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| Good morning and happy Thursday, Daily Money readers. Jayme Deerwester back with you – again. And no, you're not imagining things: this is the second send of Thursday's newsletter. The earlier one had an incorrect link that has since been corrected. |
| ANOTHER YEAR, ANOTHER ROUND OF STORE CLOSURES. On Wednesday, Macy's and Bed Bath & Beyond both announced they would shutter more stores in 2022. Days into the new year, the department store chain confirmed a new round of store closures to USA TODAY. Macy's Inc., which also runs Bloomingdale's and Bluemercury, identified six Macy's and one Bloomingdale's Outlet store that will shutter in this round. |
| In this latest round of Bed Bath & Beyond closures, New York will lose seven stores, five California stores will close and four Washington state locations. Arizona, Georgia, Minnesota, Pennsylvania and Texas will lose two stores apiece. Alabama, Florida, Idaho, Michigan, Missouri, Mississippi, New Jersey, Ohio, Virginia, Wisconsin and West Virginia are each losing one store. |
| On to ... |
| 💡 TODAY'S INSIGHT: If you've traditionally used TurboTax's Free File system for your taxes, we've got bad news you'll have to go elsewhere this year: "Intuit has elected not to renew its participation in the IRS Free File Program and will no longer be offering IRS Free File Program delivered by TurboTax," the company's website announced . It's the second big tax-filing company to drop its free-filing program: H&R Block ended its in 2020. But wherever you end up filing, remember: you have to report your stolen property and bribes on your 1040 form. |
| Other stories you won't want to miss: |
| Elizabeth Holmes guilty verdict sends a warning to Silicon Valley. But will investors listen and steer clear of risky bets? |
| Do you love tacos enough to buy a subscription? Taco Bell's subscription offers 30 days of tacos for $10. |
| The pandemic proved PCs aren't going anywhere. And based on the innovation on display at CES, they may be entering a new golden age. |
| Bored with your car's color? BMW unveils color-changing iX Flow SUV with E Ink technology. |
| Get help finding your lost phone. Even if the battery is dead. |
| MOOD MUSIC. In honor of anyone who now has to go find a new free tax-filing program (Credit Karma, y'all), I've chosen the Beatles classic "Taxman": "Should 5% appear too small, be thankful I don't take it all. 'Cause I'm the taxman." |
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