The cessation of Child Tax Credit payments has had detrimental effects on individuals’ livelihood. The study shows that 3.7 million children have fallen back into poverty this year. The families haven’t received the Child Tax Credit for two months now; the credit expired in December last year. NPR reports that the child poverty rate in … Read more
Any American citizen who received monthly payments under the expanded child tax credit could be in for a nasty surprise with his tax refund if he owes a debt to the Federal Government reports the nj.com. U.S. parents received 50% of the 2021 child tax credit in monthly installments from July to December 2021. The … Read more
In some recent good news, on the 16th of February, 2022 – Oregon Democrats have reintroduced a bill to give low-income wage earners $600 stimulus checks. According to KTVZ, Democrats in the Oregon House have reintroduced a bill promoting such once of payments to low-wage earners living in the state. This article will look at … Read more
The COVID-19 pandemic had a huge effect on the US economy. As a result, many US citizens ended up losing their jobs and/or income. As a result, the US government issued various stimulus checks or tax rebates to relieve millions of middle and lower-income families during the pandemic. However, even homeowners felt the result of … Read more
After just 2 months without the child tax credit payments, people are already struggling with numerous issues. The advance child tax credit payments were canceled in December, which has raised some serious concerns in US families. Parents struggling without the Credit Payments An advocacy group called the ParentsTogether Action recently surveyed and found that more … Read more
Social security checks offered to various families and citizens has been a great support to meet the financial needs and ensure stability. In the light of the same, the social security recipients can now connect with the SSA for the payment schedule released and also can find the future timeline of the payments checks. The … Read more
There is some more good news this tax season. According to an online report by CNBC, certain US borrowers will get an extended reprieve. The report makes it clear that such borrowers have received a postponement or reprieve during this continued COVID-19 pandemic. All of this is made possible, according to the report, due to a pause … Read more
As 2022 is now well underway, the COVID-19 pandemic is all but over. As a result, inflation is the highest in the US for 40 years – 7.5%. Unfortunately, though, as it stands, the federal government will not be sending out any more stimulus money. However, according to an online news report by Marca, there … Read more
Calfornia is providing $1,100 stimulus checks to low-income residents. The individuals need to claim the benefits till February 15. Residents with annual income below $75,000 and living in California for at least 6 months in 2020 are eligible for the benefits. The US Sun reports that several states offer Universal Basic Income (UBI) to the … Read more
Thousands of artists in New York will receive $1,000 per month for creating artworks. The state will issue the monthly benefits under the Creative Rebuild New York; this scheme will allow the artists to showcase their attractive skills and earn decent profits. Yahoo Money reports that artists with financial needs will be eligible for this monthly … Read more