In most years, only a few key dates stand out for income-tax planning, and most of them are familiar to taxpayers. COVID-19 has changed that in 2020.
Author: Russ Wiles, Arizona Republic
Tax tips on credits, deductions, rates, inheritance: ‘Most Americans lack a basic understanding’
Americans pay various types of taxes and discuss taxes in routine conversations. But how many people really know what basic terms and concepts mean?
Beyond job losses, Americans face many types of coronavirus financial fallout. The impact will linger
Some Americans will see an erosion in their credit scores, affecting their ability to borrow, while others could fall behind in retirement preparation.
Good, not necessarily perfect, financial plans and behaviors still can get the job done
With money decisions, it’s easy to get thwarted by inaction. How do you handle uncertainty? Here are some investment examples to consider.
This recession has exposed key myths, misconceptions about the economy. Here’s how
The economic downturn since the coronavirus pandemic has been odd in so many ways. Why shouldn’t it expose some economic myths and misconceptions?
Big IRS backlog: Months after filing their taxes, some still wait for a refund
As of April 17, the original filing deadline, the IRS had processed 24 million fewer returns than it had last year, the Taxpayer Advocate Service said
Negative interest rates: What they are, how they work and whether they are coming to the U.S.
Negative interest rates, in the unlikely event that they become pervasive, would drastically alter the playing field for savers as well as borrowers.
What to know about your taxes if you’re getting coronavirus relief from unemployment
From unemployment benefits to stimulus checks to withdrawals from retirement accounts, coronavirus relief measures could hit your taxes next year.
Trying to make sense of the stock market? It might be best to ignore earnings, for now
Given the coronavirus pandemic and resulting economic fallout, it might be wise to focus on a company’s stability rather than its stock.
What the federal coronavirus relief bill means for mortgages, credit and 401(k) loans
The CARES Act included provisions that will help with mortgage payments, credit scores and changes for 401(k) loans, if your company agrees