When Americans started filing taxes last year, unemployment was at a 50-year low, the coronavirus pandemic’s official start was two months away and some of the earliest tax filers were powered by a sense of hyper-punctuality. This year’s tax season will start against a very different backdrop. Approximately 18 million …
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Millions of Americans have lost their job during the COVID-19 outbreak and are relying on unemployment benefits as they pay their bills and re-start their career. That’s a serious challenge they face right now. Without some planning, they could also face a future problem — an unanticipated, unbudgeted tax bill …
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More than 130 million stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $ 2.2 trillion CARES Act, but furloughed and laid-off workers say a maximum $ 1,200 payment is not nearly enough to see them through what could be an …
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