The IRS has sent letters to roughly 9 million people who have not yet gotten stimulus checks. An Oct. 15 deadline looms to claim money before 2021.
Author: Susan Tompor, Detroit Free Press
Wait, it’s September and you still haven’t received your tax refund? Here’s why
Some who filed paper tax returns in February and March continued to wait for their federal income tax refunds in September after COVID-19 delays.
‘The taxes would not be waived’: Most won’t face Trump’s payroll tax break but federal workers will
The military and federal civilian employees will need to deal with a payroll tax break, which will need to be paid back next year. But others won’t.
Fake invoices for phony grants target PayPal customers
The phony invoice is a way to trick businesses — and consumers — into handing over cash and ID information. A new batch hit some PayPal accounts.
Banks are begging for spare change: How long coin shortage could last
The COVID-19 coin shortage has many trying makeshift solutions, including a Wisconsin bank that temporarily offered bonus cash for coins.
Does a 401(k) plan still make sense for you? It might, or might not
All 401(k) plans aren’t the same. All savers have different incentives, which makes it wrong to conclude that 401(k)s are worthless.
How it works
New ☎️ scam
Scammers orchestrate impersonation scheme on Square’s Cash App to steal money
A way to collect cash donations via Square’s Cash App to feed families during the economic fallout turned into a nightmare for one Detroit group.
Credit starts to tighten as job losses remain high
Consumers need to pay attention to alerts from their bank, as more credit card issuers are cutting credit limits and closing cards.
As talk builds for second stimulus, questions remain about first payout
Talk of a second, more limited round of stimulus checks is building but consumers are still confused by some prepaid cards and scams.