Author: Susan Tompor, Detroit Free Press

Unemployment benefits will be treated as fully taxable income when you file your federal income tax returns. Many states also tax jobless benefits.

Many consumers expressed frustration over IRS tool and delivery of stimulus payments on Tuesday. IRS gives some answers.

Some taxpayers discover they might have to wait for a check in the mail or to file their 2020 returns before second stimulus mess is resolved.

Those who closed bank accounts might have trouble getting second stimulus checks quickly. But a glitch could be fixed by filing a 2020 tax return.

Some consumers may be shocked to receive Visa debit cards with stimulus cash in January. Don’t throw the cards out, plus more Stimulus 2.0 tips.

Lisa Cook, economics professor at MSU who also is serving on President-elect Joe Biden’s transition team, says impacts will be long lasting.

Amazon Prime scam

The U.S. Economic Outlook, released Thursday by University of Michigan economists, calls for real gross domestic product to rise by 4.2% in 2021.

Did you just get a second chance to refinance in 2020? The 30-year mortgage just fell to another record low, hitting 2.78%, according to Freddie Mac.