IRS will delay tax filing deadline until May 17

The IRS began sending out a new round of $1,400 checks to qualifying households over the weekend, in the midst of the current, truncated tax season that opened on Feb. 12.

$3,000 child tax credit: Here’s what parents need to know

The massive coronavirus relief bill slowly working its way to President Joe Biden’s desk includes a plan to temporarily raise a child tax credit that could end up permanently changing the way the country deals with child poverty.

In hopeful sign for economy, US adds 379,000 jobs in February

U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.

Unemployment claims climb to 745,000; layoffs still high

The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.