Finance

On Friday, April 10, the Internal Revenue Service announced that it had added a new page to its site and a link to a tool for people who didn’t file taxes in 2018 and 2019 so that they can supply their bank deposit information and receive the Economic Impact Payment faster. Those who qualify for […]

On Friday, April 17, Governor Andrew Cuomo and Attorney General Letitia James informed the public that a previous suspension of certain debt collections and associated interest and fees initiated for 30 days starting on March 17 had been extended to May 17 because of the SARS-CoV-2 pandemic. They also explained that another extension is possible […]

The financial impact of COVID-19 has now reached a historic level when it comes to unemployment. Just released numbers have 4.4 million people filing for unemployment insurance this past week. That brings a grand total for the last five weeks to 26.4 million according to the labor department. 16 million people are receiving unemployment right […]

Have you received your Economic Impact Payment yet? If not you will be able to check the status of your stimulus payment this week via the IRS tracker tool Get My Payment. If you filed taxes in 2018 and 2019 then you are all set you will not need to do anything. And the same […]

On Tuesday, April 7, Mayor Lovely Warren announced via a press release that Rochester citizens have another COVID-19 financial resource available to them within the community. The Financial Empowerment Center has developed plans to help members of the community navigate their financial difficulties during this pandemic. Anyone who reaches out to the FEC can receive […]

Earlier today, the Department of Labor announced that its online unemployment insurance application would shut down at 5:00 PM to allow for critical upgrades as part of their comprehensive ‘Tech Surge.’ Every evening, this online system closes from 7:00 PM to 7:30 AM to allow the DOL’s database to process applications. As we are currently migrating to […]

Baby Phat is back. The 1990s and early 2000s clothing line brought streetwear to the runway. The founder of the Baby Phat designer line, Kimora Lee Simmons, notes that this label “has always been designed by and for women.” And now, with Baby Phat’s collaboration with Foot Locker, it brings the first-ever collection for women […]

The Money is coming. Here is what you need to know:         About the ECONOMIC IMPACT PAYMENT Cheryl McKeiver, PhD info update 04.09.2020 (reason info is fluid and changes)   The Money is coming. Here is what you need to know: About the ECONOMIC IMPACT PAYMENT Cheryl McKeiver, PhD  How much? o One payment and […]

How much? o One payment and one payment only of $1,200. o As long as your adjusted gross income is less than $75,000  What if I/we earned more than $75,000? o If you earned between $75,000 and 99,000, your check will be prorated. o If you earned over $99,000 or jointly $198,000, you are […]

If you have tried to file for unemployment but can’t due to the New York State Department Of Labor website crashing there is good news. New York Governor Andrew Cuomo has confirmed through his office that the state is getting help from Google. The two entities are partnering to create a new interface for the […]