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Southeast Texas's Leading Local News: Weather, Traffic, Sports and more | Southeast Texas, Texas | 12NEWSNOW.com
Coronavirus
Yes, there are ways to determine if a KN95 or N95 mask is counterfeit
Money
Yes, the Plaid class action settlement notice is real
You may be eligible for money if you lived in the U.S. and connected a financial account to an app like Venmo between Jan. 1, 2013 and Nov. 19, 2021.
Taxes
Can you write off home offices, PPE due to COVID-19? It depends
If you worked from home in 2021 and set up a home office, you may not be eligible to write it off on your taxes if you receive a W-2 tax form from your employer.
Personal Finance
COVID & Taxes: What's tax deductible and what's not
PPE like masks, gloves and hand sanitizer are tax deductible but what about your home office?
Taxes
Yes, the IRS requires people to report income from stolen property and illegal activities
If a person steals property or makes money from illegal activities, the IRS requires taxpayers to report that on their income tax return.
Travel
Yes, airlines have to reimburse you for ‘reasonable’ items if your bag is lost or delayed
If your flight lands but your bags don’t, airlines have to reimburse you for items you need to buy until your bags arrive — so long as the items are “reasonable.”
Money
If your flight lands but your bags don’t, airlines have to reimburse you for items you need to buy until your bags arrive
Airlines have to reimburse you for ‘reasonable’ items if your bag is lost or delayed
Taxes
Yes, you need to claim the child tax credit on your 2021 return, even if you got advance payments
You may have gotten monthly checks already, but you’re likely still owed more money. To get that, you need to claim your advance child tax credit payments.
Education
No, the Navient settlement doesn’t cancel loans for federal student borrowers
The settlement will lead to the cancellation of $1.7 billion in private student loan debt and $95 million in small restitution payments for some federal borrowers.
Coronavirus
Yes, private insurers are now required to cover the cost of at-home COVID-19 tests
Under a new Biden Administration policy, private insurance companies are now required to cover up to eight free at-home COVID-19 tests per month.
Business
Business won't be fined for vaccine-or-test mandate after Supreme Court ruling
Fines from OSHA could have ranged from more than $10,000 per violation to more than $100,000 per violation.
Taxes
No, the tax deadline has not been extended past April for 2022
For the past two years, the IRS has pushed the tax filing deadline past April. The agency hasn’t done the same this year.
Money
Yes, the Plaid class action settlement notice is real
You may be eligible for money if you lived in the U.S. and connected a financial account to an app like Venmo between Jan. 1, 2013 and Nov. 19, 2021.
Taxes
Can you write off home offices, PPE due to COVID-19? It depends
If you worked from home in 2021 and set up a home office, you may not be eligible to write it off on your taxes if you receive a W-2 tax form from your employer.
Personal Finance
COVID & Taxes: What's tax deductible and what's not
PPE like masks, gloves and hand sanitizer are tax deductible but what about your home office?
Taxes
Yes, the IRS requires people to report income from stolen property and illegal activities
If a person steals property or makes money from illegal activities, the IRS requires taxpayers to report that on their income tax return.
Travel
Yes, airlines have to reimburse you for ‘reasonable’ items if your bag is lost or delayed
If your flight lands but your bags don’t, airlines have to reimburse you for items you need to buy until your bags arrive — so long as the items are “reasonable.”
Money
If your flight lands but your bags don’t, airlines have to reimburse you for items you need to buy until your bags arrive
Airlines have to reimburse you for ‘reasonable’ items if your bag is lost or delayed
Taxes
Yes, you need to claim the child tax credit on your 2021 return, even if you got advance payments
You may have gotten monthly checks already, but you’re likely still owed more money. To get that, you need to claim your advance child tax credit payments.
Education
No, the Navient settlement doesn’t cancel loans for federal student borrowers
The settlement will lead to the cancellation of $1.7 billion in private student loan debt and $95 million in small restitution payments for some federal borrowers.
Coronavirus
Yes, private insurers are now required to cover the cost of at-home COVID-19 tests
Under a new Biden Administration policy, private insurance companies are now required to cover up to eight free at-home COVID-19 tests per month.
Business
Business won't be fined for vaccine-or-test mandate after Supreme Court ruling
Fines from OSHA could have ranged from more than $10,000 per violation to more than $100,000 per violation.
Taxes
No, the tax deadline has not been extended past April for 2022
For the past two years, the IRS has pushed the tax filing deadline past April. The agency hasn’t done the same this year.
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