FBI, states warn Americans that phone calls, texts or emails asking for personal or financial information to get $1,200 federal payment are not legit.
Author: Susan Tompor, Detroit Free Press
Why you shouldn’t check your 401(k) during the coronavirus pandemic
Everyday investors could have lost 30% or more during the cornavirus crash depending on how they’ve invested. It’s hard to look at the numbers.
As coronavirus outbreak spreads, banks and credit unions could cut breaks on payments
Regulators encourage banks to work with borrowers who may be hit by coronavirus or virus-related job losses. PNC, Citi sent alerts.
Upset you owe too much in taxes? Here’s how to fix that
The W-4 form enables employers to withhold the correct federal income tax from paychecks. A new form can reflect multiple jobs and other factors.
4 reasons your tax refund won’t reach your bank account
You know you owe somebody money. But you might be shocked that your tax refund is smaller, thanks to delinquent student loans or other bills.
Tax scams try new tricks to steal refunds
The Internal Revenue Service reported on Feb. 14 that nearly two dozen tax practitioner firms have reported ID and data thefts so far this year.
How banks are motivating customers to save up for big purchases
New savings tools like Ally Bank’s Buckets give savers motivation and a way to put cash away for goals, such as buying an engagement ring.
Free File tax program goes unused by millions of Americans: Here’s how to know if you qualify
A new audit blames ‘complexity, confusion and lack of taxpayer awareness’ for poor participation in free file tax program.
Nervous about the size of your tax refund? You’re not alone
Big tax refunds give many consumers a way to feel flush when they don’t typically have a lot of slack in their budgets.
Wait, did your tax preparer just take a cut of your refund? Here’s how to stay safe
Unscrupulous tax preparers may target senior centers, religious communities and others to build trust. But bad preparers are out to make a fast buck.