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Tag: 2020

The IRS can adjust any stimulus check money you’re owed when you file your 2020 tax return. Here’s why

Finance
In this articleIRSA3-ARGetty ImagesThis year's tax season has brought with it a new opportunity to collect any unpaid funds from previous rounds of federal stimulus checks.But the amount you claim could be adjusted by the IRS, the agency said on Monday.A new feature called a recovery rebate credit enables people to claim unpaid stimulus check money they may be missing.To date, Congress has authorized three direct payments to Americans since the onset of the Covid-19 pandemic. That includes a first check of up to $ 1,200 per adult through the CARES Act that was passed in March 2020. That was followed by payments of up to $ 600 per person authorized in December, followed by new checks of up to $ 1,400 per person that the government is in the midst of deploying.More from Personal Finance:F...

The U.S. solar industry posted record growth in 2020 despite Covid-19, new report finds

Finance
Peter Cade | Stone | Getty ImagesU.S. solar installations reached a record high during 2020 as favorable economics, supportive policies and strong demand in the second half of the year offset the impacts from the coronavirus pandemic.Installations grew 43% year over year during 2020, reaching a record 19.2 gigawatts of new capacity, according to a report released Tuesday from the Solar Energy Industries Association and Wood Mackenize.During the fourth quarter alone, the U.S. added slightly more than 8 gigawatts of capacity — a new quarterly record. To put the number in context, during all of 2015, 7.5 gigawatts were added. One gigawatt is enough to power roughly 190,000 homes. The U.S. currently has 97.2 GW of total solar capacity installed, enough to power roughly 17.7 million homes.Calif...
Boris Johnson offers to host all Euro 2020 games in the UK and outlines plans for joint bid for 2030 World Cup

Boris Johnson offers to host all Euro 2020 games in the UK and outlines plans for joint bid for 2030 World Cup

Sports
Boris Johnson has offered to host every European Championship game in the UK this summer – and wants the World Cup in Britain and Ireland in 2030. The Euros – pushed back a year due to the coronavirus pandemic – are due to be staged across 12 countries, with the semi-finals and final being held at Wembley in London. AFP Johnson wants the UK to host the European Championship and the 2030 World Cup But with the Covid restrictions still causing disruption throughout Europe – and given England’s successful vaccine roll-out – Johnson has offered to take on extra games if UEFA is forced to alter its plans. Speaking to The Sun, the PM said: “We are hosting the Euros. We are hosting the semis and the final. “If there’s, you know, if they want any other match...
Spring training: Teams seek fresh start after COVID-19 threw MLB a curve in 2020

Spring training: Teams seek fresh start after COVID-19 threw MLB a curve in 2020

Sports
MIAMI, Feb. 27 (UPI) -- The Miami Marlins were arguably the MLB team most impacted by COVID-19 in 2020. They'll be one of 28 teams that start MLB spring training games Sunday with a renewed sense of optimism and appreciation for baseball. "It's going to be a full season, so let's see what we are made of," Marlins infielder Miguel Rojas told reporters Wednesday on a Zoom video conference. Advertisement All 30 MLB teams reported to camps last week, with half the league at training facilities in Florida and the other half in Arizona. The reporting dates came almost exactly a year after teams reported in 2020. Last year's preseason slate suddenly stopped in March, though, because of the coronavirus pandemic, which prompted an unprecedented MLB season. Forty-three 43 games were postponed and ...
Report: North Korea’s trade with China declined 80% in 2020

Report: North Korea’s trade with China declined 80% in 2020

Business
Feb. 22 (UPI) -- Two-way trade between North Korea and its biggest partner, China, fell 80.7% in 2020 amid the coronavirus pandemic, according to estimates from Seoul's Korea Trade-Investment Promotion Agency. North Korea imported about $ 491.06 million of goods from China last year, while exporting only $ 48 million of commodities and products to its neighbor, the Seoul agency's Shenyang branch said, Seoul Pyongyang News reported Monday. Two-way trade was about $ 539.06 million, reflecting a steep decline from the previous year, the report said. Advertisement Trade activity dropped significantly in February 2020, with two-way trade falling to $ 10.71 million in the immediate aftermath of the coronavirus epidemic that began in Wuhan, China. North Korea shut its 880-mile border with China ...