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Good morning, Daily Money crew, and happy Earth Day to you. 🌎 It's Nathan Bomey with the roundup! |
📖 Congratulations to my USA TODAY colleague Susan Page on this week's publication of her new book, "Madam Speaker: Nancy Pelosi and the Lessons of Power"! Susan writes in this op-ed about whether 2020 changed the speaker of the House. |
On to our ... |
💡 INSIGHT OF THE DAY: Business meals at a restaurant are now completely tax-deductible for the next two years, according to Paul Axberg, president of Axberg Wealth Management, an Arizona-based tax, financial and retirement planning firm. |
"This was the result of the Consolidated Appropriations Act, 2021 which directed the IRS to increase the tax deduction from 50% to 100% of the cost of drinks and food at restaurants to help aid the recovery," Axberg tells Daily Money exclusively. |
📰 Here are our top stories: |
1. If you paid taxes on your 2020 unemployment benefits, you may be due for a refund. But it may not come automatically, meaning you might have to take action. Jessica Menton has the details. |
2. Filing a tax return on behalf of a deceased family member is never joyous. This year, hundreds of thousands of Americans are doing so for someone who died from COVID-19 in 2020. |
3. Cruise ships are moving out of the U.S. due to CDC restrictions. Will they return? |
4. During the pandemic, states suspended the requirement for jobless Americans to look for work to qualify for unemployment benefits. That's starting to end. |
5. Facebook claimed it would eliminate false posts about George Floyd. But a new report shows that it hasn't. |
6. Considering joining the stock market? Here's how a 401(k) can help you break into investing. |
7. "Metallic mesh" doesn't sound good: Church & Dwight has recalled select gummy vitamins. |
--@NathanBomey |
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