Author: Susan Tompor, Detroit Free Press

The latest COVID-19 economic relief package addresses some potential changes for flexible spending accounts, which could help savers.

Many people who depend on the Earned Income Tax Credit may not realize that they now can use wages from 2020 or 2019 to calculate the credit.

The Recovery Rebate Credit will reduce how much you owe on 2020 income tax return or boost a tax refund that arrives sometime in March or later.

Unemployment benefits will be treated as fully taxable income when you file your federal income tax returns. Many states also tax jobless benefits.

Many consumers expressed frustration over IRS tool and delivery of stimulus payments on Tuesday. IRS gives some answers.

Some taxpayers discover they might have to wait for a check in the mail or to file their 2020 returns before second stimulus mess is resolved.

Those who closed bank accounts might have trouble getting second stimulus checks quickly. But a glitch could be fixed by filing a 2020 tax return.

The economic outlook for 2021 remains optimistic but hinges on the success of the vaccine, according to experts.

Some consumers may be shocked to receive Visa debit cards with stimulus cash in January. Don’t throw the cards out, plus more Stimulus 2.0 tips.

The investigation of COVID-related fraud has been a priority for the SEC since the start of the pandemic. Scammers are likely to play up vaccines.