The Inn of Rosslyn, which is permanently closed due to pressure from the Covid-19 pandemic, on February 5, 2021 in Arlington, Virginia. Liu Jie / Xinhua via Getty Images ‘Amazing’ In total, …
Read More »Some Unemployed Workers May Need Amended Tax Return, Says IRS
$ 10,200 unemployment tax exemption The American Rescue Plan exempted from federal taxes up to $ 10,200 of unemployment benefits, per person, received in 2020. However, President Joe Biden signed the $ …
Read More »Vice President Kamala Harris Lists in Washington, DC
Since her inauguration, Vice President Kamala Harris has been living in the Blair House, across the street from the White House, while the United States Naval Observatory, the vice president’s traditional home, …
Read More »Consumer Protection Group Proposes Rule to Prevent Foreclosures Until 2022
The Consumer Financial Protection Bureau proposed a rule Monday to prevent a wave of foreclosures this fall, when certain Covid-era protections for homeowners will expire. The proposal, which would need final approval, …
Read More »Homeowners on Covid Forbearance Could Get a Foreclosure Pardon
Millions of Americans took advantage of the default and mortgage forbearance programs put in place by lenders and the federal government due to the Covid-19 pandemic last year. But as these emergency …
Read More »At what age should you stop saving for retirement?
It is that time of year. My accountant sent my husband and me a note yesterday asking us how much we planned to contribute to our retirement accounts for 2020. Obviously, that …
Read More »Subprime auto borrowers are increasingly lagging behind
Photo: fake images (fake images) The pandemic, if anything, has seen the divide between rich and poor grow more and more, and no only the super rich, with the world of auto …
Read More »Deepak Chopra warns of disaster unless people address their well-being
People should pay attention to their overall wellness, and if they don’t, the consequences could be dire, according to wellness expert and best-selling author Deepak Chopra. Total wellness encompasses purpose, or career, …
Read More »The IRS wants to know everything about your Bitcoin holdings, and this subpoena is a reminder
The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …
Read More »Citi Hires FinCEN’s Blanco as Chief Financial Crimes Compliance Officer
Photographer: Alan Diaz / AP Photo Photographer: Alan Diaz / AP Photo Citigroup Inc. hired Ken Blanco, director of the Financial Crimes Enforcement Network, as its chief compliance officer for its newly …
Read More »