Finance

Former Trump Aide Mark Meadows Fails to Appear Before Jan. 6 Committee

Former Trump Aide Mark Meadows Fails to Appear Before Jan. 6 Committee

WASHINGTON — Mark Meadows, the last chief of staff for President Donald Trump, did not show up to a hearing. It was by the House committee that is investigating the attack on Jan. 6. The meadows did not show up for the deposition. A dozen people walked out of the room, including investigators and staff. …

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IRS Boosts 2022 Standard Deductions for Inflation Relief (1)

IRS Boosts 2022 Standard Deductions for Inflation Relief

The good news is that taxes are going up. The tax deduction for married couples filing jointly has gone up to $25,900. It was $25,000 before. For single people and people who are married but not filing jointly, the deduction went up to $12,950, and for heads of households, it went up to $19,400! The …

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Dassel Couple Charged with Multiple Tax Crimes (1)

Dassel Couple Charged with Multiple Tax Crimes

The Meeker County Attorney charged Kyle David Ackerman and his wife with multiple tax crimes. Kyle was charged with one felony count of each of these: failing to file withholding tax returns, failing to remit income tax withholdings to the Minnesota Department of Revenue, failing to pay corporate franchise tax, and failing to file W2 …

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New Benefit Rules on claiming Universal Credit and ESA at the same time

New Benefit Rules on claiming Universal Credit and ESA at the same time

The DWP has made changes to the rules for people who claim ESA at the same time as Universal Credit. Many people need more money. The Universal Credit boost is ending after 18 months. The Chancellor’s budget promised that people on Universal Credit and working would get an extra £1,000 a year. He said they …

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Small Business Loans Still Helping Pandemic Recovery (1)

Small Business Loans Still Helping Pandemic Recovery

During the pandemic, the Small Business Administration (SBA) got a lot of attention for its COVID-19 relief programs. Its Paycheck Protection Program (PPP) gave many American businesses loans in 2020. A huge bank in Tennessee processed more than $405 million in PPP loans, which saved many businesses because of the bad effects on the U.S. …

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Joe Biden Announces Deal, Seeks Votes 'let's Get This Done' (3) (1)

Joe Biden Announces Deal, Seeks Votes: ‘let’s Get This Done’

President Joe Biden said he had reached a “historic economic framework” with Democrats in Congress on his domestic policy package. This is a hard-fought deal that is short and not as good as the president wanted. But it’s something. Biden’s speech at the White House came after he went to Congress to try to get …

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Democrats Try to Back Joe Manchin Off Killing Paid Family Leave Proposal

Democratic senators tried to help centrist Sen. Manchin, who was against a national paid family leave program. He didn’t want it taken out of the budget reconciliation package. A Senate committee led by Patty Murray and Kirsten Gillibrand, two women who want to pay family leave, talked to Joe Manchin on the Senate floor. They …

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Private Student Loan Bankruptcy Everything You Need To Know

Private Student Loan Bankruptcy: Everything You Need To Know

If you cannot pay your debts, you can go to court. You have protection from your creditors. But it is hard to discharge a private student loan in bankruptcy because the process can be tricky and difficult. Read on to learn how the procedure works now as well as how recent court cases and pending …

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What Is 'Wealth Tax,' and How Would It Work

What Is ‘Wealth Tax,’ and How Would It Work?

President Joe Biden wants to get big money from billionaires. Big money is needed for his economic and social agenda. Biden didn’t endorse a “wealth tax” when he campaigned last year. But his more conventional suggested rate hikes on the income of large corporations and the wealthiest Americans have hit a roadblock. This is a …

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Child Tax Credit Update Families Will Get Paid $7,200 Per Child in 2022 by IRS (1)

Child Tax Credit Update: Families Will Get Paid $7,200 Per Child in 2022 by IRS

The IRS will give you money for your child’s taxes in 2022, but you should sign up and get money now. The whole family might get $7,200 next year if they do. The law signed by President Joe Biden, The American Rescue Plan, gives $300 per child under six and $250 per child in the …

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