One of the direst effects has been the financial impact that has resulted from job layoffs and mandated quarantines. The closing of bank branches across the United States reflects the economic impact many have had to endure.

There 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.

Estate planning is an essential part of creating financial stability. An estate plan helps your family and friends understand your wishes, and it assigns beneficiaries while you are living and after your death.

When you look at your paycheck, and you see various deductions regarding social security and state taxes, among other taxes, you may start to wonder where all your money is going. Financial literacy includes understanding paycheck deductions and becoming attuned to your money.

Many of us are told by our teachers, counselors, and parents that college is the best choice. However, going to college is not for everyone. Choosing to attend college is a personal choice and should be considered an investment.

Will and trusts are created in anticipation of someone’s incapacitation or death. When a person dies, a will and a trust can prevent their children and other loved ones from experiencing extreme financial hardship.

The protests are calling for a change in a system that is long overdue. If you can’t physically march amongst your allies, you still have the power to evoke change using your hard-earned dollars.

Whether you are new to investing or you’ve been investing for a while, it’s always good to research different investment options that can better fit your financial goals. Depending on your financial goals and risk tolerances, investing can be a potential avenue to build wealth because it allows your money to work for you.

The CARES Act provides financial support to those who have been laid off due to the coronavirus outbreak. The CARES Act includes three different unemployment compensations strategies which are the Federal Pandemic Unemployment Compensation, the Pandemic Unemployment Compensation, and the Pandemic Unemployment Assistance.

The 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.

Many people are being laid off due to companies being uncertain of the economic crisis due to Covid-19 pandemic. In fact, some experts have even predicted that unemployment will reach 20 percent. These U.S. companies are currently hiring.

If you owe something, then you haven't been paying enough, and the Internal Revenue Service (IRS) could add penalties and interest to what is already owed.

On January 24, 2022, people can begin filing their federal tax returns for the 2021 tax year. Individual income tax preparation can be tricky, and it is essential that all of the values included when filing your return are accurate.

We cover the top 10 cities where the average salary won't cover your living expenses.