Economy

Woman Admits to $145 K Stimulus Check Fraud

Woman Admits to $145K Stimulus Check Fraud

Modesto woman pleads guilty to conspiring to commit wire fraud and aggravated identity theft in filing over $145,000 in stimulus check claims in San Francisco federal courthouse on Friday. An indictment charging 51-year-old Sheila Denise Dunlap with a wire fraud conspiracy to file dozens of fake applications for Economic Impact (EIP) payments, better known as …

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Gas Prices at The Pump: This Is What Fuel Is Costing People in Houston Area

Gas Prices at The Pump: This Is What Fuel Is Costing People in Houston Area

Houston — The Russian invasion of Ukraine is raising tensions, so we’ve compiled a list of Houston gas prices you should be aware of. According to the non-profit American Automobile Association, petrol prices in Texas were an average of $3.61 on Saturday and $4.01 nationwide. This page displays current pricing. According to AAA, the highest …

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How Will Your Social Security Stack Up to the $4,194 Max?

How Will Your Social Security Stack Up to the $4,194 Max?

$4,194 per month is the maximum monthly Social Security payout in 2022. Many retirees would live well on that amount of retirement income. Will the Social Security Administration indeed send you $4,194 in monthly benefits? For this amount of money, here are the steps you should take. You’re in the top 6% of earnings in …

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When the IRS Suspends Collection Notices, Does This Mean that Unpaid Taxes Will Still Accrue Interest?

When the IRS Suspends Collection Notices, Does This Mean that Unpaid Taxes Will Still Accrue Interest?

As a result, the IRS is currently dealing with a massive backlog of tax returns totaling millions of dollars. As a result, collection alerts have been temporarily halted. However, people who owe cash on their debts should not ignore this advice. According to Erin Collins, a Nationwide Taxpayer Advocate, a stopped notice does not always …

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4th Stimulus Check CONFIRMED by Joe Biden and Senate, $1400 Check and More Updates

4th Stimulus Check CONFIRMED by Joe Biden and Senate, $1400 Check and More Updates

How long will the epidemic last? This is by far the most many times requested question. Even the government’s budget is in jeopardy due to the ongoing outbreak… The unexpected coronavirus epidemic has already claimed the lives of a significant number of people. Every country’s financial budget has been compromised. During the epidemic, western nations …

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Benefit Recipients Should Know About These Coronavirus Stimulus Check Tax Credits

Benefit Recipients Should Know About These Coronavirus Stimulus Check Tax Credits

You may be able to claim a few tax credits this year, even if you don’t get a stimulus check from the federal government. If they haven’t previously been claimed, these tax credits for coronavirus stimulus checks… You may be able to claim a few tax credits this year, even if you don’t get any …

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The $8,000 Child Tax Credit that Many Parents May Not Know About

The $8000 Child Tax Credit that Many Parents May Not Know About

The federal Child Tax Credit is well-known to most American families with children, as more than 60 million families received increased payments in 2021. Even though the Child Tax Credit (CTC) may be more widely recognized, there’s another tax advantage specifically for parents that can provide up to $8,000 in tax credits this year. The …

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Biden Heralds Unemployment Numbers, Higher Wages to Soften Inflation Rise

Biden Heralds Unemployment Numbers, Higher Wages to Soften Inflation Rise

On the same day that the Department of Labor reported that the United States is experiencing its biggest inflation rate increase in four decades, President Joe Biden praised a decline in jobless claims and an increase in pay for American workers. It’s encouraging to see lesser numbers of claims and greater wages for American workers, …

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The IRS Can’t Figure Out How to Tax Gig Workers

The IRS Can’t Figure Out How to Tax Gig Workers

The IRS is cracking down on the gig economy, considerably reducing the bar for disclosing money earned outside of established employment. However, if you haven’t been declaring your side hustle, the new law is unlikely to make you do so. Venmo and other payment apps must notify the IRS if a user makes more than …

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Is now the time to claim the research and development tax credit?

Is Now the Time to Claim the Research and Development Tax Credit?

Is this the right moment to address the R&D tax credit because of today’s turbulence in the stock market, food shortages, and airline travel restrictions? To put it simply, the answer is “Yes!” In the face of so much uncertainty, how can we be so convinced that it’s time to investigate claiming the R&D tax …

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