Stimulus bill

The focus is supposed to be on the wealthy and corporations, since they're the ones who account for the majority of tax misconduct, but what does that mean exactly?

Having had higher income in previous years may prevent a taxpayer from receiving a stimulus payment now, writes Jeffrey Levine.

Investors are pouring money into U.S. listed products as stocks continue to reach all-time highs and the economic recovery heats up.

It could all add up to a Goldilocks moment, where growth is fast and sustained while inflation ticks up gently, he wrote to shareholders in his annual letter.

The majority of the latest payments went to Social Security recipients and beneficiaries.

Given the current nest egg shortfall in America, and that $1.7 trillion may not move the needle, Bloomberg’s Nir Kaissar says the message to save is key.

Yet another IRS change to tax rules amid the COVID pandemic is complicating tax-planning opportunities for financial advisors this filing season.

More than a third of Americans plan to save a significant amount if they receive the payment, a survey found.

“Even the easy returns are not simple right now,” a CPA says.

It’s not just $1,400 checks. Here’s what advisors need to know about other financial perks in the massive stimulus package.

The legislation would rival the $2 trillion March 2020 CARES Act in size and scope and follow a $900 billion December relief package.

A powerful financial boost in the new pandemic bill combined with tax rules may result in a stimulus check windfall for some young adults.

The impact of lockstep moves in bonds and stocks can be seen in sophisticated portfolio strategies such as risk parity, experts say.

The agency’s commissioner is upbeat, but tax preparers and financial planners worry that this year could be especially chaotic due to the COVID pandemic.

The proposal includes a wave of new spending, including more direct payments to households and an expansion of jobless benefits.

A critical PPP deduction, tax extenders, business meal deductions and more are among the critical points.