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The millions of people who were unemployed this year may want to start planning now for tax season. Unemployment income is taxable.If you didn't already choose to have those taxes taken out, a CPA tells us there are other options.You could get ahead of it and make an estimated tax payment for the fourth quarter.The drop in income may also mean you're eligible for other deductions and credits, like the earned income tax credit or the child and dependent care credit.“That's an income-based one that's based on a sliding scale, depending on how much you make. So, if you made less money, you could see more of that,” said Lisa Greene-Lewis, CPA and tax expert at TurboTax.Questions on stimulus payments will also be part of your tax return. That money is not taxable.If you got too much, you do not have to pay it back. But if you didn't get the amount that you're eligible for, you can get it as a recovery tax rebate.While working from home, some people stayed in other states. That could potentially put you on the hook for two state tax returns, depending on how long you stayed there.Because of the 2017 tax law, deductions for working from home will mostly only apply to those who are self-employed.Self-employed workers could also be eligible for new credits. You can claim them when you file or estimate those credits and keep them in your pocket now.“If you were sick or you took care of someone that was sick or took care of a family member, there's a qualified sick and family leave credit, and they can be worth thousands of dollars,” said Greene-Lewis.The IRS hasn't said when the tax filing season will open, but it's usually in early January. 1667
The holidays are right around the corner, but Walmart won't be hiring for help.The retailer plans to meet its need for extra work during the holiday shopping season by giving existing employees more hours, according to a release from the company.Hiring seasonal holiday help is a tradition in retail. Walmart rival Target has already announced plans to bring on 100,000 temporary holiday workers.But Walmart's move is a sign of the tightening labor market which has made it difficult for employers to fill open positions. There were a record number of unfilled job openings nationwide in the latest government reading of the labor market. More than 600,000 of the open positions were from retail.It also can be seen as part of the effort by Walmart, the nation's largest private sector employer, to make jobs there more attractive and to cutdown on turnover.The company announced a series of pay raises for its lowest paid employees in early 2015, which took the minimum pay for most employees to an hour by last year, and the average pay for its full-time workers to about an hour. Part-time workers are paid about an hour on average.For part-time employees, additional hours could increase total pay more than an increase in hourly pay.Walmart says it employed the same strategy of more hours for existing employees during the holidays last year and "we heard great feedback from our customers and associates," according to Judith McKenna, chief operating officer of Walmart U.S.Walmart had 1.5 million U.S. employees as of Jan. 31, according to a company filing. 1585

The Netflix series "13 Reasons Why" increased the suicide risk of suicidal teens treated in a psychiatric emergency department, according to a University of Michigan study.Upon release, the show received backlash for its depiction of suicide, as some critics said it glorified those who took their own lives. In addition, another study showed that the show was tied to a rise in online searches about suicide.“This show has been a real phenomenon, especially among teenagers,” Victor Hong, M.D., medical director of psychiatric emergency services at Michigan Medicine, said in a release. “Its depiction of teen suicide has raised great concern among parents, health providers and educators.” Half of the 87 youths, mostly teens ages 13 to 17, who participated in the survey between 2017 and 2018 had watched at least one episode of the show. Among the 43 who watched it, about half said it heightened their suicide risk.“Our study doesn’t confirm that the show is increasing suicide risk, but it confirms that we should definitely be concerned about its impact on impressionable and vulnerable youth,” Hong said.According to the study, very few parents of those in the sample had watched the series themselves and some were not even aware that their child had watched it. “The data from our sample of teens demonstrated that kids who were at high risk of suicide did not reach out to adults,” Hong said. “They mostly watched the show alone or talked to friends, but they weren’t talking to parents, teachers or school counselors.For more information on the study, click here. 1613
The mayor of Austin, Texas, has apologized after reports revealed that he delivered an address urging his constituents to stay home to prevent the spread of COVID-19 while he was vacationing in Mexico."I regret this travel," Austin Mayor Steve Adler, a Democrat, said in a statement, according to The Austin American-Statesman. "My fear is that this travel, even having happened during a safer period, could be used by some as justification for risky behavior. In hindsight, and even though it violated no order, it set a bad example for which I apologize."According to the American-Statesman and KVUE-TV in Austin, Adler took the trip after he hosted a small outdoor wedding ceremony for his daughter in early November. Both outlets report that there were about 20 guests at the wedding — more than the recommended guidelines of a limit of 10 per gathering that was in effect at the time.Following the ceremony, KVUE reports that Adler and eight family members boarded a private jet and traveled to Cabo San Lucas for a resort vacation. One day into that trip, on Nov. 9, Adler urged Austinites to stay at home."We need to stay home if you can," Adler said in that video, according to the American-Stateman. "This is not the time to relax. We are going to be looking really closely. ... We may have to close things down if we are not careful."Adler told the American-Statesman that he consulted with public health officials before hosting the wedding and that all 20 guests were required to undergo rapid COVID-19 tests before attending. He also said that masks were distributed during the reception guests "probably" did not wear them for the duration of the reception.KVUE adds that some of the guests traveled by plane to attend the wedding, including the Seattle-based wedding photographer.Adler isn't the only politician who has failed to heed his own warnings against travel. Last week, Denver Mayor Michael Hancock, a Democrat, traveled by plane to Mississippi to celebrate Thanksgiving with his family, despite repeated requests to his constituents not to travel for the holiday. 2096
The original Oktoberfest can be traced back to the early 19th century in Munich, Germany.Since then, cities across the United States celebrate the festival of German heritage.WalletHub compared the 100 largest U.S. cities based on 23 indicators of Oktoberfest friendliness and fun, and chances are, you can find one of these celebrations near you. 355
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