On Jan. 24, 2022, the Internal Revenue Service (IRS) began accepting and processing 2021 income tax returns. During this period, individuals can begin their individual tax returns and can hope for a chance of receiving their tax returns within 21 days.
by Matin VarshochiInflation is when the price for the same amount of goods (i.e., groceries) or services (i.e., getting a haircut) increases. Inflation affects everything involving the economy from food and clothing to employment wages and interest rates.
by CapWayParents who qualify for a stimulus check are eligible to receive an extra $1,400 if they give birth anytime during 2021, according to the new COVID-19 relief bill, which Congress passed on March 10, 2021.
by CapWayPresident Joe Biden signed the latest Covid Relief bill on Thursday, March 11, 2021. The $1.9 trillion package includes up to $1,400 in direct stimulus aid, additional weekly unemployment supplements of $300.
by Viviana VazquezThere has been much confusion around whether unemployment benefits under the CARES Act are taxable or not. As an unfortunate surprise to many, the unemployment benefits are indeed taxable.
by CapWayOn December 27, 2020, President Donald Trump signed the $900 billion coronavirus relief bill that included $600 checks to millions of Americans struggling financially amidst the ongoing pandemic.
by CapWayThe Internal Revenue Service (IRS) has started sending out COVID-19 stimulus checks, also known as the Economic Impact Payment, via direct deposit to millions of Americans. You can now use the IRS portal to "Get My Payment" status.
by CapWayThe federal government passed a $2 trillion stimulus bill to help lift any financial burden off of Americans.
by Nailah HerbertThe spread of COVID-19 in the United States has put millions of people out of work and has more than 17 million Americans filing for unemployment.
by Nailah Herbert