Month: January 2021

Andy Beshear, governor of Kentucky Scotty Perry/Bloomberg via Getty Images Kentucky is sending $400 checks to thousands of unemployed workers in the state who didn’t qualify for an earlier round of relief authorized by President Donald Trump. Other workers whose jobless benefits have been significantly delayed will get $1,000 one-time payments. Gov. Andy Beshear signed
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Alistair Berg | DigitalVision | Getty Images Many jobless workers are about to find out they could owe federal and state taxes on their 2020 unemployment income. The news might be particularly unexpected for independent contractors and self-employed people who normally aren’t eligible for state benefits, but may have received Pandemic Unemployment Assistance through the
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The simplest and most seemingly innocent things are costing lives. It’s natural for us to want to gather, no matter what warnings the CDC issues about Covid-19. Holidays are so important that many people chose to travel for family gatherings, figuring that they could minimize risks by sanitizing surfaces and wearing masks on planes or
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The red fire pumps by the real squad fire truck in Chicago Fire Department at the quarters of Engine … [+] Co. 5, filmed in the legendary series ‘Chicago Fire.’ getty In the Chicago Sun Times on Monday, a headline: “Illinois Senate passes firefighter pension bill over mayor’s strenuous objections.” “With the spotlight focused elsewhere
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Economic Security Planning, Inc. Today’s column addresses questions about what happens to a person’s benefit when an ex files on their record, how to file for retirement benefits after taking spousal benefits first and whether it would be a good idea to take early retirement after disability benefits. Larry Kotlikoff is a Professor of Economics
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12 January 2021 Most of the commentary about indirect tax changes arising from the end of the Brexit withdrawal period has been on the movement of goods between the UK and EU and vice versa. While not as high profile or as wide-ranging, there were also changes relevant to organizations providing services.  Services businesses also
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The total U.S. national debt currently stands at $27.6 trillion, or $21.6 trillion if one excludes … [+] intragovernmental debt (such as that owed to the Social Security and Medicare trust funds). getty When President-elect Biden begins rolling out his ambitious recovery agenda on Thursday, economists and policymakers will debate to what extent it should
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