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Famke Janssen steps out in the Soho neighborhood of New York

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"It is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment," the SEC said. website The recent SPAC frenzy has attracted the attention of a number of mainstream celebrity figures such as rap star Jay-Z, tennis legend Serena Williams and National Basketball Association Hall of Famer Shaquille O'Neal who have either sponsored their own blank-check firms or joined the boards of other SPACs. Filing your tax return closer to the beginning of tax season rather than closer to the deadline will also set you up to get your tax return faster -- and any unpaid stimulus check money, too.

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If you're a nonfiler, that is someone who is not usually required to file taxes, but you're filing for the Recovery Rebate Credit to get a missing stimulus check, you'll need to file Form 1040 or Form 1040-SR (PDF). You'll want to fix these errors now The IRS never let recipients of the second stimulus check set up direct deposit or fix any bank account errors, resulting in this group needing to claim their missing money as a Recovery Rebate Credit on their 2020 taxes.

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