Fabio Camandona | iStock | Getty Images For Covid-vaccinated individuals in the 65-and-over crowd, hitting the road (or sky) may become more alluring than it’s been in nearly a year. Be sure to consider whether your Medicare plan will travel with you. While coverage when you’re away from home depends partly on your destination, it
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Avishek Das | LightRocket | Getty Images Got bitcoin or other crypto? It could come back to bite you if you don’t let the IRS know about it. Regardless of how you interacted with any cryptocurrencies last year, you’re expected to include the information on your 2020 tax return. And for those who had income
Kathy Kraninger, former president Donald Trump’s appointee to head the Consumer Financial Protection Bureau. Andrew Harrer/Bloomberg via Getty Images “Big deal” Both are a type of qualified mortgage, a category that carries legal protections for lenders from consumer lawsuits. That may happen, for example, if borrowers can’t make monthly payments and lose their homes to
martin-dm | E+ | Getty Images The amount of money raised by special purpose acquisition companies in the past year has soared. SPACs are an alternative way for companies to go public that differs from a traditional initial public offering in its process, speed, disclosure and regulatory requirements. Key participants involved in SPACs include SPAC sponsors
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin‘s roller-coaster ride has continued, flashing a warning sign for curious investors who may be interested in putting money in the highly
Al Drago | Getty Images News | Getty Images The measure, the American Rescue Plan Act of 2021, would pay unemployed workers an extra $400 a week through Aug. 29. Those additional relief payments would raise federal spending by about $163 billion through 2022, according to a cost estimate the Congressional Budget Office issued last
A child attends an online class at a learning hub inside the Crenshaw Family YMCA during the Covid-19 pandemic on February 17, 2021 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images It’s almost one year into the coronavirus pandemic and students are still suffering, especially Blacks and Hispanics. Many schools around
President Donald Trump speaks to supporters at Joint Base Andrews before boarding Air Force One for his last time as President on Jan. 20, 2021 in Joint Base Andrews, Maryland. Pete Marovich | Pool | Getty Images Former President Donald Trump’s tax returns are back in the news. The Supreme Court rejected Trump’s efforts to
The smallest businesses that have had the most trouble accessing forgivable loans from the Paycheck Protection Program will soon get extra help. The Biden administration on Monday announced changes for the pandemic aid program focused on helping small and minority owned firms as well as sole proprietors. For two weeks, starting Wednesday, the Small Business
Tetra Images | Tetra images | Getty Images A few years ago, I had a client tell me he invested in a fancy bowling alley — the new party hot spot in town. It’s since shut down. Another client shared that he joined the board of a start-up and they’re looking to raise capital. He