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Friday 5 March 2021

The Daily Money: 9 costly tax mistakes to avoid

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usatoday.com

The Daily Money
 
Friday, March 5

It's finally Friday, Daily Money subscribers. It's Brett Molina back in your inbox with another round of Money and Tech headlines.

But first our ... 

INSIGHT OF THE DAY: If you were financially impacted by the pandemic, you might be eligible for a tax break. Some filers can get a break for the Earned Income Tax Credit, for low to moderate income working individuals and couples. There are other mistakes you could make on those tax returns if you're not careful. But don't sweat it, finance reporter Jessica Menton has you covered.

As for the rest of the news ...

1. Hiring has started to rebound. With more Americans getting vaccinated as cases of COVID-19 dropping, the economy is adding more jobs.

2. A new Social Security scam? This one features people impersonating agency employees by sending images of fake badges.

3. Keep a close eye on that credit report. Complaints about errors are on the rise. Here's how to fix your report if you spot a mistake.

4. Ditch the penny stocks. Instead, consider these three investments.

5. Chipotle is launching a line of cosmetics. No, I did not make this up.

Thanks for subscribing, and have a great weekend!

Brett Molina, Money/Tech editor

Working from home, woman fills out out tax form.
9 costly tax mistakes to avoid
Tempted to get your tax returns over with? Be careful not to make sloppy mistakes. You could wind up missing out on a larger refund, or face an audit.
Economy adds 379,000 jobs in February as pandemic eases
"Now Hiring" sign on Feb. 6, 2021, in Schaumburg,
More credit reports show mistakes during COVID-19. ...
A credit report with a credit score of 520 in big
Traffic deaths rose in 2020 even as Americans drove...
Even though traffic is now getting close to pre-co
Latest Social Security scam? Crooks text photos of...
The word SCAM spelled out on wooden blocks.
Don't waste your money on penny stocks, these 3 stocks...
A giant boxing glove fighting a much smaller boxer
Chipotle is launching a makeup collection with e.l.f.
The Chipotle Eyeshadow Palette available for $16.
Mask scofflaw sues over GoFundMe for Starbucks barista
Starbucks barista crafting customer drink.
Kroger ups average pay to $15.50 per hour; digital...
Kroger's Downtown headquarters in Cincinnati.
These moms quit work during COVID-19. How are they now?
Leslie Chiaramonte gets a kiss from her daughter P
 
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