Posts filtered by tags: Social Security[x]


Tax, other scammers take advantage of coronavirus fears

Pixabay/CDC Coronavirus relief checks still are weeks away from arriving in our bank accounts or snail mail boxes, but crooks already are trying to trick us out of the money. The Better Business Bureau (BBB) says its ScamTracker already has detected crooks impersonating as government officials and calling about the money authorized under the just-enacted Coronavirus Aid, Relief and Economic Security (CARES) Act. New hooks, old scams: COVID-19 is a new bait, but the scam scenarios are ou...
Tags: Facebook, Taxes, Fcc, Fbi, Social Security, Treasury, SEC, Fda, Facetime, Irs, Cisa, Don, World Health Organization WHO, Internal Revenue Service, Treasury Department, Food and Drug Administration FDA

Joe Biden is the worst imaginable challenger to Trump right now

For anyone plugged in to the news firehose about the coronavirus pandemic, it has been extremely bizarre to watch President Trump's approval rating. He has botched the crisis beyond belief, and the United States now has the biggest outbreak in the world. Because of his ongoing failure to secure stockpiles of medical supplies, doctors and nurses are re-using protective gear over and over, and suiting up in garbage bags and page protectors to treat COVID-19 patients. Some have already caught t...
Tags: New York, News, Minnesota, Washington, America, Joe Biden, United States, Social Security, Elton John, Medicare, Biden, Seattle, Andrew Cuomo, Rhode Island, Cuomo, Trump

What the $2.2 trillion coronavirus relief package means for Southern California

Now that President Donald Trump has signed a record-breaking $2.2 trillion stimulus bill aimed at buffering economic fallout from the coronavirus pandemic, politicians, financial experts, workers advocates and others are weighing in on what the relief package means for Southern California. The fact that the largest stimulus bill in modern American history passed with unanimous bipartisan support at a time of hyperpartisan American politics speaks to the magnitude of the crisis, according to Kevi...
Tags: Politics, News, California, Washington, Sacramento, Los Angeles, Sport, Soccer, Gop, Social Security, Treasury, Lausd, Kennedy Center, Orange County, Donald Trump, Southern California

Coronavirus relief: When will checks come? This and other FAQs on $2.2 trillion relief package

The $2.2 trillion relief package approved Friday to help Americans cope with the economic fallout of the coronavirus pandemic has left many people with more questions than answers. That’s in part because the bill is long, at nearly 900 pages. It’s also complex, covering everything from checks for individual taxpayers to hospital funding to student loan payment deferrals. What’s more, for a bill of this size, it was ushered through at break-neck speed, with many changes along the way. Here are an...
Tags: Politics, News, Washington Post, Los Angeles, Barack Obama, Sport, Green, Soccer, United States, Social Security, Treasury, Green Cards, Irs, National Politics, Cal State, Steven Mnuchin

Trump Signs $2.2 Trillion Coronavirus Stimulus Package

WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law Friday, after swift and near-unanimous action by Congress this week to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus epidemic. Acting with unity and resolve unseen since the 9/11 attacks, Washington moved urgently to stem an economic free fall caused by widespread restrictions meant to slow the ...
Tags: New York, News, Congress, Washington, Senate, Ap, Earth, Gop, Wyoming, House, Iowa, House Of Representatives, Social Security, Treasury, Nancy Pelosi, Republican

House Passes $2 Trillion Coronavirus Relief Bill

WASHINGTON (AP) — Acting with exceptional resolve in an extraordinary time, the House rushed President Donald Trump a $2.2 trillion rescue package Friday, tossing a life preserver to a U.S. economy and health care system left flailing by the coronavirus pandemic. The House approved the sweeping measure by a voice vote, as strong majorities of both parties lined up behind the most colossal economic relief bill in the nation’s history. It will ship payments of up to $1,200 to millions of Americans...
Tags: News, Congress, Washington, Senate, White House, America, Barack Obama, Ap, Gop, House, House Of Representatives, Social Security, Nancy Pelosi, Bill, Republican, Federal Reserve

Social Security recipients to get checks under coronavirus stimulus bill. Here’s how

People who receive Social Security benefits are still eligible without having filed a tax return.
Tags: News, Social Security

COVID-19 advance tax credit payments: good, bad & ugly

We're a third of the way to coronavirus relief checks. Last night (March 25), the Senate approved the massive measure, which includes in its 880 pages payments of $1,200 per person and $500 per dependent child. (More on this in a minute.) The bill, known as the Coronavirus Aid, Relief and Economic Security (CARES) Act, now goes to the House for approval. There may be some procedural stumbling blocks, but it's expected to pass there, probably by voice vote to avoid the congregating caused by a r...
Tags: Taxes, Congress, Senate, White House, House, Social Security, Treasury, Ira, Social Security Administration, Msnbc, Sam, Agi, Irs, Don, Internal Revenue Service, Treasury Department

Senate passes $2.2 trillion coronavirus rescue package on unanimous vote

By ANDREW TAYLOR and LISA MASCARO WASHINGTON (AP) — The Senate late Wednesday passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The unanimous vote came despite misgivings on both sides about whether it goes too far or not far enough and capped days of difficult negotiations as Washington confronted a national challenge unlike it has ever faced. The 880-page measure is the largest economic...
Tags: Europe, Politics, New York, News, Congress, Washington, La, Senate, White House, Sport, Ap, Fbi, Soccer, United States, House, Italy

Student loan stimulus: Suspended payments, plus coronavirus relief from collections

Because of coronavirus, the feds will no longer withhold tax returns, wages or Social Security payments from delinquent student loan borrowers.         [Author: USA TODAY]
Tags: Usa, News, Social Security, Usa Today

Student loan borrowers will see coronavirus relief from wage garnishments, collections

Because of coronavirus, the feds will no longer withhold tax returns, wages or Social Security payments from delinquent student loan borrowers.         [Author: USA TODAY]
Tags: Usa, News, Social Security, Usa Today

Latest COVID-19 email scams target remote workers by citing economic stimulus checks, out-of-office bosses, and health insurance, experts warn

Work-related "phishing" is the biggest cybercrime in the world, the FBI warns, and it is increasingly aimed at remote workers. A new wave of emails seek personal information in the guise of providing an economic stimulus check from the government. Remote workers are particularly vulnerable because they are often working alone, surrounded by distractions, and without nearby colleagues to consult. Recipients should avoid clicking on links or downloading attachments, and can always forward suspic...
Tags: US, NFL, Trends, Fbi, Social Security, World Health Organization, Sadler, Proofpoint, Tim Sadler, Solidarity Response Fund, Stan Lowe

White House, Congress agree on $2 trillion coronavirus rescue bill

By ANDREW TAYLOR, LISA MASCARO and JONATHAN LEMIRE WASHINGTON — The White House and Senate leaders of both major political parties announced agreement early Wednesday on an unprecedented $2 trillion emergency bill to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently needed pandemic response measure is the largest economic rescue measure in history and is intended as a weekslong or monthslong patch for an economy spiraling into rec...
Tags: Health, Business, News, Congress, California, Washington, Senate, White House, New York City, Uncategorized, Los Angeles, Sport, Soccer, United States, Social Security, Fox News

Pelosi’s $2.5 Trillion Virus Bill Delays Mortgage, Car Payments

(Bloomberg) -- House Speaker Nancy Pelosi unveiled a $2.5 trillion virus economic stimulus plan in a bid to shape negotiations on a Senate measure that stalled on Monday, triggering a sell-off in U.S. equities markets.Pelosi’s 1,400-page bill would have broad implications for the financial sector. It would force lenders to grant a temporary reprieve from mortgage and car payments and credit card bills. It would order the Federal Reserve to provide loan servicers with liquidity to allow borrowers...
Tags: New York, News, Congress, Washington, Senate, America, Bloomberg, Democrats, Gop, House, Social Security, Treasury, Mitch McConnell, Nancy Pelosi, Airlines, Federal Reserve

Scammers Trick Medicare Recipients With Fake COVID-19 Tests

WASHINGTON (AP) — Scam artists are preying on older people’s fears by peddling fake tests for the coronavirus to Medicare recipients, a federal law enforcement agency warned on Monday. The Health and Human Services inspector general’s office said it’s seeing marketing schemes rapidly pivot to offering tests for COVID-19 and “Senior Care Packages” with hand sanitizer or even tout a vaccine, which doesn’t exist. Some marketers falsely claim that President Donald Trump has ordered that seniors g...
Tags: Florida, News, Washington, Ap, Social Security, Medicare, Associated Press, Donald Trump, Trump, Health And Human Services, Mike Pence, HHS, Schrank, Nicole Lafond, National Center for Disaster Fraud, COVID-19

Coronavirus Update 3-21-2020: Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for businesses

The Department of Treasury, the Department of Labor, and the IRS announced impending regulations that will help covered businesses navigate the paid family and sick leave provisions of the Families First Coronavirus Response Act, including available tax credits, the small employer exemption, and a 30-day non-enforcement grace period. Refresher: What Leave Does the Act Provide? The Act provides that eligible employees of covered employers can receive: up to 80 hours of paid sick leave at 100 p...
Tags: Law, Labor, Social Security, Medicare, Irs, U S Department of Health and Human Services, The IRS, The New York Public Library, Jon Hyman, Treasury IRS, Department of Treasury the Department of Labor, Small Business Exemption Businesses

Recent ‘Baby Boomer’ Class Has Less Wealth Than Prior Classes

The most recent cohort of Americans who are part of the “baby boomer” generation – typically classified as people born between 1946 and 1964 – are less wealthy when compared to older baby boomers, putting them at greater risk of financial instability in retirement. This is according to a new brief by researchers Anqi Chen, Wenliang Hou and Alicia H. Munnell and published by the Boston College Center for Retirement Research (CRR). “Over the last 40 years, the retirement system has shifted from...
Tags: Featured, Retirement, Finance, Social Security, Ira, Federal Reserve, University Of Michigan, Boston College, SCF, HRS, CRR, Alicia H Munnell, Center for Retirement Research, Boston College Center for Retirement Research CRR, Anqi Chen Wenliang Hou

Businesses tax relief in bipartisanly-approved COVID-19 bill

The House-passed H.R. 6201, Families First Coronavirus Response Act does not — I repeat, does NOT — include a change in the upcoming federal tax filing and payment deadline. That did happen, but separately, as detailed in my April 15 Tax Day deadline and delay Q&A post.  There's also no change to the payroll taxes that come out of our paychecks. So right now, expect your regular pay to remain the same. And keep working on those federal tax forms with April 15 as your deadline. What we do know, ...
Tags: Taxes, Congress, Senate, White House, Gop, House, Social Security, Treasury, Michigan, Trump, Congressional Research Service, Joint Committee, House Ways and Means Committee, Justin Amash, COVID

Social Security offices closed: How to get help with benefits during coronavirus pandemic

The Social Security Administration is closing its offices throughout the country to protect workers and the public from the coronavirus.         [Author: USA TODAY]
Tags: Usa, News, Social Security, Usa Today, Social Security Administration

24 Tax Scams to Watch Out For

The tax season can be a stressful period for businesses. This period is marked with pressures to file for returns by a deadline and it inadvertently provides good opportunities for scammers to strike.  Scammers pounce on opportunities to steal your sensitive data, identity theft or trick you out of money by employing elaborate ruses using tax scams. Tax scams can involve criminals impersonating IRS agents, government agencies, customer support employees and more. They can reach out to you in pe...
Tags: Taxes, Sales, Social Security, Social Security Administration, Irs, Federal Trade Commission, Don, Internal Revenue Service, Tax Scams, Taxpayer Advocacy Panel, Taxpayer Advocacy Panel TAP, Easy Money Lure Often

Top US health agency hit by cyber-attack amid coronavirus outbreak – live

US Health and Human Services Department hackedBiden and Sanders team mull debate reactionCoronavirus – latest updatesSee all our coronavirus coverageBiden and Sanders confront coronavirus crisis in debateSupport the Guardian’s independent journalism. Make a contribution 2.33pm GMT The White House, exercising “an abundance of caution”, announced Monday it had cancelled its annual Easter Egg Roll. The Office of the First Lady cited the recent National Emergency declaration over the growing cor...
Tags: Senate, White House, US, World news, Joe Biden, US news, US politics, Social Security, Medicare, Biden, Donald Trump, Vermont, Bernie Sanders, Sanders, Melania Trump, US elections 2020

After Bernie Sanders directed viewers to 'The YouTube' during the Democratic debate, YouTube changed its name on Twitter to troll the presidential candidate

Bernie Sanders and Joe Biden faced off Sunday night in the cycle's first Democratic presidential debate to feature just the two candidates. During the debate, Sanders encouraged viewers to go to "the YouTube" to check out Biden's past remarks on Social Security. Social media users were quick to point out the phrasing quirk, and YouTube capitalized on it by quickly changing its Twitter name to "The YouTube." Visit Business Insider's homepage for more stories. Bernie Sanders' phrasing choice f...
Tags: Facebook, Twitter, Youtube, Trends, Joe Biden, Social Security, Beverly Hills, Jeff Bezos, Biden, Justin Timberlake, Vermont, Bernie Sanders, Sanders, Democratic, Bernie, Julia Alexander

Joe Biden falsely claims he never called for Social Security cuts

Biden made the claim that he had never called for cuts to Social Security when he was pressed on the issue by Sen. Bernie Sanders. 
Tags: News, Joe Biden, Social Security, Biden

Joe Biden Just Sealed the Deal

I get that the news out of the debate is that Joe Biden committed to picking a woman vice president. That’s a big deal. But there were a couple non-news things that were important too.The first one is that Biden is not senile, does not have dementia, had no trouble in this debate uttering six or even seven sentences in a row that make sense, and handled himself fine. I suspect that any chance Bernie Sanders had to turn the tables in the way he was hoping ended in the first five minutes, by which...
Tags: News, Washington, Iraq, Barack Obama, Joe Biden, Social Security, Biden, Delaware, Bernie Sanders, Clinton, Joe, Sanders, Jack Benny, Bernie, Dana Bash, Donald Trump Biden

Biden Did What He Had to Do

(Bloomberg Opinion) -- In what’s likely be his final nomination debate, former Vice President Joe Biden started strong and ended strong when he talked about the coronavirus pandemic. And he did well enough in the rest of the two-hour event Sunday night with Vermont Senator Bernie Sanders. Biden had given a solid speech on Thursday laying out a plan for how the government should be responding to the spread of Covid-19, the illness caused by the coronavirus — for example, he’s urging use of the mi...
Tags: News, Congress, Elizabeth Warren, Barack Obama, Bloomberg, Joe Biden, Social Security, Arizona, Warren, Ohio, Biden, Donald Trump, Bloomberg LP, Vermont, San Antonio, Trump

Did Joe Biden Just Lie About Cutting Social Security?

Inside the Bernie Sanders campaign, there was a strong belief that sharp attacks against Joe Biden for previously embracing cuts to Social Security were what propelled him to victory in the Iowa caucus. Now, as Sanders finds himself slipping behind Biden with the nomination process roughly halfway over, he is going back to that line of attack as he tries to overtake the former vice president once more. During Sunday night’s debate, the two candidates had a sharp back and forth over the topic of ...
Tags: News, Obama, Senate, Joe Biden, House, Iowa, Social Security, Medicare, Biden, Bernie Sanders, Sanders, Bernie, Sander, Social Security Biden

Biden and Sanders spar over Social Security

Former Vice President Joe Biden and Senator Bernie Sanders argued over Social Security while at the Democratic debate on Sunday. 
Tags: News, Joe Biden, Social Security, Biden, Bernie Sanders, Sanders

New tax breaks for retirees

Here are three of the week's top pieces of financial insight, gathered from around the web:Market crash yields refinance boom "A sharp drop in mortgage interest rates has sparked a sudden and unexpected refinance boom," said Diana Olick at CNBC. A flight to the safest federal bonds has sent interest rates on 10-year Treasury bonds to record lows, and mortgage rates have plummeted with them. This week, average mortgage rates "hit 3.11 percent," and borrowers have descended on mortgage lender...
Tags: Florida, New York, News, Maryland, California, Bank Of America, Chicago, Social Security, Treasury, Nevada, New Mexico, Illinois, Wall Street Journal, Cnbc, Trump, Cook County

Businesses get tax relief in House-passed coronavirus bill

The House-passed H.R. 6201, Families First Coronavirus Response Act does not — I repeat, does NOT — include a change in the upcoming federal tax filing and payment deadline. There's also no change to the payroll taxes that come out of our paychecks. So right now, expect your regular pay to remain the same. And keep working on those federal tax forms with April 15 as your deadline. What we do know, however, is that legislation to deal with coronavirus' health and economic effects is making its w...
Tags: Taxes, Congress, Senate, White House, Gop, House, Social Security, Treasury, Michigan, Trump, Justin Amash, COVID

Time for Mike to get it done

American politics is pervasively distorted, not just by money, but by right wing money.  Charles Koch is a dangerous crank but a superb political organizer, and he is primarily responsible for some of the most malign aspects of contemporary American politics, notably the staggering federal deficit and the insistence on climate change denial.  There is no comparable political force on the left.  That’s why Michael Bloomberg offered such promise.  It’s not pleasant for American politics thus to ...
Tags: Texas, Bloomberg, Social Security, Medicare, Republican, Republican National Committee, Michael Bloomberg, Branding, Trump, Charles Koch, Mike, U S Environmental Protection Agency, Koch, Andrew Koppelman, Republican Party Koch