The especially stressful tax season ahead – Marketplace

The especially stressful tax season ahead – Marketplace

As we speak is the delayed begin of the tax-filing season, and it’s prone to be an particularly hectic one for IRS staff and filers alike. Processing two rounds of COVID-19 reduction has put a pressure on the already short-staffed tax company. And loads of filers may not understand they must pay taxes on unemployment advantages. On at the moment’s present: the best way to handle the loopy tax season forward. Plus, Maryland is ready to turn into the primary state to tax digital…

Small businesses are figuring out the year ahead – Marketplace

Small businesses are figuring out the year ahead – Marketplace

As we enter the second calendar 12 months of COVID-19 life, small companies are taking inventory and adjusting their pandemic plans. The financial disaster introduced on by the pandemic has shuttered greater than 160,000 small companies. And a December survey discovered that 1 in 4 small enterprise homeowners might need to shut completely within the subsequent six months if financial circumstances don’t enhance. On at this time’s present: How the pandemic has altered small enterprise homeowners’ plans — and lives. Plus, well being care…

Even with more aid, there’s a long economic road ahead – Marketplace

Even with more aid, there’s a long economic road ahead – Marketplace

Congress is reportedly nearing a deal on the second spherical of COVID-19 reduction, eight months after the primary and solely pandemic-aid package deal. However even with almost a trillion {dollars} in support, we’re a protracted, sluggish financial restoration forward. On at this time’s present: If we make the identical errors we did after the Nice Recession, we’re in for companies shuttering, excessive and long-term unemployment, and low-income Individuals in dire straits. Plus, folks received’t be donning sequined attire this vacation season, and what Dippin’…