Tag: Unemployment

CARES Act: Can self employed people apply for the CARES Act this year?

CARES Act: Can self employed people apply for the CARES Act this year?

The CARES Act began two years ago at the start of the COVID-19 pandemic to provide financial relief to American people. It was signed into law in March of 2020 by President Trump. The financial relief for was many different people, including ... MORE
CARES Act, News, Unemployment
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Unemployment: Florida benefits explained

Many Americans sometimes find themselves unemployed and in need of assistance. The federal program can be accessed through your state of residence. In Florida, you may collect unemployment benefits if you’re unemployed at no fault of your own. This is temporary assistance ... MORE
News, Unemployment
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Unemployment benefits in California, how to qualify

Many Americans benefitted from unemployment benefits throughout the pandemic, and like most states, California has a process as well. While most states have an unemployment process, rules and what you earned before applying differ between states. When you apply for benefits, you ... MORE
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Unemployment: Are benefits taxed income?

Americans are preparing their taxes, and after the pandemic caused higher rates of unemployment, people are confused. There were a lot of issues with the 2020 tax returns and unemployment thanks to changes under the American Rescue Plan. Now, people are wondering ... MORE
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IRS: Unemployment benefits and tax refunds

In 2020 taxpayers collecting unemployment were lucky enough to not pay taxes on the first $10,200. In 2021, they need to pay taxes to the IRS on their benefits. This move was made under the American Rescue Act when President Joe Biden ... MORE
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IRS: Is my unemployment taxable income?

The pandemic has caused a lot of Americans to collect unemployment over the last two years, but can the IRS tax that? The answer for this year is yes. Last year the American Rescue Plan passed a measure that would exempt the ... MORE
Unemployment benefits and 2022 tax returns

Unemployment benefits and 2022 tax returns

25 million Americans received unemployment benefits last year, and they will need to pay taxes on them. Congress passed a law in 2020 making the first $10,200 of unemployment taxes untaxable income. They have not done the same for 2021. It is ... MORE
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These states will pay workers unemployment who refuse to get the COVID-19 vaccine

There are currently 5 states that will give employees that refused the vaccine unemployment benefits by law. Normally under these circumstances, employees fired would not qualify for unemployment benefits. According to AS.com, that is not the case for Arkansas, Florida, Iowa, Kansas, ... MORE
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Take action now to see if you’re eligible for surprise end of year $1,000 stimulus check

The deadline to claim a $1,000 stimulus check in one state is coming up quickly, so it’s important to check eligibility. Many states are offering a helping hand this holiday in the form of stimulus payments. In Connecticut, out of work residents ... MORE
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Will you need to pay back your unemployment benefits? 900,000 Americans might have to

In California, hundreds of thousands of people may need to pay back their unemployment benefits. The state provided 2.9 million individuals with unemployment benefits after the pandemic began in March of 2020. Notices were sent by the Employment Development Department in California ... MORE
News, Unemployment
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Refuse to get vaccinated? These states are offering unemployment for refusal to get the vaccine

Employers across the nation are telling their employees if they refuse the COVID-19 vaccine they would face termination. The daily average remains around 80,000 for the United States and the Omicron variant is emerging. As this happens, some states are offering unemployment ... MORE
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Finger Lakes region does well in October unemployment numbers

Yates County had the lowest unemployment rate in the state in October, according to figures released by the state Labor Department. The jobless rate came in at 3.1%, just ahead of Ontario and Tompkins Counties, tied for fourth at 3.5% Wayne County ... MORE
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4.4 million people quit their jobs as unemployment benefits ended: Are businesses going to close?

Over 4 million people quit their jobs in September. The Department of Labor reported that 4.4 million workers quit in September, the same month extended unemployment benefits ended in parts of the U.S. It was the second straight month that saw millions ... MORE
News, Unemployment
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11.7 million Americans finally get their unemployment tax refunds after three months, totaling $14.4 billion

11.7 Americans were eligible for a tax break that made it so the first $10,200 of unemployment collected was untaxed. Those that filed before the law was passed March 11 are being refunded if they overpaid on their taxes. The tax break ... MORE
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Some workers should amend 2020 tax returns if still waiting for $1,189 unemployment tax refund

Some workers are still waiting for that $1,189 unemployment tax refund they paid taxes on this year. Around 430,000 refunds were sent out this week with an average worth of $1,189 per check. Unemployment benefits are normally considered taxable income, but for ... MORE
News, Tax Refund, Unemployment
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Are you still waiting for the $10,200 unemployment tax refund? Here’s how to check the status

A lot of people filed their taxes before the American Rescue Plan went into law. If that’s the case, those people may be entitled to a refund for their taxed unemployment income. The law included a $10,200 tax exemption for unemployment benefits ... MORE
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Unemployment rates across New York continue to fall: Some counties have under 4% unemployment

The state Department of Labor released updated numbers on unemployment rates around Upstate New York. While business advocates have argued that extended unemployment benefits made for lackluster participation – the latest numbers indicate that people are headed back to work. New York ... MORE
News, Unemployment
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After 4.3 million leave the workforce in August, thousands more go on strike demanding better conditions

Thousands of workers across the nation are ready to quit their jobs for better ones, and in August millions of people left the work force. Businesses and entire industries are struggling to keep employees at a time like this. 10,000 employees went ... MORE
Business, News, Unemployment