March 22, 2021

Money

When will parents see money from new stimulus Child Tax Credit?

An expansion of the Child Tax Credit program, approved through the $1.9 trillion American Rescue Plan, will provide additional financial assistance to struggling families, but when is the money expected to start flowing in?

The Child Tax Credit has been expanded for 2021 from $2,000 per child annually up to as much as $3,600 per child.

Families will receive $3,600 for each child under the age of 6, while receiving $3,000 for each child between the ages of 6 and 17.

However, when and how Americans will start seeing this money is a bit complicated, and could vary depending on

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Editorial: SC Commerce’s latest money-for-nothing revelation demands legislative crackdown | Editorials

For nearly two years now, we’ve been asking ourselves: Will this finally be enough to convince the governor or the Legislature to crack down on how the Commerce Department gives away our money?

The latest news is that the department is refusing to claw back state incentives from companies that fail to meet the meager requirements they agreed to meet in order to receive taxpayer funds or tax breaks.



Well, that’s not actually news: It’s come out in other reports. But as The Post and Courier’s Andrew Brown reports, the agency recently turned over a list of all

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Why Substack writers are mad about money Substack is paying out

Jude Doyle has been publishing a Substack newsletter since 2018, not long after the startup launched. This week, the writer, described in their website bio as a “non-binary author, columnist, and all-around weirdo,” announced that they were leaving and setting up shop at Ghost, a nonprofit publishing platform.

The why Doyle left matters because it illustrates the tension Substack faces as it tries to be both a platform — where it simply sets up a place for anyone to write anything and steps away — and a publisher — where it makes choices about the kinds of writers it

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Turn Your $1,400 Stimulus Check Into a Money Machine With These High-Yield Dividend Stocks

Relief is on the way, or perhaps has already hit your checking account, according to the White House.

On Thursday, March 11, President Joe Biden signed the hotly debated latest coronavirus stimulus package into law. The $1.9 trillion relief bill bolsters weekly unemployment payouts by $300, provides $350 billion in state and local aid, and adds tens of billions to the coronavirus vaccination and distribution campaign already underway.

But let’s make no mistake about it: The hero of this bill is the $1,400 stimulus checks making their way to well over 100 million Americans.

Image source: Getty Images.

Dividend stocks

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IRS now sending stimulus checks to banks, in the mail: When your $1,400 payment could come

How and when will the IRS send your stimulus check? Could tax season throw a wrench in the schedule? Here’s what you need to know.


Stephen Shankland/CNET

Stimulus checks for up to $1,400 per person are coming as part of President Joe Biden’s $1.9 trillion relief package. In fact, over 90 million payments have gone out through direct deposit and 150,000 paper checks have been processed and sent on their way, the IRS said Wednesday. (Here’s how to track your payment with the IRS or USPS.) 

But tens of millions more payments are yet to come — including

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Feds accuse Atlanta man of stealing millions in years-long money laundering scheme

The FBI said it charged and arrested an Atlanta man in connection to a money-laundering scheme that spanned roughly three years.

Federal investigators charged 37-year-old Atlanta man Abraham Adeniyi with money laundering and bank fraud offenses in connection to a scheme investigators said began in 2019 and continued through 2020. Officials said Adeniyi was arrested this Thursday morning in Georgia, and presented before a federal magistrate judge in the Northern District of Georgia.

The indictment came out of the Southern District of

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