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Wednesday, 24 February 2021

The Daily Money: Why remote work could affect your taxes

Today's top stories from USA TODAY Money & Tech. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, February 24

Good morning, Daily Money subscribers, it's Nathan Bomey once again. I have to say, my heart briefly stopped when I heard the news of Tiger Woods' car crash. How devastating. Here's hoping for a swift recovery. On to our ... 

INSIGHT OF THE DAY: Have you been working remotely during the pandemic in a different state than where your office is located? Your tax bill could look different. Check out the details in Susan Tompor's report.

On to the news ...

1. What car was Tiger Woods driving when he rolled over on a road in the Los Angeles area? It was a Genesis GV80. Here's my report on the GV80, which is the Hyundai luxury brand's first SUV and has 10 airbags and advanced safety features.

2. Behind on your retirement planning? Don't fret. Here are some tips on what to do.

3. How would you like to be the chief financial officer at GameStop? Now's your chance. The current CFO is leaving abruptly with no replacement after the recent trading frenzy, Josh Rivera reports.

4. How is your local Macy's hanging in there? It's been a tough run for department stores, and now Macy's is closing more locations, Kelly Tyko reports.

5. Why are Postal Service workers still driving those aging delivery trucks? Looks like the USPS has been asking itself that question. The agency will replace its entire fleet of vehicles, including many with electric trucks, Terry Collins reports.

6. Is the minivan on its way out? Or is it just that people don't want to admit they're driving a minivan? Kia announced yesterday that it's discontinuing the Kia Sedona minivan and replacing it with the Kia Carnival "multi-purpose vehicle," which looks a lot like ... a minivan.

More below!

--Nathan Bomey, Money reporter

Some people are filing taxes early in 2021 in order to claim as much stimulus cash upfront, if a third stimulus payment is issued. Tax business window in Marine City, Michigan.
How working remotely during COVID-19 may affect your taxes
Most people polled by the American Institute of CPAs did not know that working remotely in other states could make taxes more complicated now.
These are the safest new vehicles of 2021
The 2021 Hyundai Palisade is one of 17 vehicles th
What car was Tiger Woods driving in accident?
The 2021 Genesis GV80 is seen here in this photo p
5 growth stocks billionaires can't stop buying
A person writing and circling the word buy underne
GameStop CFO resigns a month after trading frenzy
FILE - Pedestrians pass a GameStop store on 14th S
Check out the upcoming USPS trucks
The U.S. Postal Service has awarded a 10-year cont
Are we in another stock market bubble?
A person using a pin to pop a bubble with a dollar
Powell: Economy has 'long way' to go despite recent...
Jerome Powell has issued a surprise statement that
Say goodbye to this Kia minivan
The 2022 Kia Carnival.
Fry's Electronics going out of business after 36 years
In this Oct. 21, 2009 file photo, a small crowd be
 
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Tuesday, 23 February 2021

The Daily Money: Might be good to file your taxes right away

Today's top stories from USA TODAY Money & Tech. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Tuesday, February 23

Good Tuesday to you, Daily Money subscribers, it's your not-so-fearless leader Nathan Bomey with your ...

INSIGHT OF THE DAY: Did your income go down in 2020? You may want to file your tax return right away. Why? Because Congress is currently debating income limits for a potential third stimulus check. If you were above the threshold for a check based on your 2019 income, you could be below it based on your 2020 income. Don't miss the details in Susan Tompor's story here.

Now for the news ...

1. Yes, COVID damage is lingering. But the economy appears poised to take off this year, our Paul @davidson reports.

2. Should Jeep ditch the Cherokee name from its SUVs? The chief of the Cherokee Nation says the nameplate does "not honor us."

3. Retiring soon? Here are three strategies to keep in mind.

4. Ready for a luxury ride? Mercedes-Benz just revealed a redesigned C-Class sedan.

5. Should you delay Social Security? Maybe. Here are three things you can't afford to get wrong about your benefits.

More below!

--Nathan Bomey, Money reporter

The widespread economic reports have shown mixed signals about the recovery, but a fresh look at retail sales came in much stronger than expected.
In a dramatic shift, the economy is now vibrant
Government stimulus, falling COVID-19 cases and the vaccine rollout are spurring economic growth and heralding bigger gains later this year.
Jeep Cherokee, Jeep Grand Cherokee 'do not honor us,'...
The all-new 2021 Jeep Grand Cherokee L Overland.
Timing of tax return could affect your stimulus payment
A hand holding a small American flag and a stimulu
How cinephiles will remember video rental stores
Family Video manager Cameron Redshaw gathers DVDs
Mercedes redesigns car for first time in 7 years
The 2022 Mercedes-Benz C-Class sedan.
3 things you can't afford to get wrong about Social...
Social security
Retiring soon? 3 investing moves to make
Older man and woman at laptop, smiling
How do I handle an inappropriate social media post?...
Laptop user with social media icons floating aroun
Try these tax tools to ease the pain of filing taxes
Working from home, woman fills out out tax form.
3 ways to juice driver demand for electric cars
OPINION
A Tesla electric car charging on July 7, 2017, in
 
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