Still no IRS tax refund? Early filers wonder ‘Where’s my check?’ at 21-day mark

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The IRS estimated that 9 out of 10 taxpayers who filed online and used direct deposit would receive their refund within 21 days. For many, that’s today. Three weeks after the start of the 2021 tax filing season , the Internal Revenue Service (IRS) is being beseeched by complaints from taxpayers who said they filed early but have yet to receive a refund check. Read Full Story

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Warning: Delayed IRS tax filing deadline may not apply to your state taxes

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Some states are following suit, but some may not. That extra, blissful spring month before you have to file your taxes that the IRS gifted you this week comes with a hitch: The new May 17 filing deadline for 2020 taxes applies to federal taxes only. Your state’s tax deadlines may still be April 15. As of Friday morning, some states have already said that they would join the IRS in extending the filing deadline to May 17, but every state may not jump on board. Read Full Story

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5 traits of CEOs who successfully take their companies public

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These two executive coaches have some surprising takes on introverted vs. extroverted leaders. It’s IPO season. Since June, more than 20 companies have filed S-1s. This includes seven companies filing in one day, on August 24, which is unprecedented. With dozens of CEOs planning to take their companies public, how do we know which ones will pop and which will flop? Read Full Story

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Pandemic pay cuts: The growing list of companies reducing salaries during COVID-19

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Conference Board has been tracking pay reduction announcements for publicly traded companies. More than 30 million Americans have filed for unemployment benefits since the economy first began to unravel due to the coronavirus pandemic. That figure may not count untold millions of freelancers or self-employed individuals who are also out of work, nor does it factor in countless people who simply couldn’t get through to their state labor department to file a claim. And of those who are still working, many are making considerably less money due to reduced hours. Read Full Story

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Rent is due—and tens of thousands of people are going on rent strike

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In what is likely the largest coordinated rent strike in the U.S. in recent history, people affected by the coronavirus shutdowns are telling their landlords not that they’ll pay rent later, but that they won’t pay at all. More than 30 million Americans have filed for unemployment in the last six weeks, and millions more have tried but failed to file claims—and as overwhelmed unemployment offices are slow to pay benefits, many people don’t have the money to pay rent. Millions of people still haven’t received their stimulus checks; in cities like New York, where the rent for a typical one-bedroom apartment is nearly $3,000, a stimulus check for $1,200 won’t go far. Read Full Story

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Neiman Marcus expected to file for bankruptcy

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Have we entered the real retail apocalypse? Have we entered the real retail apocalypse ? The Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, Reuters reports . The company has about $4.8 billion in debt and skipped millions of dollars in payments last week. Read Full Story

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