Dear Liz: You might want to inform your readers that they do not need to file an amended return if they filed before Congress passed its most recent stimulus plan, which excludes the first $10,200 of unemployment benefits. The IRS will automatically recalculate their taxes and refund the taxes paid on that amount of benefits. […]
Recent Blog Posts
Thursday’s need-to-know money news
Today’s top story: The high price of money shame. Also in the news: Will travel costs change as more vaccines roll out, how to tell if your credit card is worth the annual fee and snags hit free COBRA health insurance for the unemployed. The High Price of Money Shame Simply naming the emotions you […]
Wednesday’s need-to-know money news
Today’s top story: How to budget for a new home so you don’t end up house poor. Also in the news: Why (and how) to renew your passport now, even if you’re not traveling soon, once-rare cell phone protection is now a common credit card perk, and should you plan for $50,000 in student loan […]
The high price of money shame
The U.S. suicide rate has risen dramatically in recent years, and certified money coach Tammy Lally of Washington, D.C., is convinced money shame is a contributing factor. Lally’s brother died by suicide in 2007 after receiving a foreclosure notice. Shortly afterward, Lally’s mortgage business collapsed in the Great Recession. She says she went from driving […]
Tuesday’s need-to-know money news
Today’s top story: Will travel costs change as vaccines roll out? Also in the news: How to pick the right credit card for a major purchase, why your dog needs liability insurance even if they’re perfect, and how to save money by knowing your credit card’s closing date. Will Travel Costs Change as Vaccines Roll […]
Monday’s need-to-know money news
Today’s top story: Prepare for COVID medical bills this year. Also in the news: A new episode of the Smart Money podcast on pandemic savings goals and inheritance taxes, how to save on supplies as kids go back to school, and why your dog needs liability insurance. Prepare for COVID Medical Bills This Year Find […]