The US shut down totally in the wake of the onset of the COVID-19 pandemic. It led to millions of families finding themselves completely without any source of income for the first time in their lives. The economic crisis of the pandemic was as acute and intense as the...
There are no longer any stimulus checks offered. One such measure is implementing state stimulus checks. The economic impacts of the coronavirus pandemic are still being felt throughout the country, and many states are seeking methods to assist their population.
Many states are attempting to provide one-time payments to their...
Stimulus Checks seem unlikely. It's been almost three years since the shutdown of the American economy. Even though many of us had personal connections to those who had perished from COVID-19, we understood relatively little about the virus itself. Millions of us have become used to participating in Zoom...
Inflation reached historic levels in the US in 2022, beating a 40-year-high. And with it came an unprecedented rise in the price of goods ranging from groceries to gasoline. The services sector was equally affected. People struggled to manage with existing wages as the value of the dollar plummeted...
The 2023 tax filing season kicked off on January 23. With fewer limitations due to the epidemic and more tax authorities back at work (including new personnel at the IRS), many are optimistic that this year's tax season will be less hectic than in previous years.
Thus far, it seems...
Many Americans could still be eligible for a stimulus check-in in 2023. The payments will come in both from the federal and state administrations. The federal stimulus checks could be in the region of 10 million, according to data released by the US Government Accountability Office (GAO).
The federal stimulus...
Last year inflation skyrocketed in the united states, which made many states issue Inflation Relief Checks, to boost confidence and the bank balance.2022 inflation created history, something never happened before. Little money possibly helped a million residents to bring food to the table, many failed to keep their homes....
To ease the financial strain of Americans experiencing record-high inflation, the federal government has started changing tax rates and monthly Social Security payments.
Do you think the government could give another round of stimulus payments to fight inflation? Americans were given three Stimulus Checks throughout 2020 and 2021 to help them...
Much of the Stimulus Check funding has already been spent, but in states where distribution took longer, some Stimulus Checks will still be distributed as late as 2023. Eight US states will continue to get stimulus cash through 2023, and we've compiled a list of them here.
Is A Stimulus...
The Biden administration has announced its plans for the latest round of stimulus check payments aimed at providing financial aid to millions of Americans affected by the ongoing pandemic. As per the latest updates, the average payment per person is expected to be $1,200, with some individuals receiving up...
Millions of stimulus checks were sent out to Americans covering a vast range of income groups and demographics. While it was the federal government that stepped in immediately after the pandemic was declared, in 2022 it was the state governments that ensured that people received some form of support....
The first three payments which were issued since the pandemic lasted till 2021 March. However, those stimulus checks were issued for covid 19 related emergencies. The deadly pandemic affected the financial, mental, and emotional health, worldwide. Within a day people's lives turned upside down. And from 2021 lifestyle started...
Taxpayers in the United States are being warned to stay vigilant as tax scams have seen a sharp increase of 55% by 2023. In 2020 alone, the IRS reported losses of an estimated $2.3 billion due to tax-related fraud.
Tax fraud is a type of white-collar crime that involves using...
The expanded Child Tax Credit for 2021 which brought in a generous stimulus check for families with children is a thing of the past. President Biden’s earnest attempts at stretching it through 2025 collapsed in the face of sustained opposition from the Republicans. And now a new set of...
California tends to receive golden state stimulus checks which are worth up to $1050, and it is declared to be the outstanding amount for the residents. Different states are sending out different types of payments which depend upon the tax amount. And by now they should have gotten their...
The tax filing day is almost round the corner, and as a responsible American taxpayer, you should also get into that conversation. Here are a few things we think you must know to file your taxes for this year safely.
There is now no final solution to the enormous problem...
Supplemental Security Income (SSI) is a strictly need-based program based on income and assets and is funded by general tax funds. It does not derive its funding from the Social Security Administration funds, though both are under the management of the Social Security Administration.
Another thing common between the two...
Many Americans had cause to rejoice when Congress passed the American Rescue Plan in March 2021. That enormous stimulus check package not only made it possible for a second round of $1,400 stimulus checks but also significantly increased the value of the Child Tax Credit.
In all, the federal stimulus...
South Carolina residents have only 15 days to claim their last stimulus check, which is being issued after a lot of struggle from the residents and state governors. It would be stupid if anyone still fails to claim it again. In the beginning, when the first payment was issued...
Stimulus Check is coming to help but the COVID-19 emergency benefits USA Citizens were getting are soon to be cut off by the government. As the COVID-19 pandemic continues to wreak havoc around the world, many countries, including the United States, declared a national health emergency that granted temporary...