Finance

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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 […]

On Thursday, April 2, several media outlets, including CNN and The Hill, obtained a Democratic House Ways and Means Committee memo that outlined how some Americans might not receive their stimulus funds for 20 weeks or five months from some time in May. Although Treasure Secretary Steven Mnuchin originally advised the public that the initial […]

Written by the Birthday Girl Amorette Miller Just weeks ago, the Greater Rochester region grappled with a tight job market as our unemployment rate was too low. Today, we are faced with a different dilemma. Due to the coronavirus epidemic, the unemployment rate has skyrocketed around the globe. Goldman Sachs reports that Unemployment across the nation […]

On Saturday, March 21, The Clara Lionel Foundation announced that it will be donating $5 million to at-risk community and front line coronavirus (COVID-19) emergency relief efforts in the United States, Africa and other locations including Haiti. People in at-risk communities will benefit from increased care, food and testing. The money will also help to […]

On Saturday, March 21, the U.S. Department of Housing and Urban Development and the Federal Housing Finance Agency advised the public that “single family homeowners with FHA-insured mortgages” won’t have to deal with foreclosures or evictions for 60 days through at least mid-May. Mortgage providers have been advised to suspend evictions at relevant properties and […]

Lawmakers have been working hard this week to extend the federal tax filing deadline after the Internal Revenue Service extended the payment deadline to July 15 because of the coronavirus (COVID-19) pandemic. As of Friday, March 20, both deadlines have now been extended to the new date. This is good news for every taxpayer, especially […]

The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed. This […]

A February 2020 “Education Redlining” report by the Student Borrower Protection Center (SBPC) raises “significant fair lending concerns” for student borrowers from minority college students from marginalized communities. The report includes case studies and side-by-side comparisons of two consumer lenders, Wells Fargo and Upstart. The study compared the lending practices for students at historically Black […]


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