Tag Archives: taxes.’

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 …

Joe Biden was projected Saturday to become the nation’s next president, according to the Associated Press, after campaigning on an ambitious domestic agenda he hopes will improve voters’ finances and invigorate an economy battered by the coronavirus pandemic. Tax hikes for the rich, broadened health care coverage and student loan …

Hi, MarketWatchers. Don’t miss these top stories: Personal Finance Thinking about moving to a state with lower taxes? These are the mistakes to avoid Some states are great to live in, but not so great to die in. 32 states have been approved to offer $ 300 extra in unemployment …

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 …

Refinancing can be a great money-saving move. But it can also impact your taxes both positively and negatively.  From a tax implication perspective, refinancing is viewed differently than an initial mortgage. Because it’s seen as “debt restructuring,” the deductions and credits that can be claimed with a refinance aren’t as …

Dear Moneyist, I was married and didn’t qualify for the $ 1,200 stimulus check based on my 2018 tax returns. I am now divorced and filed my 2019 tax returns separately. It seems that millions of stimulus payments have already gone out. Where is my stimulus check? Will I ever …

The era of coronavirus has already been hard on the American psyche, but the CEO of the world’s largest asset manager cautions that everyone should brace for even rougher days ahead, as the U.S. attempts to emerge from the worst public-health crisis in more than a century. BlackRock’s Chief Executive …

Dear Moneyist, In 2018, I made about $ 155,000 with my wife. In 2019, I got a promotion and our combined annual income was $ 198,000. I filed my taxes early as I am very responsible, and now I found out that, had I had not filed my 2019 taxes, …

MarketWatch photo illustration/Getty Images, iStockphoto Democratic candidates have varying approaches when it comes to tax policy. As the dust settles on Super Tuesday’s Democratic primaries, it’s becoming clear former Vice President Joe Biden and Senator Bernie Sanders are the front runners in a thinning race for the White House. Biden …