Wednesday, February 24, 2021

The Daily Money: Why remote work could affect your taxes

Today's top stories from USA TODAY Money & Tech. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, February 24

Good morning, Daily Money subscribers, it's Nathan Bomey once again. I have to say, my heart briefly stopped when I heard the news of Tiger Woods' car crash. How devastating. Here's hoping for a swift recovery. On to our ... 

INSIGHT OF THE DAY: Have you been working remotely during the pandemic in a different state than where your office is located? Your tax bill could look different. Check out the details in Susan Tompor's report.

On to the news ...

1. What car was Tiger Woods driving when he rolled over on a road in the Los Angeles area? It was a Genesis GV80. Here's my report on the GV80, which is the Hyundai luxury brand's first SUV and has 10 airbags and advanced safety features.

2. Behind on your retirement planning? Don't fret. Here are some tips on what to do.

3. How would you like to be the chief financial officer at GameStop? Now's your chance. The current CFO is leaving abruptly with no replacement after the recent trading frenzy, Josh Rivera reports.

4. How is your local Macy's hanging in there? It's been a tough run for department stores, and now Macy's is closing more locations, Kelly Tyko reports.

5. Why are Postal Service workers still driving those aging delivery trucks? Looks like the USPS has been asking itself that question. The agency will replace its entire fleet of vehicles, including many with electric trucks, Terry Collins reports.

6. Is the minivan on its way out? Or is it just that people don't want to admit they're driving a minivan? Kia announced yesterday that it's discontinuing the Kia Sedona minivan and replacing it with the Kia Carnival "multi-purpose vehicle," which looks a lot like ... a minivan.

More below!

--Nathan Bomey, Money reporter

Some people are filing taxes early in 2021 in order to claim as much stimulus cash upfront, if a third stimulus payment is issued. Tax business window in Marine City, Michigan.
How working remotely during COVID-19 may affect your taxes
Most people polled by the American Institute of CPAs did not know that working remotely in other states could make taxes more complicated now.
These are the safest new vehicles of 2021
The 2021 Hyundai Palisade is one of 17 vehicles th
What car was Tiger Woods driving in accident?
The 2021 Genesis GV80 is seen here in this photo p
5 growth stocks billionaires can't stop buying
A person writing and circling the word buy underne
GameStop CFO resigns a month after trading frenzy
FILE - Pedestrians pass a GameStop store on 14th S
Check out the upcoming USPS trucks
The U.S. Postal Service has awarded a 10-year cont
Are we in another stock market bubble?
A person using a pin to pop a bubble with a dollar
Powell: Economy has 'long way' to go despite recent...
Jerome Powell has issued a surprise statement that
Say goodbye to this Kia minivan
The 2022 Kia Carnival.
Fry's Electronics going out of business after 36 years
In this Oct. 21, 2009 file photo, a small crowd be
 
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