Government Rebates and Payments | $aving to Invest

What Happens When $300 Weekly FPUC, PUA and PEUC Pandemic Unemployment Benefits End? Early Termination in Several States Prior to September 2021 Extension Providing Clues – Latest News and Updates

“When are my unemployment benefits actually ending?” This is a question several readers have been asking following the extension of federally funded enhancement benefit programs (PUA, PEUC and $300 FPUC) under the Biden ARPA stimulus bill to September 6th, 2021. However many states, per the table below have already announced …

What Happens When My Unemployment Benefit Year Ends? Do I File a New Claim or Automatically Get Extra Weeks

Millions of American’s have been relying on unemployment benefits over the last year due to COVID and recession related job-losses. This has also meant a growing number of jobless or underemployed folks on unemployment have or are about to reach the end of their benefit year. While pandemic enhanced unemployment …

Final 2021 Plus-Up Extra Payments – File and Claim Your Missing Stimulus Checks and Other Tax Breaks

The IRS has been making millions of “catch-up” or “plus-up” payments to those who have filed recent tax returns or updated payment/dependent information. These Plus-Up Payments are set to be distributed up until December 31, 2021. Actual payment or deposit of these funds could go into early 2022. These “plus-up” payments …

Tax Refund vs. Stimulus Check – Which One is Being Paid Faster or Delayed Longer by the IRS?

With one of the busiest tax seasons on record the IRS is caught between paying out the latest round of stimulus payments – $1400 per adult and $1400 per qualifying dependent (and this time adult dependents are included) – and processing 2020 tax refunds for millions of tax filers. The clear answer to the …

Worried about your 2023 tax refund? Get the latest updates on processing times, 2024 filing dates, and tips to avoid delays

The IRS says that most refunds will be paid within 21 days, but many tax filers are finding out (yet again) that it could take much longer, despite filing early and getting their return accepted by the IRS. Waiting weeks, months or even a whole tax season for IRS updates …

How Many Extra Weeks of PUA and PEUC Benefits in the Latest Unemployment Extension Stimulus – 29 or 25?

[Updated following DOL Guidelines] We finally have an official answer to the question in this article and earlier discussion around how many weeks are actually in the ARP bill that funded the second extension of enhanced unemployment benefits. The Department of Labor (DOL) has acknowledged in program guidelines for state …

Meaning of Codes on WMR/IRS2GO Or IRS Transcript For Your Refund Processing Status

I have been getting a lot of worrying comments from readers around IRS messages and codes they see when checking their refund status on Where is My Refund (WMR) website, the IRS2Go mobile app or on their (free) IRS transcript. Many filers get stressed, alarmed and worry about what these …

IRS Could Take Several Months to Process Expanded Child Tax Credit (CTC) and Unemployment Tax Break Payments With Focus on Third Stimulus Checks

While many have hailed the new unemployment tax breaks and expanded child tax credit in the Biden Stimulus Plan (ARP) as a boon to lower and middle income households, there is a concern that the IRS will have a tough time implementing and making payments (where applicable) for these new …

Health Insurance Tax Credit Extended Through 2021 Under Biden Stimulus Package covering COBRA Subsidy and Obamacare (ACA) Recipients

Under the now approved Biden administration’s nearly $2 trillion stimulus package, also known as the American Rescue Plan (ARP), provisions have been added to provide relief for lower income and middle class Americans to save on Health Insurance if they are out of a job, and on COBRA benefit from their …

$10,200 Unemployment Income Tax Exclusion – IRS Paying Additional $1,200 Refunds in 2023 For AGI Adjustment

Updated for $15 billion in IRS Refund Adjustments Payments Made in 2023 The IRS announced they have finally completed final corrections for 2020 tax filings for taxpayers who inadvertently overpaid their taxes on unemployment compensation they received in 2020. The additional pandemic unemployment insurance income increased taxpayers taxable income (AGI …

Can I Remain on Enhanced Unemployment If I am Asked to Return to Work? What About Work Search Requirements?

Congress and President Biden have now passed into law the $2 trillion stimulus package, also known as the American Rescue Plan act (ARPA). It includes further unemployment program extensions until September 6th, 2021 for the PUA, PEUC and FPUC programs originally funded under the CARES act in 2020 and then extended via the …

$50 Monthly and One-Time $100 FCC Emergency Broadband Internet Credit For Low Income Households Under COVID Relief Bill

The Federal Communications Commission (FCC) has voted unanimously for a $3.2 billion program, approved as part of the $900 billion COVID Relief bill that provides emergency discounts of up to $50 per month toward broadband internet service for low-income households adversely affected by the pandemic. The Emergency Broadband Benefit Program …

Unemployment Extensions Update to PUA, PEUC and FPUC in Latest Biden Stimulus Bill – When They Start and 2021 Coverage

The American Rescue Plan (ARP) also known as the Biden $1.9 trillion stimulus package has now been passed into law and reflects many of the unemployment extensions Democrats had campaigned on. I have discussed many of these in some recent articles and you can see a summary of the extended …

2023-2024 Child Tax Credit (CTC) Refund Payments Status – Latest Updates and News

The Child Tax Credit (CTC) has returned to pre-pandemic levels. This means that the maximum credit will return to $2,000 per child. Families must have at least $3,000 in earned income to claim any portion of the credit and can receive a refund worth 15 percent of earnings above $3,000, up to $1,600 per …