felt the financial shock of a sudden drop in income. If the same kind of event were to happen today, many people would still struggle financially, according to a poll conducted by the Bipartisan Policy Center, Funding Our Future coalition and Morning
In all the excitement about the crack in Amazon and Starbucks’ anti-union armor as workers post big union wins, one might think that labor power in America is rising. But unionization is just one of 10 indicators of worker bargaining power—and of these, only five show worker power is up. Why does worker power matter?
Just like Christmas, tax day comes but once a year. Unlike Christmas, however, tax day moves around a bit. This year, it falls on April 18, thanks to the celebration of Emancipation Day in the District of Columbia. The same will be true next year. Still, April 15 gets all the attention. Every year, the
Alison Fiore of the Backyard Growers, a 10-year-old non-profit located in the seaside city of Gloucester, Massachusetts, likes to remind people that huge farms are a relatively new development. “Only since the industrial revolution have we separated food growing from where people live,” says the executive director of the program that has built raised beds
SAN FRANCISCO, CA – MARCH 16: Stephen Curry #30 of the Golden State Warriors warms up prior to the game against the Boston Celtics on March 16, 2022 at Chase Center in San Francisco, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to
In this article BAC CEO and Chairman of the Bank of America Brian Moynihan speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Hannah McKay | Reuters Bank of America is scheduled to report first-quarter earnings before the opening bell Monday.Here’s what Wall Street expects: Earnings: 75 cents a
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share
Eric Audras / Getty Images What type of insurance should you have at different stages of your life? When asked, financial advisors pointed to disability and life insurance as most important kind of coverage at any stage, as they apply throughout our lives. In addition, advisors discussed often overlooked considerations for different points in your
Ahead of Tax Day, the IRS has issued more than 70 million refunds, at an average of $3,256. That’s over $400 more than last year, when the average refund was just above $2,800. For many Americans, a lump-sum payment of this size is rare and it’s tempting to squander it. Still, a growing number of tax filers
While we were celebrating Passover and Easter with our loved ones and family, National Health Care Decisions Day came and went. It was on Saturday, April 16. It was designated to remind us that no matter our age, planning for the inevitable day when we cannot make our own health care decisions is more than
Are gifts income the IRS can tax? Fortunately, no, but the line between what is income and what is a gift is sometimes fuzzy. Let’s say you do major favors for your employer and get a gift of $20,000, is that really a gift? You might try to document it that way, but it’s not
A traffic police officer prepares to check a truck at a service station near Shanghai, which has ordered tighter restrictions on travel in and out of the city as China battles its most severe Covid outbreak since the early days of the pandemic in 2020. Yin Liqin | China News Service via Getty Images BEIJING
Hollywood Hills is long known as the epitome of cool Los Angeles-style hillside living, from the celebrated Bird Streets, where urban legend has it Paul McCartney wrote “Blackbird,” to Laurel Canyon haunts once occupied by the likes of Cass Elliot of the Mamas & the Papas, Frank Zappa and Jim Morrison of The Doors. Unending
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