Taxes on Unemployment Benefits: A State-by-State Guide
state tax

Taxes on Unemployment Benefits: A State-by-State Guide

Don't be surprised by an unexpected state tax bill on your unemployment benefits. Know where unemployment compensation is taxable and where it isn't.
June 10, 2021
IRS Is Sending More Unemployment Tax Refund Checks in June
Coronavirus and Your Money

IRS Is Sending More Unemployment Tax Refund Checks in June

Uncle Sam is issuing 2.8 million refunds this week to people eligible for the new $10,200 unemployment compensation tax exemption. More payments to fo…
June 4, 2021
Perils and Profits of Cannabis Investing with Matt Hawkins
Becoming an Investor

Perils and Profits of Cannabis Investing with Matt Hawkins

A rapidly evolving legal landscape is keeping cannabis investors on their toes. We talk to private-equity investor Matt Hawkins, who has long experien…
June 2, 2021
Pandemic Brings New Scams, Too
Scams

Pandemic Brings New Scams, Too

Billions in stimulus funds create new opportunities for fraud ranging from unemployment benefits to vaccine cards.
May 24, 2021
6 Biden Stimulus Benefits That Pack the Biggest Punch
Coronavirus and Your Money

6 Biden Stimulus Benefits That Pack the Biggest Punch

From stimulus checks to enhanced unemployment benefits, these perks from the American Rescue Plan will provide significant financial relief to million…
March 26, 2021

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Unemployment Tax Break: Don't Amend Your 2020 Tax Return to Claim the New Exemption
Coronavirus and Your Money

Unemployment Tax Break: Don't Amend Your 2020 Tax Return to Claim the New Exemption

The IRS is still figuring out the best way to handle to new $10,200 tax exemption for unemployment benefits received in 2020, but it doesn't want you …
March 19, 2021
American Workers Get Enhanced Unemployment Benefits as Biden Signs Stimulus Package
Coronavirus and Your Money

American Workers Get Enhanced Unemployment Benefits as Biden Signs Stimulus Package

The American Rescue Plan extends bonus payments of $300 per week and offers a tax break for unemployment benefits collected in 2020.
March 13, 2021
New Financial Challenges for Women with Marguerita Cheng
Women & Money

New Financial Challenges for Women with Marguerita Cheng

The COVID-19 pandemic and accompanying recession have been particularly hard on women, who've lost millions of jobs. Financial planner Marguerita Chen…
March 8, 2021
Senate Alters Unemployment Benefits Before Passing Stimulus Package
Coronavirus and Your Money

Senate Alters Unemployment Benefits Before Passing Stimulus Package

Enhanced unemployment compensation remains the same, but payments will last longer and a new tax break is added.
March 6, 2021
House-Approved Stimulus Bill Extends Unemployment Programs
Coronavirus and Your Money

House-Approved Stimulus Bill Extends Unemployment Programs

Also included are $1,400 stimulus checks, paid sick and family leave, and a $15 minimum wage.
February 27, 2021
Will Identity Theft Victims Have to Pay Tax on Unemployment Benefits They Didn't Receive?
taxes

Will Identity Theft Victims Have to Pay Tax on Unemployment Benefits They Didn't Receive?

Scammers were busy last year filing bogus unemployment benefit claims using stolen personal information. Here's what the IRS has to say about taxes fo…
January 29, 2021
12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket
Coronavirus and Your Money

12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket

President Biden's "American Rescue Plan" includes several proposals to assist people financially harmed by the pandemic.
January 20, 2021
12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket
Coronavirus and Your Money

12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket

President-elect Biden's "American Rescue Plan" includes several proposals to assist people financially harmed by the pandemic.
January 15, 2021
The Kiplinger Letter’s Must-Read Political and Economic Forecasts for 2021
Politics

The Kiplinger Letter’s Must-Read Political and Economic Forecasts for 2021

Our annual outlook explores what to expect from the U.S. economy, the new Congress and next administration, trade tensions, cryptocurrency, self-drivi…
January 12, 2021
$300 Weekly Unemployment Benefits Included in Stimulus Bill
Coronavirus and Your Money

$300 Weekly Unemployment Benefits Included in Stimulus Bill

The bill provides temporary expanded relief to the unemployed in the form of additional payments, longer benefit periods, and help for the self-employ…
December 28, 2020
Over 50 and Furloughed/Unemployed? Five Actions to Consider Now
unemployment

Over 50 and Furloughed/Unemployed? Five Actions to Consider Now

Don’t despair, but do plan for the worst.
July 9, 2020
5 Steps to Take if You’ve Lost Your Job
unemployment

5 Steps to Take if You’ve Lost Your Job

Layoffs and job losses have hit millions of Americans recently. To navigate the financial challenges, focus on these five priorities first.
July 1, 2020
5 HEROES Act Provisions with a Good Chance of Becoming Law
economy

5 HEROES Act Provisions with a Good Chance of Becoming Law

The massive federal stimulus bill just passed by the House of Representatives is "dead on arrival" in the Senate. But a few proposals in the bill have…
May 16, 2020
15 States That Don't Tax Unemployment Benefits
state tax

15 States That Don't Tax Unemployment Benefits

If you're out of work right now, you're probably saving every quarter you can. Not having to pay state income taxes on unemployment compensation will …
April 23, 2020
Is Unemployment Taxable? State-by-State Guide to Unemployment Benefits
unemployment

Is Unemployment Taxable? State-by-State Guide to Unemployment Benefits

When it comes to state taxation of unemployment compensation, it's a bit of a mixed bag.
April 20, 2020
10 Things You Must Know About Filing for Unemployment Benefits
unemployment

10 Things You Must Know About Filing for Unemployment Benefits

Unemployment insurance is a joint state and federal program that provides those out of work with temporary yet steady cash to help them financially. I…
April 16, 2020
11 Ways the CARES Act and Other Government Measures Could Help You in 2020
unemployment

11 Ways the CARES Act and Other Government Measures Could Help You in 2020

Hopefully, the CARES Act and other coronavirus stimulus measures will get the U.S. economy back on track. Some of the changes made could improve your …
March 31, 2020