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Md. Republican lawmakers fail in attempt to extend gas tax holiday 04/08/2022 01:02am • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. A Republican lawmaker tried and failed to extend Maryland’s gasoline tax holiday by amendment on Thursday, and House Speaker Adrienne A. J Update on Coronavirus Student Loan Relief 04/07/2022 08:00pm • President Joe Biden has announced another extension of coronavirus emergency relief benefits for borrowers with federal student loans through Aug. 31, 2022. The administration also plans to provide a "fresh start" on repayment to all borrowers with paused loans by "eliminating the impact of delinque How You Can Use Home Equity to Buy Another House 04/07/2022 08:00pm • American homeowners were sitting on a record $9.9 trillion in so-called "tappable equity" at the end of 2021 following a boom in housing prices last year, according to data firm Black Knight. All that equity represents an enormous pool of cash that homeowners can turn to if they plan to purchase a n Montgomery Co. quality of life gets high marks, but public safety ratings dip 04/06/2022 11:10pm • Nine out of 10 Montgomery County, Maryland, residents who responded to a survey say they would recommend their county to others as an excellent or good place to live. And 85% said they plan on staying in the county for the next five years. More Montgomery County News More Local News 15 Steps to Achieve Financial Freedom 04/06/2022 08:00pm • What is financial freedom?Ask a room of people to define financial freedom, and you're likely to get a dozen answers."We all have different relationships with our money," notes Shelly-Ann Eweka, director of central advice for financial firm TIAA.For some, financial freedom means being able to pay th Do You Owe the IRS? How to Find Out 04/06/2022 08:00pm • If you owe back taxes, it's important to act quickly and set up a plan for repayment. "The most important thing a taxpayer can do to help reduce penalties and expenses associated with an IRS notice is to take action right away," says Michael Raanan, enrolled agent and president of Landmark Tax Grou 2022 Stimulus Checks: Why Some Lawmakers Want to Pay You for Gas 04/06/2022 08:00pm • While gas prices have abated somewhat over the past week, at a national average of $4.15 per gallon, according to AAA, they remain more than $1.28 higher than a year ago. Amid concerns that the higher prices will hurt consumers' wallets, some state and federal lawmakers are looking at ways to ease t 6 Pros and Cons of Choosing a Fee-Only Financial Advisor 04/06/2022 08:00pm • When to choose a fee-only financial advisor (and when not to).Managing fees is an important part of any investment strategy when one of the goals is maximizing returns. Working with a fee-only financial advisor, as opposed to a fee-based advisor, may appeal to you if you're interested in getting pro PW Digital Gateway water concerns acknowledged 04/06/2022 01:41pm • This article was written by WTOP’s news partner InsideNoVa.com and republished with permission. Sign up for InsideNoVa.com’s free email subscription today. Prince William County officials plan to hold a work session on water quality next month in response to concerns about the proposed PW Dig Gift tax: Tax rules to know if you give or receive cash 04/06/2022 07:35am • Whether you work in the gig economy or are giving a cash gift to a relative, you need to know if and how to report that money to the IRS. There are different rules and reporting requirements depending on the size of the gift, whether the gift was made in cash and whether you are the giver or receive Gas tax cut proposal officially introduced in Virginia’s General Assembly 04/05/2022 08:58pm • There’s no timeline set for how long Virginia lawmakers will remain in special session to finalize a budget and now there’s one more issue on the agenda: whether to suspend the commonwealth’s gas tax. The General Assembly’s regular session ended on March 12 without the Democrat-controlled How to Pay Taxes on Investment Income 04/05/2022 08:00pm • Creating a strategy ahead of time can help investors avoid a huge federal tax bill in April. Investors who sold profitable stocks in 2021 are facing a potential tax bill unless other investments that lost value were also divested. The tax on an individual's investment income can be challenging to de Unemployment: What to Do if Your Direct Deposit Is Late 04/05/2022 08:00pm • Your unemployment benefits haven't landed in your bank account, even though the payment should have arrived via direct deposit. You're not alone. According to the U.S. Department of Labor's Employment & Training Administration, as of Feb. 28, 2022, the most current data available, 45% of the 350 When You Should (and Shouldn't) Worry if Your Tax Refund Is Delayed 04/05/2022 08:00pm • In an ordinary year, most people receive their tax refunds within 21 days of filing electronically. But the past couple of years have been anything but ordinary, as the IRS has grappled with a backlog of paper tax returns during the pandemic and complications from last-minute changes to tax laws in Amazon one step closer to completing second headquarters in Arlington 04/05/2022 10:48am • Arlington County’s planning commission on Monday unanimously approved rezoning plans for Amazon’s latest development and most ambitious development for its second headquarters. The Pentagon City development in Virginia will feature the Helix, a 350-foot spiraling glass building with walkable la