Money Today That Matters Tomorrow
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 …
The National Taxpayer Advocate Service (TAS) releases regular reports to Congress on the IRS and how they are performing on various issues. In particular the focus has been on tax return and refund processing delays, which have been ongoing causes of consternation for many filers. Key findings from recent reports …
This article looks at the current and past debt ceiling debacles and potential impacts to everyday Americans Basically if the debt ceiling (currently $31.4 trillion) is not raised, the government would not be able to borrow more money to pay its bills, which could lead to a default on its …
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 …
[December 2022 update] Despite attempts by Democrats to restore the CTC to expanded pandemic levels, it is unlikely a funding bill will be passed before the end of the year. As a result the CTC will return to pre-pandemic levels and can only be claimed via your tax return filing. …
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 …
I’ve been blogging on and off for the last ten years while holding down a full-time job and supporting a growing family with the associated lifestyle inflation that comes with that. But one thing that has made me financially secure is that even if I didn’t have my job I …
Despite a lowering of child and dependent care tax credits, many families will continue to get these valuable payments when filing a tax return in 2022 and 2023. But if you don’t need the money or bonus refund payment to meet the most basic of needs like food and clothing, …
Following the wide spread availability of vaccines and rapid rollback of COVID related restrictions and regulations around travel, millions of Americans are breaking their virtual shackles and overcoming a major case of cabin fever by going on much needed vacations. With pandemic related fears in the rear view mirror (domestically …
The Pandemic Unemployment Assistance (PUA) program was put in place primarily for those out-of-work Americans who are not eligible for regular state unemployment benefits and are unemployed, partially unemployed, or unable or unavailable to work because of certain health or economic consequences of the COVID-19 pandemic. This includes independent contractors, …
As I update this article, it seems most major Cryptocurrencies are oscillating on a seemingly daily basis by several percentage amounts following news of regulatory crackdowns, exchange collapses (FTX anyone?), broad market corrections or due to everchanging sentiments on social media. Further with more digital “coins” and decentralized finance platforms …
According to the IRS calling them won’t expedite your tax refund payment delays. This is apparently because the information available to IRS call center representatives is the same as that available on their WMR (Where’s My Refund) tool. But l beg to differ. There is always value in talking to …