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April 13, 2021

Personal taxes

IRS will start sending tax refunds on up to $10,200 in unemployment insurance in May. Here’s who qualifies

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CNBC – For more and to sign up click here Americans who collected unemployment insurance in 2020 and filed their taxes before claiming a new tax break on the benefits can expect to receive an automatic refund in May, the IRS announced this week. The agency announced last month that......

The IRS can adjust any stimulus check money you’re owed when you file your 2020 tax return. Here’s why

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CNBC – For more and to sign up click here This year’s tax season has brought with it a new opportunity to collect any unpaid funds from previous rounds of federal stimulus checks. But the amount you claim could be adjusted by the IRS, the agency said on Monday. A......

Americans have until May 17 to contribute to 2020 to their IRAs or health savings accounts

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CNBC – For more and to sign up click here Steven Heap/EyeEm/Getty Images The deadline to contribute to individual retirement accounts and health savings accounts is May 17, the same day that individual federal income tax returns are due, the IRS said Monday. The announcement comes after the agency postponed......

Biden has promised not to raise taxes on people earning less than $400,000. What changes he could push for instead

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CNBC – For more and to sign up click here US President Joe Biden speaks on the anniversary of the start of the Covid-19 pandemic, in the East Room of the White House in Washington, DC on March 11, 2021. Mandel Ngan | AFP | Getty Images With the latest......

Congress is moving ahead with $1,400 stimulus checks. Here’s how soon the money could arrive

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CNBC – For more and to sign up click here New $1,400 stimulus checks could be on the way to millions of Americans now that the House of Representatives has passed the latest coronavirus relief bill. The fate of those payments now rests in the hands of the Senate, which......

New $1,400 stimulus checks could be coming. What we know about how soon they may arrive

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CNBC – For more and to sign up click here Hill Street Studios | DigitalVision | Getty Images As Congress works to hammer out a deal for a new coronavirus relief bill, that could mean new stimulus checks for millions of Americans. New $1,400 direct payments are among the aid......

As House Democrats push for $1,400 stimulus checks, deciding who qualifies could change

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CNBC – For more and to sign up click here 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......

IRS says there are no plans to extend tax-filing deadline beyond April 15

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CNBC – For more and to sign up click here 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......

New child tax credit proposals could give families more money than the $1,400 stimulus checks

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CNBC – For more and to sign up click here 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......

$1,400 stimulus checks: What we know about who could qualify based on House Democrats’ latest plan

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CNBC – For more and to sign up click here 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......

Biden says next stimulus checks will be $1,400. How they could be targeted

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CNBC – For more and to sign up click here 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......

How this child tax credit proposal could give some families monthly $300 checks

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CNBC – For more and to sign up click here 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......

Biden has promised to reform Social Security — some changes could come as soon as this year

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CNBC – For more and to sign up click here U.S. President Joe Biden speaks about his administration’s plans to fight the coronavirus disease (COVID-19) pandemic during a COVID-19 response event at the White House in Washington, January 21, 2021. Jonathan Ernst | Reuters Newly elected President Joe Biden has......

Biden wants to increase stimulus checks to $2,000. Here’s what we know about those payments

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CNBC – For more and to sign up click here U.S. President-elect Joe Biden at a drive-in rally in Atlanta on Jan. 4, 2021. Jonathan Ernst | Reuters The push for $2,000 stimulus checks just got stronger. President-elect Joe Biden unveiled his stimulus plan in a speech on Thursday night......

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