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Monday, May 11, 2020

The Daily Money:How to avoid COVID-19 tax woes

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Monday, May 11

Welcome to Monday, everyone. We hope you had a restful weekend. Here's our must-read financial news to help you get up to speed if you unplugged Saturday and Sunday. (No judgment!)

Let's start with taxes:

Stimulus payments, relaxed rules for tapping into retirement accounts, and other relief measures are helping to keep millions of Americans afloat financially. But they could bring tax surprises down the road. Here are some tax red flags to be aware of.  

The thought of a virtual summer is turning parents into unhappy campers. After months of supervising online schooling while juggling their own jobs, parents are now confronting the possibility of having to keep their children engaged online this summer if they can't send their kids to physical camps.

Want more money and tech news, keep scrolling down.

David Brinkerhoff, Deputy Money Editor

A stimulus check amid hundred-dollar bills and U.S. flags.
How to avoid tax woes from Coronavirus relief
From unemployment benefits to stimulus checks to withdrawals from retirement accounts, coronavirus relief measures could hit your taxes next year.
Parents are unhappy campers amid an uncertain summer
Alexia Tate and her son Desmond, 9, are pictured a
Tips on making ends meet while waiting for unemployment
Man on the phone, reviewing papers
Viral star 'double rainbow guy' dies at 57
Beachgoers admire a double rainbow that appeared o
How black bookstores are fighting to survive COVID-19
Blanche Richardson who runs Marcus Books in Oaklan
Are you drinking more? You're not alone
Keith Nothacker lives with his wife and son in Nor
The market is better than economy now. But why?
A chart showing the stock market going up
Will conferences remain virtual after COVID-19?
Keith Townsend
How Walter Reuther changed the union and the world
UAW leader Walter Reuther took a few minutes off f
Used car prices plunge, but deals may not last
Sales of all types of used vehicles collapsed in A
 
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