Tax-filing season is here, and you may be wondering how the pandemic will affect your return. Many filers have a lot more questions about their taxes this year than in the past. “For this specific tax season, it’s all about organization, especially because of what was provided last year for Covid relief,” said Sheneya Wilson,
Personal finance
Stimulus checks printed at the Philadelphia Financial Center in Philadelphia. Jeff Fusco | Getty Images As a $1.9 trillion coronavirus relief package comes together on Capitol Hill, millions of additional direct payments to Americans could be in the works. Legislation under discussion includes $1,400 stimulus checks that could bring the total direct payments sent to
Sanders Fabares felt that something wasn’t working. Even after years of paying $1,000 a month toward his student loans and his wife’s, their balance hadn’t decreased by much. They still owed around $80,000, down from the $90,000 they’d originally borrowed. “I started trying to understand what we were doing wrong,” Fabares, 41, said. His research
U.S. Speaker of the House Nancy Pelosi (D-CA) participates in a news conference on the third day of the Senate impeachment trial of former U.S. President Donald Trump in Washington, February 11, 2021. Erin Scott | Reuters House Speaker Nancy Pelosi on Thursday said that a $15 federal minimum wage will be included in the
MartinPrescott | E+ | Getty Images Don’t count on having extra time to get your tax return filed this year like you did in 2020. The IRS said Thursday it has no plans to extend the standard filing deadline of April 15. This comes despite the agency delaying the start date for accepting returns to
Everyone knows it’s been hard to be single during the pandemic. Being in a relationship is no picnic either. With Valentine’s Day approaching, many couples struggling in the face of the current economic crisis won’t celebrate the way they usually do. Due to the coronavirus outbreak, 1 in 10 couples were furloughed, lost their job,
Getting America’s workforce vaccinated will go a long way toward helping the country reach herd immunity. Instacart, Target, Trader Joe’s, McDonald’s and Dollar General are among a growing list of companies giving workers time off and extra money to get vaccinated for Covid-19. Others, including Amazon, Uber and DoorDash, are going a step further by lobbying state officials to secure
Getty Images Many Americans are eager to see more money from the federal government in the form of $1,400 stimulus checks. But another part of Democrats’ $1.9 trillion coronavirus relief package, changes to the child tax credit, could actually give qualifying families more money than the direct payments. “The child tax credit is going to
Getty Images Tax season can be a pain but submitting your return to the IRS as soon as you’re able may be extra important this year. That’s because the coronavirus pandemic has led to changes in the tax code that will impact individual returns and refunds. The season is also shorter than usual this year.
Protestors call for a $15 minimum wage outside of McDonald’s corporate headquarters in Chicago on Jan. 15, 2021. Scott Olson | Getty Images The push for a $15 federal minimum wage continues. Just days after the Senate voted on a nonbinding amendment to prohibit raising the minimum wage during the pandemic, the House of Representatives
sturti | E+ | Getty Images Democrats are forging ahead with plans to send millions of Americans $1,400 stimulus checks. Their most recent proposal sheds light on just who could be eligible for the money once it’s approved. The House of Representatives unveiled its legislative drafts on Monday. Democrats, under the leadership of President Joe
valentinrussanov | E+ | Getty Images Hotels and resorts, like the rest of the travel industry, have taken a hit during the pandemic, but prospective travelers willing to book accommodations later this year may see a silver lining in the form of especially low room rates and widespread availability. That’s according to the American Hotel
People press demands to McDonald’s to raise workers wages to a $15 minimum wage, May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images A report released Monday from the nonpartisan Congressional Budget Office concluded that raising the minimum wage to $15 an hour by 2025 could add tens of billions of dollars
bymuratdeniz | E+ | Getty Images With all of Medicare‘s different rules for enrolling, it’s not unheard of to miss your signup deadline. Now is the time to remedy that. During a general enrollment period that opened Jan. 1 and closes March 31, anyone who did not enroll when they should have (as defined by
Getting into the Super Bowl spirit usually entails some sort of wager. This year, however, gambling on the big game looks a lot different than it has in the past. Altogether, more than half of Americans said they’ll bet on this Sunday’s Super Bowl LV, according to a report from LendingTree. Despite widespread job losses,
Sen. Bernie Sanders, I-Vt., speaks during an event to introduce the Raise The Wage Act at the U.S. Capitol on Jan. 16, 2019. Chip Somodevilla | Getty Images Senate Democrats passed a budget resolution early Friday, the latest step towards approving President Joe Biden’s $1.9 trillion stimulus plan by a simple majority without Republican votes.
Tiffany Hagler-Geard | Bloomberg | Getty Images The stock market is known for being unpredictable and volatile, and any sense of normalcy was blown up during the recent GameStop rally. Most of us know the story by now: After discovering that several hedge funds had bet on the video game retailer losing value, people banded
Before the pandemic, volunteers for Creighton University’s VITA program worked closely with clients to file their tax returns for free. Tom Purcell Creighton University’s Volunteer Income Tax Assistance, or VITA, program has a new look this year, thanks to the coronavirus pandemic. Instead of in-person meetings, where people sit face-to-face with students volunteering to help
kate_sept2004 President Joe Biden wants to get more money to certain American families by expanding the child tax credit for one year. For those who are eligible, that would mean extra cash could come their way via a refund check. Now Democrats are planning to propose a bill next week to enact a long-term change
Image Source | DigitalVision | Getty Images As Washington lawmakers work to come to an agreement on a new coronavirus relief package, one key question has emerged: Will the next stimulus checks be $1,400? President Joe Biden sought to end that debate in a press conference on Friday by re-affirming his commitment to $1,400. “I’m