Alex Tanzi and Shelly Hagan Bloomberg News Published 12:02 AM EDT Aug 19, 2019 Like millions of her peers, Nicole Read graduated with thousands of dollars of debt. Unlike most of them, she’s getting direct help from her employer to pay it back. The 26-year-old’s job at event organizer Live Nation Entertainment in Beverly Hills, California, comes with a benefit that may be starting to catch on at U.S. companies: Contributions to her student loan bills. Offering such an incentive helps businesses lure prospective employees as they grapple with tight labor market conditions marked by a jobless rate near its lowest in almost five decades. In Read’s case, it’s $100 a month. As a result, “I’m paying like $30 over my minimum payment every month, so it’s gotten me to pay off my interest a little quicker,” she said. “It just kind of gives me a bit of breathing room.” Such plans are spreading. They were on offer to staff at about … [Read more...] about Want to Hire a Millennial? Better Help Repay Their Student Debt
2015 social security wage base
The Democratic presidential contenders have some inconvenient truths to grapple with. It's not easy, for example, to summon foreboding words on the economy — accurately — when the U.S. has been having its longest expansion in history. Health care for all raises questions of costs to average taxpayers that the candidates are loath to confront head on. And in slamming President Donald Trump relentlessly for his treatment of migrants, the Democrats gloss over the record of President Barack Obama (and his vice president, Joe Biden), whose administration deported them by the millions and housed many children in the border "cages" they assail Trump for using now. Puerto Rico Governor Ricardo Rosselló has announced that he will resign effective Aug. 2. Justice Secretary Wanda Vázquez is slated to take over the position. (Published Thursday, July 25, 2019) The candidates will be pressed on the economy, health care, immigration and much more in their second round of … [Read more...] about Fact Check: 2020 Democrats and Their Grasp of the Facts
Susan Tompor Detroit Free Press Published 7:00 AM EDT Apr 11, 2019 The tax deadline — Monday April 15 — is right around the corner. But this year, you have a bit more company if you find that you've dragged things out into April. Plenty of people admit they've been scared to file their tax returns, not knowing whether they'd owe money or not under the new Tax Cuts and Jobs Act. We've heard the horror stories about smaller than expected tax refunds. And yes, some sad stories of people owing thousands when they didn't expect it. The Internal Revenue Service expects to receive an astounding 14.6 million requests for filing extensions before the tax season deadline. That's nearly one in 10 tax filers. So far through March 29, nearly 93 million taxpayers have filed individual tax returns, based on the latest data from the IRS. That's down 1.4% from a year ago. About $206 billion in total refunds had been issued through March … [Read more...] about Last-minute tax filers: We’ve got you covered
It’s a warm summer evening and Devan Clapp is standing outside his two-story brick row house in northeast Baltimore’s Ramblewood neighborhood. The streets are quiet, with postage-stamp lawns; a transition area between the city and the suburbs of Baltimore County just a couple miles north. This neighborhood, like every other Baltimore neighborhood Clapp’s family has lived in the last hundred years, was predominantly white, before it wasn’t. He talks of how, in the 1980s, the skin color of his mother and father, godmother and brother, drove their white neighbors up and over to the “more-welcoming” side of the county line. “When I was younger, the neighborhood was divided, pretty much 50 percent white and 50 percent black. As a youngster I didn’t know it was happening, but now I look back and they’re all gone,” says the 39-year-old Social Security teleservice rep.There are a few other areas in Baltimore with the same low crime … [Read more...] about Baltimore’s So Segregated, Even Strava Shows It. These Runners Want to Change That.
By Roy Kent, Staff writer Updated 4:06 pm CST, Thursday, February 14, 2019 Photo: RUTH FREMSON, STF / NYT Photo: RUTH FREMSON, STF / NYT Image 1 of / 3 Caption Close Image 1 of 3 Photo: RUTH FREMSON, STF / NYT Man headed to prison after failing to pay $20 million in employment taxes 1 / 3 Back to Gallery A man is headed to prison after pleading guilty to failing to pay the IRS more than $20 million in employment taxes. According to a news release from the U.S. Department of Justice, business owner Jonathan Adam Van Pelt pleaded guilty Nov. 8, 2018, after failing to pay employment taxes associated with Stat Source, Inc. Stat Source Inc. was a staffing agency founded in 2010. The … [Read more...] about Man headed to prison after failing to pay $20 million in employment taxes