A second stimulus check is possible but a $450-$1,200 ‘back-to-work’ bonus looks more likely
By: Sam Becker
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June 10, 2020
|Grow
Americans got some good news last week: The May jobs report showed that the economic damage wrought by the coronavirus pandemic was less than feared. That may be bad news if you, like so many Americans, were hoping for a second stimulus check.
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25 Ways To Save Yourself From Your Debt Disaster
By: Jaime Catmull
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June 10, 2020
|GOBankingRates
Your debt doesn't have to be a forever thing.
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How to qualify for low interest rates on personal loans
By: Aly Yale
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May 26, 2020
|Fox 10 Phoenix
If you’re applying for a personal loan, securing a low interest rate is critical — especially if you’re borrowing a large amount of money. While shopping around for lenders can certainly help (rates vary greatly from one to the next), there are other things you can do to improve your chances of getting a low interest rate personal loan, too.
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How to save money if you're planning to have kids in the next 5 years
By: Liz Knueven
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May 6, 2020
|Business Insider
The expenses associated with starting a family will be much easier to manage if planning starts early. Healthcare costs and home upgrades, not to mention future expenses involved in having kids can leave a financial strain on the average parent's budget. Anyone considering children soon should consider reviewing their financial plan and make sure to include these money-saving tactics.
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First coronavirus stimulus fraud charges filed against two men seeking $500K in PPP loans
Experts suspect many more instances of fraud could be occurring.
By: Brittany De Lea
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May 5, 2020
|Fox Business
The first fraud charges have been filed in Rhode Island against two men attempting to defraud the coronavirus stimulus program. The application for the Paycheck Protection Program stated they were seeking $500,000 for employees' wages when they have no employees working at any of their businesses. Unfortunately, this may not be the last instance of fraudsters seeking the program's funds.
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Coronavirus relief tax deduction denial: Is your PPP loan worth less?
The IRS issued guidance preventing business owners who have their PPP loans forgiven from claiming tax deductions
By: Brittany De Lea
|
May 1, 2020
|Fox Business
The question of whether the government intended to reduce the worth of the Paycheck Protection Program loan or if it was red tape oversight doesn't really matter since the result remains the same. The IRS has issued guidance for business owners that prevents a tax deduction claim for a forgiven PPP loan, ensuring no one receives a double tax benefit. However, these high-quality low-interest-rate loans are a clear advantage for businesses fighting the coronavirus pandemic.
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