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Friday, May 14, 2021

The Daily Money: Tax Day cometh

In today's Daily Money newsletter, we have a special Tax Day Cometh edition with insights on the delayed deadline, tax refunds and mistakes to avoid. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, May 14

Good morning, Daily Money team, it's Nathan welcoming you to Friday!

Welcome to a special Tax Day Cometh edition of Daily Money. Taxes are due Monday, so we're doing you a solid here: You've got a full weekend to file! Here are nine mistakes to avoid.

What, you had plans for this weekend? I'd say Uncle Sam cares not about your calendar, but he already delayed the deadline by a month

On to our ... 

💡 INSIGHT OF THE DAY: The average American will pay $525,037 in taxes throughout the course of their life, according to financial technology company Self Financial, which analyzed data from the Bureau of Labor Statistics.

📰 More Tax Day stories you'll want to see:

1. Yes, the federal deadline was extended. But what about your state deadline?

2. Some people are waiting longer for tax refunds this year. Here's why they're delayed.

3. Many Americans need to file taxes on behalf of a deceased relative who died of COVID in 2020. Here's what you need to know if you're in that situation.

4. Did you work remotely during the pandemic? It may affect your taxes.

5. This was the average property tax bill in 2020. How does your compare?

And here are some of our other top stories today:

1. A Black homeowner had a white friend stand in for a third appraisal. Her home value doubled.

2. The Colonial Pipeline is back up and operational. But only after the company reportedly paid a $5 million ransom.

3. The restaurant industry is very white. Why are there so few people of color in the executive ranks?

Have a great weekend, all!

--@NathanBomey

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