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Why claiming tax write-offs on damages from storms like Laura could be tough

It's been a busy year for natural disasters and a catastrophic one for residents who have racked up losses. Be aware that writing off those damages on your tax return may be difficult. Here's why.

5 years ago

A permanent payroll tax cut could deplete Social Security trust funds by 2023

President Donald Trump has championed payroll tax cuts as a way to alleviate the economic suffering brought on by Covid-19. But while his payroll tax holiday is temporary, others worry it could become permanent. Now one estimate shows how a lasting change could deplete Social Security.

5 years ago

Can you be evicted during the pandemic? It depends on your ZIP code

In the absence of any sweeping national ban on evictions during the pandemic, many tenants will find themselves at the mercy of temporary and narrow local laws. That can be tricky.

5 years ago

KABN North America and Loop Insights Partner to Launch AI Driven Merchant and Consumer Rewards Programs, Secured by Biometrics and Blockchain

KABN Systems North America and Loop Insights.ai | Release | Aug 25, 2020 TORONTO, ON and VANCOUVER, BC / ACCESSWIRE / August 25, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) ("KABN NA" or "KABN North America"), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the

5 years ago

Ahead of Busiest Holiday Shopping Season on Record, Loop Launches First-Of-Its-Kind Line of Credit for Growing eCommerce Brands

Lending Loop | Thiago De Oliveira | Aug 25, 2020 Canadian fintech Lending Loop has launched an innovative line of credit offering after observing the rapidly changing landscape for small businesses. TORONTO, ON, Aug 25th, 2020 -- Lending Loop, Canada’s leading small business lending platform, today announced the creation of a new brand “Loop” (getloop.ca)

5 years ago

Should you still save for college during the Covid-19 pandemic?

A survey by Fidelity Investments finds most parents with children age 18 and under are staying the course with their college savings plans, including use of tax-advantaged state 529 plans. Some financial advisors agree 529 plans remain among the best choices for college savings although there are other options.

5 years ago

Joel Greenblatt on Tesla: 'I really can't explain it'

Greenblatt said Tesla is part of the 'froth' in the market.

5 years ago

5 crucial financial lessons for kids of all ages

With kids stuck at home thanks to coronavirus closures and virtual learning, there may never be a better time to teach your kids about money.

5 years ago

Cramer: 'Robinhood truly is take from the rich hedge funds' and give to Main Street investors

Wall Street should not deny the clout of investors on the popular platform, CNBC's Jim Cramer said Monday, contending that it's "something that none of us has ever seen."

5 years ago

Use these strategies to get that raise, even during the pandemic

Do your homework. Know the data. Make it easy for your manager. Then ask for that raise.

5 years ago

Many Americans invested their $1,200 stimulus checks. What the pros say you should know before you trade

Some Americans with more time and money on their hands amid the Covid-19 pandemic have turned to trading stocks. But making bets on where companies and the markets will go can lead to some tough lessons and money losses. Here's how experts say you can wade in safely.

5 years ago

Is your state offering the $300 weekly unemployment boost? This map will show you

About half of states have been approved for federal unemployment assistance, and many others have applied. Here's a map of where states stand.

5 years ago

Here's what you need to know about claiming Social Security retirement benefits

Deciding when to start receiving Social Security benefits in retirement is a high-stakes decision that has become more complicated amid Covid-19. Avoiding these blind spots can help ensure you're planning correctly and will make the right decision when the time comes.

5 years ago

You have a week to reverse this retirement withdrawal. It could cut your Medicare costs

If you haven't reversed your required minimum distribution for 2020, you have a week to get it done. A bonus: This move could save you on taxes and lower your Medicare premiums in 2022.

5 years ago

What you need to know about the payment pause for student loan borrowers

Most student loan borrowers won't have to resume making their payments until January 2021. Here's what you need to know.

5 years ago