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The April 17 tax filing deadline is less than a month away, so if you haven't submitted your return, it's time to get moving.But that's no reason to rush through it.Whether you decide to go it alone or hire a tax preparer to help, make sure you avoid these costly mistakes.1. Making careless errorsBlame it on fat fingers, deadline pressure or plain carelessness, technical errors like the wrong Social Security number, name misspellings or a simple math error can cause problems and delays with your return.Tax software programs can flag errors like this, but every filer should still pay close close attention when reviewing their returns before sending them in, particularly pen-and-paper filers.2. Using the wrong filing statusThere are five filing options: single, married filing jointly, married filing separately, head of household and qualifying widow/widower with dependent child.Choosing the right status is important as it affects how much you pay in taxes. For instance, filing as head of household provides more benefits than married filing separately, explained Mark Steber, chief tax officer of Jackson Hewitt Tax Services.3. Forgetting to report incomeUncle Sam needs to know about all your sources of income last year: your salary, side-hustle cash, retirement withdrawals and gambling winnings. All of it.So don't leave anything out. If you get caught with unclaimed income, you could get hit with major penalties.4. Hiring a pro when you can DIYSome people have very complicated tax situations where an expert needs to be brought in. But many Americans have simple filings that might not require professional assistance, the experts said.If you have an adjusted gross income of ,000 or less, check if you can file your federal taxes for free using the IRS's Free File software options.5. Not taking all eligible deductionsDon't leave money on the table or pay more in taxes than you have to.Take the time to figure out which credits and deductions you're eligible for to reduce your tax liability and get as much back as possible. The IRS isn't going to tell you if you missed a valuable credit you could have claimed, said Steber.The Earned Income Tax Credit, for example, is commonly overlooked, with about one in five eligible taxpayers missing out on it, according to H&R Block. It's a sizeable credit with an average amount of more than ,400.6. Being disorganizedTax forms tend start rolling in at the start of the year that detail your sources of income.Some forms will come in the mail, while others can be retrieved electronically. Just be sure to collect them all before you file.Lisa Greene-Lewis, a CPA and tax expert from Turbo Tax, suggested keeping a folder by your mail so you can instantly drop the paperwork in and keep everything in one place.It's also helpful to keep an updated log throughout the year for things like mileage and charitable donations that you plan to claim on your return.7. ProcrastinatingTax season comes every year, there's no escaping it.While the actual deadline may vary (read why here), you know you have to send in your taxes every April. Yet many Americans scramble to get their returns in.By waiting until the last minute, you increase your risk of mistakes.8. Not filing a returnNot everyone has to file a tax return. But even if you don't have any tax liability, it could be in your best interest to file anyway.The IRS will only issue refunds to filers. So if you had too much federal taxes withheld from your paycheck or are eligible for other credits, you have to file a return to get the money.Earlier this month, the IRS said it had .1 billion in unclaimed federal income tax refunds for around 1 million people who didn't file a tax return in 2014.  3747

Tailored Brands, which owns Men's Wearhouse and Jos. A. Bank, announced on Tuesday that they would be closing up to 500 stores due to the coronavirus pandemic.The company said in a press release that they would cut 20% of its corporate jobs by the end of the fiscal second quarter.“We have safely reopened almost all of our retail stores and look forward to helping our customers look and feel their best for their moments that matter," Tailored Brands President and CEO Dinesh Lathi said in the press release. "Unfortunately, due to the COVID-19 pandemic and its significant impact on our business, further actions are needed to help us strengthen our financial position so we can navigate our current realities. It is always difficult to eliminate jobs and say farewell to our friends and colleagues. I want to thank our teammates affected by these changes as well as those who continue to help us meet the challenges currently facing our industry and who remain dedicated to serving our customers.”The clothing company also announced that Chief Financial Officer Jack Calandra was leaving on July 31 and they appointed restructuring consultancy AlixPartners managing director Holly Etlin as their Chief Restructuring Officer. 1236

TAMPA, Fla. -- A Hillsborough County, Florida principal and teacher have been arrested on child abuse charges, according to Tampa Police.Michael Hoskinson, principal of Coleman Middle School, and his wife, Kimberly, a Plant High School assistant teacher, were both arrested on Monday night in Tampa. Tampa Police said that on November 2, Michael punched the victim twice in the rib cage. Police said that the force of the punch caused the victim to fall and injure the child's wrist. Michael was yelling at the victim while this occurred, according to the arrest affidavit.Police said that two of the victim's classmates saw the injuries. Michael's wife, Kimberly, was also present during the incident and pushed the child, according to TPD. According to the arrest affidavit, Kimberly later sent a text message that read, "Friendly Reminder: If we ever find a text similar to the one you sent to Coach Stephen a few months ago about 'needing to talk', or whoever else, you'll end up with a lot more then a few bruised ribs..."Officials say that the child involved is not a student in either school the Hoskinson's are employed with and that the child abuse did not happen on a school campus.Hillsborough County Public Schools responded to the incident saying:  1314

Stocks fell sharply Monday, dragged down by reports of trouble at Apple and Facebook.The Dow closed down 396 points and the Nasdaq tumbled 3%.Facebook stock fell nearly 6% as the company continues to deal with the fallout from a New York Times article that detailed Facebook's reaction to political scrutiny and its Cambridge Analytica scandal. CEO Mark Zuckerberg has reportedly adopted a more aggressive, "war"-like style, according to the Wall Street Journal.Alphabet was also down 4%. It is now down 20% from its peak in July, placing it in bear market territory.Early in the day, stocks fell on news that Apple's newest line of phones may not be selling as well as Apple or its investors had hoped.Apple's stock fell once more after the Wall Street Journal reported that Apple has cut orders for its iPhone XR, iPhone XS and iPhone XS Max.The new iPhones, which Apple unveiled in September, cost more than previous versions. The 9 iPhone XR is the least expensive new iPhone, but it costs more than last year's cheapest model, the iPhone 8.The iPhone XS Max can cost up to ,449. The higher prices -- without many more features -- could be driving customers to keep their current phones longer or buy last year's models.Apple declined to comment about the Journal story or broader concerns about iPhone demand.Shares of Apple fell 5% and have now plunged about 20% from the all-time high it hit a few months ago, when Apple (AAPL) was worth more than trillion.The stock ended a 5-day losing skid on Friday after an analyst at Morgan Stanley suggested that the supplier concerns are overdone.Apple, which is a member of the Dow, was hurting the blue chips too.Several makers of chips and other components used in iPhones have warned of soft sales and profit in recent weeks, citing sluggish demand for higher-end smartphones.To that end, shares of Apple suppliers, such as Qorvo (QRVO), Broadcom (AVGO), Cirrus Logic (CRUS) and even Apple's key Anrdoid phone rival Samsung were all lower Monday too. Samsung also makes chips for iPhones.Investors have other reasons to be concerned about the future of Apple -— as well as other big tech companies for that matter.Apple CEO Tim Cook said on the "Axios on HBO" show Sunday that he expects Washington to crack down on tech firms in the wake of high-profile privacy scandals, such as the Cambridge Analytica problems that have plagued Facebook (FB)."I am not a big fan of regulation," Cook said to Axios on HBO. "I'm a big believer in the free market. But we have to admit when the free market is not working. And it hasn't worked here. I think it's inevitable that there will be some level of regulation."HBO, like CNN, is part of WarnerMedia, which is owned by AT&T (T). 2745

Support for stricter gun laws has spiked to the highest level since 1993, and almost two-thirds say government and society can take action to prevent future mass shootings, according to a new CNN poll conducted by SSRS.The findings suggest the school shooting in Parkland, Florida, has shifted public opinion on gun laws in a way other recent mass shootings have not.Overall, 70% now say they back stricter gun laws, up from 52% who said so in an October poll not long after a mass shooting in Las Vegas killed 58 people. Just 27% oppose stricter laws. Support for stronger gun laws has not been that high in CNN polling since a December 1993 survey conducted just after the Brady Bill was signed into law.Public support for stronger gun laws has fluctuated over the years, peaking at 70% backing for stronger laws in 1993 and in the new poll and bottoming out at 44% support in a CNN/ORC poll in September 2014. Bumps in support for tighter laws following mass shootings have rarely lasted, but they have also rarely been as large as the shift seen in this poll.The new poll also finds a deepening intensity of support for stronger gun laws. A majority, or 52%, say they "strongly" favor stricter gun laws, well above the previous high mark of 37% in polling back to 2013. Strong support outpaces strong opposition by a nearly four-to-one margin, a massive increase compared with the 36% who were strongly in favor of such a move and 27% who strongly opposed the idea in the October survey.Overall support for stricter laws includes a majority of those who live in gun-owning households (57%) as well as majorities across gender, race and age categories. Nearly all Democrats (93%) back stricter laws, as do a majority of independents (64%) and a plurality of Republicans (49% vs. 46% who oppose them).At the same time, an increasing share say they are very or somewhat worried they or a family member will become a victim of gun violence. Almost six in 10 say so now (57%), compared with 44% in June 2016 after a mass shooting in Orlando. Worries now are higher among parents of children under 18, of which 62% say they are worried vs. 55% among non-parents. Among those who are at least somewhat worried about becoming a victim of gun violence, 80% back stronger gun laws; that slides to 56% among those expressing less concern.There is widespread support for several specific changes to gun laws, including 87% who back laws to prevent convicted felons and those with mental health problems from owning guns; 71% who support preventing people under age 21 from buying any type of gun; 63% who support a ban on the sale and possession of high-capacity or extended ammunition magazines (up from 54% in October, a new high in CNN polling); and 57% who back a ban on the manufacture, sale and possession of rifles capable of semi-automatic fire, such as the AR-15, the same style as was used in both the Parkland and Las Vegas shootings (up from 49% in October).Support for raising the age at which a person can purchase any type of gun -- an idea supported by some prominent Republicans -- crosses party lines (86% of Democrats, 67% of independents and 61% of Republicans back that change), as does support for keeping guns away from convicted felons and those with mental health problems (90% of Democrats and Republicans favor that, along with 84% of independents). There is also broad cross-party opposition to an outright ban on gun ownership (93% of Republicans, 87% of independents and 83% of Democrats oppose that idea).But on the other proposals tested in the poll, there are sharp partisan divisions that reflect those in the public conversation around gun laws that has emerged since Parkland, particularly on a ban on weapons such as the AR-15. That proposal -- one that Florida Sen. Marco Rubio described in a Tweet as "well outside the mainstream" -- has the support of 80% of Democrats and 53% of independents, but just 34% of Republicans. Likewise, limiting the number of guns an individual can own garners 69% support among Democrats vs. just 23% among Republicans. And while backing for a ban on high-capacity magazines has grown across party lines, there remains a 34-point spread between Democrats (82% support) and Republicans (48% support) on the question.In addition to a shift toward support for stronger gun laws, there is optimism in the poll that such changes would be effective. A majority, 56%, say stricter gun laws generally would reduce the number of gun-related deaths in the country, 42% that they would not. That tilted the opposite way in October after the Las Vegas shootings, with 51% doubting that outcome, as well as in June 2015 after the shooting deaths of nine people during a Bible study group in Charleston, South Carolina, when 60% said such a change would not reduce gun-related deaths.Similarly, 59% think stricter background checks would prevent those with mental health problems from owning guns (36% say that they would not).Gun owners are more skeptical on both accounts (61% say stronger laws would not reduce gun-related deaths, and 44% say more comprehensive background checks would not prevent those with mental health problems from obtaining guns), as are Republicans (almost three-quarters say stronger laws would not reduce gun-related deaths, and 48% say they wouldn't keep guns away from the mentally ill).More generally, almost two-thirds, 64%, say that government and society can take action that will effectively prevent shootings like the one in Parkland. That is higher by far than the share to say so in CNN polls after mass shootings in Las Vegas (47%), Orlando (46%), Charleston (35%), Newtown, Conn. (46%) and Tucson (33%). Majorities across party lines say they feel effective action can be taken, including 79% of Democrats, 59% of independents and 52% of Republicans.Overall, about half, 46%, say they have a favorable view of the National Rifle Association, while 49% hold an unfavorable view. That's the worst rating for the organization in CNN trends since 1995. And those with a "very unfavorable" view outweigh those with a "very favorable" one by a 31% to 21% margin.The CNN Poll was conducted by SSRS February 20-23 among a random national sample of 1,016 adults reached on landlines or cellphones by a live interviewer. Results for the full sample have a margin of sampling error of plus or minus 3.7 percentage points, it is larger for subgroups. 6451