Stimulus

Biden’s proposed tax hikes could be a ‘double-edged sword’ for real estate — what homeowners and investors need to know

Two of Biden’s proposed tax changes could cause Americans to see reduced returns on certain property sales. As a follow-up to his $2.3 trillion infrastructure package, President Joe Biden has rolled out a $1.8 trillion plan to address other priorities including education and child care. To pay for the plan, the White Read more…

Finance

Millions might get a refund with the $10,200 unemployment tax break — but filing an amended return could unlock even more money

The IRS will automatically adjust returns for people who filed before the unemployment tax break became law, but taxpayers can also take action on their own. The Internal Revenue Service says it will automatically adjust tax returns and issue extra refunds for people who already filed their taxes before a valuable jobless Read more…

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