The IRS is preparing to send most Americans one-time stimulus relief checks in response to the coronavirus pandemic. But the bill excludes many financially vulnerable groups from receiving checks. Individuals earning up to $75,000 will receive a check for $1,200, while couples earning up to $150,000 will get $2,400. Additionally, parents will receive $500 for each child under 17. That leaves out…

Everyone is wondering how much they will get from the federal government when the $2 trillion coronavirus stimulus bill is complete. Here’s a basic guideline of what you can expect using items we found while stuck home with our kids.

The recent market volatility may have you wondering just what to do with your retirement account.

Senate leaders and the White House have reached an agreement on a sweeping $2 trillion measure to aid workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak.

A lot of people already carry some debt financially, and if you are out of work during this pandemic, you just want to be careful not to dig a hole you can’t get out of. So, if you need cash right now, check with your landlord or your mortgage lender.  Many of them are offering to allow you to...

You’ll now have an extra 90 days, until July 15, to file and pay your federal income taxes. You are still allowed to file for an extension until October 15, just as you can during any other year. To do that, you have to file the extension form by April 15. The changes have rolled out over the course of the...

Americans of all ages are facing financial stress from the coronavirus, which already has caused a stock market crash, lost wages and mounting layoffs. Whether you are retired or near retirement, a freelancer with complicated taxes, or a college student sent home from school, here are answers from CNBC’s Sharon Epperson to some of the critical questions to stay financially...

With the coronavirus pandemic causing many workers to lose hours, it’s more important than ever to know what financial options you have. While it’s well and good for financial advisors to tell you not to check your investments in a volatile market, that may not even be a worry for many Americans, when almost 80% of workers live paycheck to paycheck and many households say...

In a rare move, the Federal Reserve announced an emergency rate cut of 50 basis points in response to the growing threat from the coronavirus outbreak. It’s the first time the Fed has cut rates by half a percentage point since late 2008.  “The fundamentals of the U.S. economy remain strong,” Fed Chairman Jerome Powell said in a meeting with reporters. However, “the spread...

Couples who live together without getting married don’t enjoy the same legal protections that married counterparts have, especially if one of you gets really sick or passes away.

As a general rule, the higher your credit score, the better off you are. However, a missed payment or default can quickly drag your score down, sometimes significantly. As many consumers know, your credit score plays a big role in daily life. It can determine the interest rate you’ll pay for credit cards, car loans and mortgages — or whether you’ll...

Millions of households that hustled to get their tax returns to the IRS early could be waiting until March for their refunds. If you’re claiming the additional child tax credit or the earned income tax credit, the IRS cannot issue your refund before mid-February.

Having a new baby can not only change your sleep patterns, it can also change how you file your taxes.

Tax season has just started, but you can still find opportunities to cut your 2019 taxes if you know where to look. The IRS started accepting tax returns on Jan.27, kicking off the long march to April 15 — the deadline for taxpayers to pay last year’s liabilities.

Americans who are struggling to pay off their debt could see lower FICO credit scores in their future, especially if they miss payments. Fair Isaac Corp., the company behind the popular FICO credit score, announced the launch of its latest FICO 10 model today, Jan. 23, that will start incorporating consumers’ debt levels into their scoring model.

Like all budgeting systems, the idea behind kakeibo is to help you understand your relationship with money by keep a ledger of everything that is incoming and outgoing.

It’s officially 2020, which means it’s not too early to start thinking about your taxes. Several human services organizations in Connecticut will be offering tax preparation services to low and middle-income residents. The Volunteer Income Tax Assistance, or VITA, program kicks off January 7. The Village for Families & Children, United Way of Central and Northeastern Connecticut, Human Resources Agency…

The Federal Reserve’s decision Wednesday to keep interest rates steady put the cap on a tumultuous year for consumers. After raising the federal funds rate nine times in three years, with the last hike just one year ago as financial markets were melting down, concerns about a slowing economy and a looming U.S.-China trade war then caused the U.S. central...