Dear Liz: My grandson’s wife, 22, was killed in a motor vehicle accident just after her birthday. My grandson, 26, was left with a 2-year-old and 9-month-old. Due to COVID-19, he was staying home with the children, and she was working at a fast-food restaurant. We thought there would be Social Security survivor benefits, but […]
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Friday’s need-to-know money news
Today’s top story: How to finally tackle tough money tasks. Also in the news: It’s now easier than ever for your boss to pay your student loans, 6 Black financial pros to follow in 2021, and 3 budgets apps for couples who want to align on money. How to Finally Tackle Tough Money Tasks Completing […]
Thursday’s need-to-know money news
Today’s top story: What gig workers need to know about taxes. Also in the news: 5 credit card red flags to avoid, why financial advisors of color matter, and how to prevent stolen tax returns. What Gig Workers Need to Know About Taxes Protect yourself from tax surprises. 5 Credit Card Red Flags to Avoid […]
Wednesday’s need-to-know money news
Today’s top story: The pros and cons of debt consolidation. Also in the news: The basics of travel cancellation refunds and vouchers, cheaper ways to access your credit line, and 5 considerations before becoming a digital nomad. The Pros and Cons of Debt Consolidation Consolidating may be a good idea if you can qualify for […]
What gig workers need to know about taxes
If you became a gig worker during the pandemic, beware: Your taxes just got more complicated. Gig work — Uber driving, Instacart shopping, Amazon Flex delivery and so on — is on-demand, freelance work that’s typically taxed as self-employment. Instead of having an employer withhold money from your paycheck, you’re an independent contractor who is […]
Tuesday’s need-to-know money news
Today’s top story: How to get your savings resolution back on track. Also in the news: Where to look if your small business can’t get a PPP loan, breaking down the tax implications of PPP loans, and when you might get your $1,400 relief check. Broke Your Savings Resolution? How to Get Back on Track […]