taxes

Estimated Tax Payments Are Due January 15
tax deadline

Estimated Tax Payments Are Due January 15

The deadline for 2020 fourth quarter estimated tax payments is almost here. Get your payments in now.
January 14, 2021
20 Most-Overlooked Tax Breaks and Deductions
Tax Breaks

20 Most-Overlooked Tax Breaks and Deductions

Don't miss these frequently overlooked tax deductions, credits and exemptions. Otherwise, you're just pouring money down the drain.
January 14, 2021
Fund Your IRA, Cut Your Taxes
Tax Breaks

Fund Your IRA, Cut Your Taxes

There’s still time to make a 2020 IRA contribution and lower your tax bill.
January 13, 2021
Do Stimulus Checks Increase the Tax on Social Security Benefits?
Coronavirus and Your Money

Do Stimulus Checks Increase the Tax on Social Security Benefits?

The answer to this question comes down to whether a stimulus check increases "provisional income."
January 12, 2021
How a Third Stimulus Check Could Differ From Your First and Second Payments
Coronavirus and Your Money

How a Third Stimulus Check Could Differ From Your First and Second Payments

There's going to be a big push for a third round of stimulus payments. But the amount and eligibility rules for your third stimulus check could be dif…
January 12, 2021
22 IRS Audit Red Flags
tax returns

22 IRS Audit Red Flags

There's no sure way to avoid an IRS audit of your tax return, but these red flags could increase your chances of drawing unwanted attention from the I…
January 12, 2021
Where Can I Cash My Second Stimulus Check? Try Walmart or PayPal
Tax Breaks

Where Can I Cash My Second Stimulus Check? Try Walmart or PayPal

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.
January 11, 2021
Charitable Tax Deductions: An Additional Reward for the Gift of Giving
Tax Breaks

Charitable Tax Deductions: An Additional Reward for the Gift of Giving

Because of the worldwide pandemic and related restrictions, your donations to charity are needed more than ever this year. And, with charitable tax de…
January 9, 2021
Your Second Stimulus Check: How Much? When? And Other FAQs
Coronavirus and Your Money

Your Second Stimulus Check: How Much? When? And Other FAQs

Here's what you need to know about the $600 second stimulus checks being sent to eligible Americans.
January 9, 2021
Second Stimulus Check Payments by Debit Card Are Coming (It's Not Junk Mail!)
Coronavirus and Your Money

Second Stimulus Check Payments by Debit Card Are Coming (It's Not Junk Mail!)

The IRS is sending some second stimulus check payments on prepaid debit cards. We've got answers to important questions about these "EIP Cards."
January 8, 2021
A Retiree’s Guide to Key Dates in 2021
Basics

A Retiree’s Guide to Key Dates in 2021

It's critical -- and financially sound -- to hit these important financial deadlines spaced throughout the year.
January 8, 2021
Joe Biden's Tax Plans for the Next Few Years
Politics

Joe Biden's Tax Plans for the Next Few Years

With control of both the House and Senate in Democratic hands, Joe Biden will be able to get more of his tax agenda through Congress. Here's what coul…
January 7, 2021
Biden Says $2,000 Checks Will "Go Out the Door" if Democrats Win in Georgia
Coronavirus and Your Money

Biden Says $2,000 Checks Will "Go Out the Door" if Democrats Win in Georgia

While campaigning in Georgia on Monday, President-Elect Biden made a bold statement about a third-round of stimulus checks.
January 6, 2021
Most-Overlooked Tax Breaks for the Newly Divorced
Divorce

Most-Overlooked Tax Breaks for the Newly Divorced

The pandemic is expected to boost the divorce rate in 2021. If you're breaking up, here are some tips to make your return to single life more tax-frie…
January 6, 2021
When Will Your Second Stimulus Check Arrive? It May Already Be On Its Way
Coronavirus and Your Money

When Will Your Second Stimulus Check Arrive? It May Already Be On Its Way

A direct deposit payment could already be in your bank account. Paper checks will follow quickly.
January 4, 2021
10 Things Social Security Recipients Need to Know About Their Second Stimulus Check
social security

10 Things Social Security Recipients Need to Know About Their Second Stimulus Check

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 rule…
January 4, 2021
10 States with the Highest Gas Taxes
taxes

10 States with the Highest Gas Taxes

COVID-19 has made us appreciate driving our cars more, but filling up the tank will cost you more in these state.
January 4, 2021
Second Stimulus Check Update: Senate Kills $2,000 Payments
Coronavirus and Your Money

Second Stimulus Check Update: Senate Kills $2,000 Payments

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 r…
January 1, 2021
Second Stimulus Check Update: $2,000 Payments Dying in the Senate
Coronavirus and Your Money

Second Stimulus Check Update: $2,000 Payments Dying in the Senate

Efforts to increase second-round stimulus checks from $600 to $2,000 are failing in the Senate. And time is running out.
December 31, 2020
Second Stimulus Check Update: House Passes Bill for $2,000 Payments
Coronavirus and Your Money

Second Stimulus Check Update: House Passes Bill for $2,000 Payments

With President Trump's backing, Democrats in the House want to boost the amount of second-round stimulus checks from $600 to $2,000. But will Senate R…
December 30, 2020
Is Your Stimulus Check Taxable?
Coronavirus and Your Money

Is Your Stimulus Check Taxable?

You may be wondering if you have to pay taxes on your second stimulus check. The answer may surprise you.
December 30, 2020
The Most-Overlooked Tax Breaks for Retirees
Tax Breaks

The Most-Overlooked Tax Breaks for Retirees

For new retirees—especially those on a fixed income—it's more important than ever to take full advantage of every tax break available.
December 30, 2020
How Your Second Stimulus Check Will Differ from the First One
taxes

How Your Second Stimulus Check Will Differ from the First One

The COVID-Related Tax Relief Act authorizes a second round of stimulus checks. While your second stimulus check will be similar to your first payment,…
December 28, 2020
Will College Students Get a Second Stimulus Check? (Hint: It Depends!)
taxes

Will College Students Get a Second Stimulus Check? (Hint: It Depends!)

College students were shut out of the first round of stimulus payments, but they're hoping for a better deal with a second stimulus check.
December 28, 2020
Who's Not Getting a Second Stimulus Check (Not Everyone is Eligible!)
Coronavirus and Your Money

Who's Not Getting a Second Stimulus Check (Not Everyone is Eligible!)

Not everyone is getting a second stimulus check. See if you're on the list of people who aren't eligible for a second-round payment.
December 28, 2020
6 Money-Smart Ways to Spend Your Second Stimulus Check
Coronavirus and Your Money

6 Money-Smart Ways to Spend Your Second Stimulus Check

If you don't have to use your second stimulus check for basic necessities, consider putting the money to work for you. You'll thank yourself later.
December 28, 2020