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tax credits

This week’s money news

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This week’s top story: Smart Money podcast on how to leverage inflation for your benefit. In other news: Justice department sues to block JetBlue, Spirit merger, 3 tax credits not to miss when you file this year, and 3 ways to get your income and other money faster.

Smart Money Podcast: How to Leverage Inflation for Your Benefit
In this week’s episode, we’re sharing NerdWallet’s recent webinar, which was about inflation.

Justice Department Sues to Block JetBlue, Spirit Merger
On Tuesday, the Justice Department sued to block JetBlue Airways from taking over Spirit Airlines in a $3.8 billion deal.

Don’t Miss These 3 Tax Credits When You File This Year
Credits are a more powerful tax-saving tool than deductions, and common programs, such as the earned income tax credit, can save you thousands.

3 Ways to Get Your Income and Other Money Faster
To get money faster, use early direct deposit, Zelle or instant cash-out on Venmo or Cash App. But availability varies.

Thursday’s need-to-know money news

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Today’s top story: The tax credit fix many can’t afford to miss. Also in the news: Being the first in the family to invest, how to right your retirement savings after coronavirus setbacks, and why your credit karma score seems to high.

The Tax Credit Fix Many Can’t Afford to Miss
Working families could miss out on the refundable tax credits they need to make ends meet.

First in the Family to Invest: How I Saved Almost $700K
Frugality and a commitment to invest at least 20% of his earnings have paid off for this Missouri man.

How to Right Your Retirement Savings After Coronavirus Setbacks
For investors whose retirement savings have been disrupted by the pandemic, there’s a path to replenishment in 2021 and beyond.

Why Your Credit Karma Score Seems Too High
Not all scores are the same.

The tax credit fix many can’t afford to miss

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Families battered by the pandemic recession soon may discover that the tax refunds they’re counting on are dramatically smaller — or that they actually owe income tax. Congress offered a partial solution, but the fix hasn’t been widely publicized, consumer advocates say.

Refunds are crucial to many lower- and moderate-income households, which use the money to catch up on bills and medical treatments, pay down debt and boost savings.

But the unemployment insurance that kept many people afloat last year may cause problems at tax time this year. In my latest for the Associated Press, how a tax credit fix could lessen the blow of unemployment benefits taxes.

Wednesday’s need-to-know money news

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Today’s top story: 3 money tasks you need to do right now. Also in the news: NerdWallet’s 2019 Best Banks, how one couple ditched holiday debt, and all the tax credits you can take for 2018.

3 Money Tasks You Need to Do Right Now
Make your life much easier.

NerdWallet’s 2019 Best-of Awards: The Best Banks
Check out the winners.

How I Ditched Debt: Holiday Bills Break a Couple’s Budget
Recovering from the holidays.

All the Tax Credits You Can Take for 2018
Start making a list.

Tuesday’s need-to-know money news

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Today’s top story: How bad credit can increase your car costs. Also in the news: Owning Bitcoin creates a complex tax situation, 13 last-ditch ways to avoid the poorhouse in retirement, and the top 7 tax deductions and credits people forget.

Good Driver, Bad Credit: What Makes Your Car Costs So High
It’s not just the monthly payment.

Owning Bitcoin Creates a Complex Tax Situation
Taxing cryptocurrency.

13 Last-Ditch Ways to Avoid the Poorhouse in Retirement
Before it’s too late.

Top 7 Tax Deductions And Credits That People Forget
Leave no deduction behind.