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Stimulus check update: When will ‘plus-up’ payments arrive? Answers to your COVID-19 relief questions Jessica Menton, USA TODAY Replay Video UP NEXT For those last-minute tax filers who were rushing to get their returns done, there’s good news: you’ve been given a one-month reprieve. Tax Day 2021 has been pushed back to May 17 from April 15 without penalties and interest, giving Americans more time to file their federal returns as the IRS implements sweeping tax code...

The IRS is sending stimulus checks on a weekly basis now. Some Americans are eligible for "plus-up" payments from the agency, which will correct any changes to money that they are owed based on their 2020 tax returns. Many people are rushing to get their returns done so they can qualify for the latest stimulus aid, and they have questions like: Is it best to file now? Can I still file my return to qualify for a third stimulus check? When will I get a "plus-up" payment?  Taxpayers are also gra...

The Tax Headaches of Working Remotely “Each state has its own rules,” one tax expert says. So if you worked in a state other than your usual one in 2020, here are some tips on dealing with the tax season. Credit...Party of One Studio March 12, 2021 Last year, Ariele Doolittle, a tax lawyer, got a call from a client who lived and worked in New York but was considering working remotely from California temporarily after his offices were shuttered in the pandemic. Not a good idea, Ms. Doolittl...

5 Sneaky Things COVID-19 Might Do to Your Tax Bill Let’s start with your work-from-home setup.   Updated Mar. 10 Staying home for months on end has taken a toll on everyone, but it can also take a toll on your tax return. Here are five unexpected ways the pandemic could affect your taxes — and what tax pros say you can do about it. 1. Home office headaches You may already know that living or working in another state could mean having to file more than one state tax return, but work...

AP Photo/Patrick Sison, File It’s the time of year to start thinking about taxes — but the upcoming filing season is going to be a bit trickier for many Americans due to rampant unemployment, working from home and general upheaval due to COVID-19. Here are a few pandemic specific conditions — good and bad — to be aware of. UNEMPLOYMENT Unemployment benefits are taxable income, which tax experts say may surprise some filers. Workers are not required to have federal taxes withheld from th...

Claim a recovery rebate credit if you missed out on a full stimulus payment CNBC 7/01/2021 Darla Mercado, CFP® The IRS authorized two stimulus payments: A $1,200 payment last spring and a second round of $600 that began going out on Dec. 29, 2020. Not all households received the full amount they were entitled to. This could be due to several factors, including the taxman basing the payment on a tax year with higher income. If you didn’t get what you’re owed, you’ll need...

It’s the time of year to start thinking about taxes. What's ahead and what can be done now to manage.