Money Today That Matters Tomorrow
With the expiry of federal enhanced unemployment benefit programs like PUA, PEUC, $300 FPUC and $100 MEUC after September 6th 2021 in all states, there has been considerable chatter around what happens next. The cessation of unemployment benefits without another extension to the end of 2021, is obviously a big …
The House Ways and Means Committee has released the Democrat’s proposed tax increases to fund their $3.5 Trillion social infrastructure economic stimulus package. These tax hikes and changes, estimated to raise $2 trillion, are just proposals at this stage. In order to get the vast majority of Democrats on board …
The Biden Administration has now confirmed that they won’t extend federally funded unemployment benefits past the September 6th expiration date. They are instead encouraging states with high unemployment or hit hard by COVID-19 Delta to use existing ARPA stimulus funding to extend and expand traditional state unemployment benefits for as …
With federal unemployment benefits expiring after the week ending September 4th in states that didn’t end pandemic benefits early, many are asking what will happen to their active claim balance if they have weeks left after the expiry date. The answer unfortunately is that active balances under the PUA and …
In response to ongoing delays in making timely unemployment benefits payments, California’s Unemployment Agency – The Employment Development Department (EDD) – has announced that it will begin paying unemployment insurance benefits for claimants whose payments have been pending for at least two weeks. While this currently only being done for …
As the COVID-19 Delta variant spreads rapidly across the US many are worrying about the economic impact from additional regulations, state/national safety mandates and business reopening delays. But even of more concern to millions of jobless or under-employed Americans, still recovering from the pandemic induced slow down, are the end …
[Updates from latest GAO report] The anger and resentment is building up across millions of American tax payers who have been waiting weeks, if not months, to get their overdue IRS refunds and/or stimulus payments. The IRS recently reported that they still have nearly 16 million unprocessed individual returns, which …
Raising the debt ceiling has come to center stage again in Washington D.C. as Senate Republicans threatened to vote against an increase or suspension to the debt ceiling unless Congress first agrees to new spending cuts or other measures, to counteract President Biden massive spending bills. The debt ceiling takes …
Like millions of American households, I got my monthly advance CTC payment deposited in my bank account today! For most this is awesome news because there were genuine concerns that there could be long delays with the IRS making these ARPA funded payments. You can see more on the Advanced …
With payment of the expanded and advance Child Tax Credit (CTC) underway, many parents and guardians with dependents over 18 are feeling like they are missing out on the government largesse going to children. But there is some relief for this group, beyond what was provided in the last round …
Many of the states that ended federally funded unemployment benefits early (see full list) are now facing several legal challenges (lawsuits) that has meant a reconsideration of the early termination and in some cases a continuation of benefits past the state Governor’s prescribed early end date. The general argument’s being …
A few years ago working from home was relatively new and mainly something that technology or consulting companies offered. However, following the pandemic and with millions of workers effectively working remotely for over a year, the discussion of flexible working – which includes location and/or schedule flexibility – has become …