America’s jobless owe thousands of dollars in taxes on their unemployment
For tax purposes, weekly unemployment payments count as income just like wages from a job. But few people realize the money they get from the government is actually taxable.
For tax purposes, weekly unemployment payments count as income just like wages from a job. But few people realize the money they get from the government is actually taxable.
Democrats on Monday seemed to have exhausted their most realistic options for quickly salvaging the pay hike. In one decision, they abandoned a potential amendment threatening tax increases on big companies that don’t boost workers’ pay to certain levels.
Dr. Michael Ryan, director of WHO’s emergencies program, said he was reassured by emerging data that vaccines appear to be helping curb the virus’ explosive spread, but he warned against complacency, saying nothing was guaranteed in an evolving epidemic.
New reported COVID-19 cases and testing of new individuals were down significantly in Indiana last month, but more deaths due to COVID-19 were reported in February than in any other month of the pandemic.
Party leaders hoping to salvage a minimum wage increase have abandoned one proposal aimed at pressuring big companies to boost workers’ pay.
In Indiana, Kentucky and Maryland, officials have said that for certain weeks in the new year, at least two-thirds of the claims they received were classified as suspicious due to problems verifying identities.
The state said more than 565,000 Hoosiers had been fully vaccinated against COVID-19 as of Sunday. More than 992,000 had received the first dose of a vaccination.
J&J initially is providing a few million doses and shipments to states could begin as early as Monday. By the end of March, J&J has said it expects to deliver 20 million doses to the U.S., and 100 million by summer.
Statewide hospitalizations due to COVID-19 rose from 781 on Thursday to 800 on Friday. The high mark was 3,460, set on Nov. 30.
U.S. hospitals face up to $122 billion in lost revenue this year as the pandemic continues its rampage, threatening to push more critical-care centers into bankruptcy or out of business entirely.
The U.S. House on Friday plans to vote on an $1.9 trillion stimulus package, marking a crucial step toward passage of the White House’s first major piece of legislation.
Statewide hospitalizations due to COVID-19 dropped from 889 on Wednesday to 781 on Thursday, the lowest number since Sept. 21.
The nation is poised to get a third vaccine against COVID-19, with a Johnson & Johnson one-dose shot on the edge of FDA approval. Health experts say the best vaccine choice is the one that’s available.
The finding by Elizabeth MacDonough, the chamber’s nonpartisan arbiter of its rules, means Democrats face an overwhelmingly uphill battle to boost the minimum wage this year because of solid Republican opposition.
The 4.1% gain in the gross domestic product—the broadest measure of economic health—is a slight upward revision from 4% growth in the first estimate released a month ago, the Commerce Department reported Thursday.
Pizza delivery remains popular, but diners’ choices are expanding, with more restaurants now offering delivery.
The Indiana State Department of Health on Thursday reported 1,109 new cases of COVID-19, the fourth time cases have topped 1,000 over the past seven days.
Experts say that measures put in place to fend off the coronavirus—mask wearing, social distancing and virtual schooling—were a big factor in preventing a “twindemic” of flu and COVID-19.
Last week’s decline in applications was broad-based, with 36 states (including Indiana) and the District of Columbia reporting fewer people seeking unemployment benefits. That suggests that employers might be cutting fewer jobs.
The hardening opposition suggested that President Joe Biden’s first major legislative initiative could encounter unanimous GOP opposition.