unemployment
Taxes on Unemployment Benefits: A State-by-State Guide
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 23, 2022
2021 Tax Returns: What's New on the 1040 Form This Year
2021 Tax Returns: What's New on the 1040 Form This Year
If you're a last-minute filer, familiarize yourself with potential changes for your 2021 tax return before tackling your 1040.
April 14, 2022
The IRS Just Sent More Unemployment Tax Refund Checks
The IRS Just Sent More Unemployment Tax Refund Checks
With the latest batch, Uncle Sam has now sent tax refunds to over 11 million Americans for the $10,200 unemployment compensation tax exemption.
November 13, 2021
How Patients with Lasting Symptoms of COVID Can Apply for Disability
How Patients with Lasting Symptoms of COVID Can Apply for Disability
Those who can no longer work because of COVID-19 may qualify for these benefits but the approval process can be a difficult road.
July 30, 2021
Perils and Profits of Cannabis Investing with Matt Hawkins
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
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Pandemic Brings New Scams, Too
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
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
The Basics of Unemployment Benefits: Who Qualifies, How to Apply, How Much You’ll Get
The Basics of Unemployment Benefits: Who Qualifies, How to Apply, How Much You’ll Get
Unemployment insurance is a joint state and federal program that provides those out of work with temporary yet steady income to help them financially.…
March 22, 2021
Unemployment Tax Break: Don't Amend Your 2020 Tax Return to Claim the New Exemption
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
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
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
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
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?
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
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
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
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
$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
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
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
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
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
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
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
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