The general happenings and goings on of the Kael Company
Applying for financial aid and loans pretty much go hand in hand when figuring out all the details when preparing to go to college. It is first and foremost important to know the difference between federal loans & private loans to decide which will be best for you. Federal student loans and federal parent loans:…
The new deadline for student loan relief is now January 31st, 2022. Due to the events of last year and the Cares Act, federal student loans payments were suspended to help those having difficulty making ends meet amidst the pandemic. The original end date was supposed to be September 30th and now has been extended…
If you thought calling the IRS and getting someone on the phone was difficult, the online account system has many challenges as well. Along with the difficulty of creating the account and getting verified, there are many glitches that need to be worked out. According to Michelle Singletary from the Washington Post, “You might end…
National Tax Day is quickly approaching, and many Americans are not surprised by that inevitable taxes they pay each year to the IRS. For those who owe money but can’t afford to pay, deciding how to handle the debt could settle your nerves or put you on a very expensive and anxious path. This weeks…
Identity thieves and scams are increasing as desperation and financial struggles continue. Having billions of dollars in relief money sent out to Americans makes them a target for these corona-virus related scams. Being aware of what these fraudulent messages look like and knowing how to report them is key for all individuals and businesses. The…
2020 has been a very unpredictable year for all of us, especially those running businesses. With tax season among us, it is very important to consider these guidelines before filing. Unemployment Compensation Millions of people, many for the first time, have experienced receiving taxable unemployment compensation. This compensation is taxable and must be included as…
With the hopes of a second stimulus in the air for months, we are finally seeing progress. Congress passed the $900 billion pandemic relief bill which will provide a second stimulus payment of $600 to individuals earning less than $75,000 and $1200 for couples filing jointly earning $150,000 or less. Families with children under the…
As the increasing cases of the coronavirus keeps appearing in the news, many families have turned to purchasing gifts for loved ones online. We all know people love to give gifts, and sometimes spending can get away from the best of us. We suggest creating a budget for what you can comfortably spend while maintaining…
There has been discussions since the first stimulus about a potential second stimulus in the works. Even though the IRS is continually distributing pandemic relief funds, that does not include a second stimulus at this time. Scammers are now trying to steal financial information and / or money by emailing and texting fraudulent messages. The…
During the pandemic, everyone is working hard at making ends meet and find jobs if they can / haven’t already. It’s no secret that many people have been laid off or furloughed since back in March and many of those people still haven’t received the stimulus amount or unemployment. That being said, people are turning…
