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 and when missing or back payments will be made. The cessation of pandemic unemployment benefits without another …
As the calendar year comes to a close, investors are looking to diversify their portfolios and identify what to invest in next. With cryptocurrencies reaching historic highs, the real estate market surging, and an overall stock market pushing forward, we might just end one of the best performing years for …
Per the federal tax code the IRS is required to adÂjust dozens of tax related items for inÂflaÂtion. Given the specter of rising inflation as evidenced in the recent 5.9% COLA increase for 2022, most are expecting the IRS to announce significant increases to federal tax bracket ranges and standard …
The 2021 tax year will be quite different from 2020 given the number changes made by Congress. These will likely have an impact on you due to the scale of updates, tax credits, deduction extensions, and expiring provisions related to Covid-19 response legislation. This article will cover some of the …
The SSA released the final figure for the 2022 COLA increase which affects nearly 70 million Americans collecting social security and SSI benefits. The 2022 raise was 5.9%, which translates to an extra $92 in retirees’ average monthly benefit next year. It was nearly 5 times last years increase. The …
Its been a frustrating time for millions of Americans still waiting for their tax return to be processed so that they can get their much needed refund payments. The IRS guidelines state that 9 out of 10 returns should be processed within 21 days but as many tax payers have …
Most people dream of living a comfortable life without worrying about money. Though many people see this as lofty dreaming about yachts and summer homes, more and more people are turning these ideas into an achievable reality and gaining financial independence at a staggering rate. Financial independence means that you’re …
[Updated with Latest Developments] After several weeks of in-party bickering President Biden and Congressional Democrat leaders are getting closer in reaching agreement on their massive spending bill, a.k.a the Build Back Better (BBB) Act. The details are still subject to substantial change as legislators work to reduce the cost from …
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 …