Latest articles by Rocky Mengle
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"Above-the-Line" Deductions for Your 2021 Tax Return
Tax Breaks If, like most people, you claim the standard deduction instead of itemized deductions on your return, there are still many other tax deductions available that could save you a lot of money.
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Will Your Stimulus Check Increase Your Tax on Social Security Benefits?
Coronavirus and Your Money The answer to this question comes down to whether your stimulus check increases your "provisional income."
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Minimum Wage Update: Republican Senators Offer $10 Minimum Wage Plan
Politics Senators Mitt Romney and Tom Cotton propose an alternative to the $15 minimum wage plan pushed by Democrats.
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Tax Deadlines Extended for Texas, Oklahoma and Louisiana Winter Storm Victims
Tax Breaks Following FEMA's disaster declarations for winter storms in Texas, Oklahoma and Louisiana, victims of the storms in those states get more time to file and pay taxes.
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Will Biden's $15 Minimum Wage Proposal Survive?
Politics Even President Biden doesn't think his proposed minimum wage increase will reach the finish line.
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Teachers Can Deduct COVID-Prevention Supplies on Their Tax Return
Tax Breaks Eligible educators can write off expenses for COVID-19 protective items that help stop the spread of the virus in the classroom.
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Biden Calls for $1,400 Third Stimulus Checks as Part of $1.9 Trillion Relief Package
Coronavirus and Your Money Under President Biden's plan for a third stimulus check, families with older dependents would benefit, but payments could be "targeted" to the most in need.
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Republican Senators Propose "Targeted" $1,000 Stimulus Check Plan
Coronavirus and Your Money Ten moderate Republican senators are asking President Biden to consider a more targeted stimulus package that includes a $1,000 stimulus check component.
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Would You Get a "Targeted" Stimulus Check?
Coronavirus and Your Money As the push for a third stimulus check continues, there's a renewed effort to target them to people most in need. Who would not get a third stimulus check if the payments are targeted?
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The IRS Can Take Your Recovery Rebate Credit for Child Support or Other Debts Owed
Coronavirus and Your Money Most restrictions put in place to protect your stimulus check from garnishment don't apply to Recovery Rebate tax credits.
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Will Identity Theft Victims Have to Pay Tax on Unemployment Benefits They Didn't Receive?
taxes Scammers were busy last year filing bogus unemployment benefit claims using stolen personal information. Here's what the IRS has to say about taxes for ID theft victims.
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Kiplinger’s Best Values in Tax Software, 2021
Tax Breaks We ranked the most popular tax-prep packages to help you find the ones that provide the best experience at the lowest cost.
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What to Do If Your Third Stimulus Check is Lost, Stolen or Destroyed
Coronavirus and Your Money If your third stimulus check is lost in the mail, or something else happens to it before you get it, you can ask the IRS to trace your payment. Here's how it works.
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Biden Extends Student Loan Relief, Is Loan Forgiveness Next?
Coronavirus and Your Money On his first day as president, Joe Biden continued the suspension of student loan payments until October.
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When Could We Get a Third Stimulus Check?
Coronavirus and Your Money President Biden and others in Congress are pushing for a third-round of stimulus checks, but it might be a while before we get them.
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The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill
Politics Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.
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Biden Proposes $15 Minimum Wage
Politics As part of his $1.9 trillion economic stimulus package, President Biden proposed an increase in the federal minimum wage.
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Where Can I Cash My Stimulus Check?
Coronavirus and Your Money If you don't have a bank account, here are a few check-cashing options to consider if you receive a paper stimulus check in the mail.
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Second Stimulus Check Payments by Debit Card Are Coming (It's Not Junk Mail!)
Coronavirus and Your Money The IRS is sending some second stimulus check payments on prepaid debit cards. We've got answers to important questions about these "EIP Cards."
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Biden Says $2,000 Checks Will "Go Out the Door" if Democrats Win in Georgia
Coronavirus and Your Money While campaigning in Georgia on Monday, President-Elect Biden made a bold statement about a third-round of stimulus checks.
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10 Things Social Security Recipients Need to Know About Their Second Stimulus Check
social security It's a bit more difficult for Social Security recipients to learn the ins and outs of second-round stimulus checks, since there are a few special rules that only apply to them.
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Second Stimulus Check Update: Senate Kills $2,000 Payments
Coronavirus and Your Money Efforts to increase second-round stimulus checks from $600 to $2,000 died in the Senate. A new Congress will be sworn in on Sunday…perhaps they will revive the idea.
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When Will Your Second Stimulus Check Arrive? It May Already Be On Its Way
Coronavirus and Your Money A direct deposit payment could already be in your bank account. Paper checks will follow quickly.
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Second Stimulus Check Update: Trump Signs Bill Authorizing Second Round of Stimulus Checks
Coronavirus and Your Money President Trump has signed a bill authorizing a $600-per-person second stimulus check. Hints that "much more money is coming."
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