INSIDER
West Bloomfield police issue scam alert on fake Amazon employees
Read full article: West Bloomfield police issue scam alert on fake Amazon employeesThe West Bloomfield Police Department issued a scam alert over the weekend about people posing as Amazon employees and requesting payments or fees to keep accounts active.
Data: Michigan is most expensive state to own car; what gives?
Read full article: Data: Michigan is most expensive state to own car; what gives?Costly carsThe Great Lakes State -- the undisputed birthplace of automobile manufacturing -- is the most expensive state for car ownership, according to data from Move.org. It costs about $5,264.58 every year to own a car in the United StatesThe average Michigan resident pays $9,304.28 every year for their car. Look at this stunning gap between Michigan and the next most expensive state to own a car, Florida:That’s a gap of more than $2,000 annually. Compared to this, Michigan’s minimum insurance cost of $5,740 seems incredibly expensive, according to the data. As you probably know by now, car insurance is so expensive in Michigan because the state requires the most expensive minimum coverage levels in the country.
Stimulus checks: TurboTax says IRS error fixed, payments to begin Friday
Read full article: Stimulus checks: TurboTax says IRS error fixed, payments to begin Friday(AP Photo/Eric Gay, File)An IRS error has kept the second round of stimulus checks from getting to some TurboTax customers -- but now the company says the error has been corrected. TurboTax posted a message Friday morning:"We are happy to share that stimulus payments will begin to be deposited on January 8th for millions of our customers affected by the IRS error. We have been working tirelessly with the Treasury and IRS to get stimulus payments to our customers. We know how important these funds are for so many Americans and we regret that an IRS error caused a delay. Click here to check the status of your stimulus check
Wayne County gives $6M to 12,000 people affected by virus limits
Read full article: Wayne County gives $6M to 12,000 people affected by virus limitsThe recipients worked at restaurants or fitness and entertainment venues whose operations have been limited to reduce the spread of COVID-19. The recipients worked at restaurants or fitness and entertainment venues whose operations have been limited to reduce the spread of COVID-19. The Wayne County Economic Development Department received enough applications in less than two weeks to fulfill the $6 million budget. “While we wait for Washington to figure out what they’re doing, this is a stimulus for Wayne County,” county Executive Warren Evans said. Original Story: Wayne County hands out $500 gift cards to restaurant, service workers affected by pandemic
Second COVID relief package: Here’s what’s inside
Read full article: Second COVID relief package: Here’s what’s insideVaccines, testing, health providers ($69 billion)Delivers more than $30 billion for procurement of vaccines and treatments, distribution funds for states, and a strategic stockpile. Adds $22 billion for testing, tracing and mitigation, $9 billion for health care providers, and $4.5 billion for mental health. Postal Service ($10 billion)Forgives a $10 billion loan to the Postal Service provided in earlier relief legislation. The measure also provides President Donald Trump with a last, $1.4 billion installment for a wall on the U.S.-Mexico border. Business meals would be 100% deductible through 2022 and out-of-pocket health care costs would be deductible after they reach 7.5% of income.
Michigan UIA releases guidance on when to expect bonus $300 unemployment benefit
Read full article: Michigan UIA releases guidance on when to expect bonus $300 unemployment benefitMore than 900,000 Michigan workers who are collecting unemployment benefits are expected to begin receiving a $300 weekly bump in payments this month. The Unemployment Insurance Agency (UIA) has started processing payments for Lost Wages Assistance (LWA) for eligible Michiganders. Due to the large volume of payments to be processed, workers will begin receiving LWA payments over the next week to ten days. Also, all unemployed workers receiving Pandemic Unemployment Assistance (PUA) have already completed this step. States were initially granted three weeks of LWA benefits and must apply for additional weeks.
FEMA approves Michigan for additional $300 in weekly unemployment payments
Read full article: FEMA approves Michigan for additional $300 in weekly unemployment paymentsMichigan submitted an application for federal funding that would provide an additional $300 per week to Michiganders receiving unemployment benefits. The Michigan Unemployment Insurance Agency (UIA) submitted an application to the United States Federal Emergency Management Administration (FEMA) for funding on Tuesday, according to a release. The program allows for existing Unemployment Trust Fund payments delivered by Michigan’s Unemployment Insurance Agency to count as 25% matching funds required for participation. The additional benefits will be added automatically for all claimants who are eligible to receive at least $100 in weekly unemployment benefit payments. This includes claimants receiving any type of regular unemployment insurance benefits as well as those receiving Pandemic Unemployment Assistance (PUA) benefits.
Michigan applies for additional $300 in weekly unemployment payments
Read full article: Michigan applies for additional $300 in weekly unemployment paymentsMichigan has submitted an application for federal funding that would provide an additional $300 per week to Michiganders receiving unemployment benefits. UPDATE: FEMA approves Michigan for additional $300 in weekly unemployment paymentsThe additional $600 payments included in the first federal relief bill ended on July 31. The Michigan Unemployment Insurance Agency (UIA) submitted an application to the United States Federal Emergency Management Administration (FEMA) for funding on Tuesday, according to a release. The UIA estimates that under the program, about 910,000 Michiganders would receive at least $300 per week in supplemental benefits. The program allows for existing Unemployment Trust Fund payments delivered by Michigan’s Unemployment Insurance Agency to count as 25% matching funds required for participation.
Michigan launches mortgage relief partnership amid coronavirus: How it could help you
Read full article: Michigan launches mortgage relief partnership amid coronavirus: How it could help youParticipating financial institutions are listed on the MiMortgage Relief Partnership Financial Institutions page. Participating financial institutions are listed on the MiMortgage Relief Partnership Financial Institutions page. “Through the MiMortgage Relief Partnership, financial institutions will continue to help customers find the solutions that best fit their needs, and to focus relief efforts on those most impacted by the crisis. Borrowers with these loans may wish to visit the CFPB guide to coronavirus mortgage relief options. For more information on COVID-19 related mortgage relief, see: www.michigan.gov/MiMortgageRelief or call DIFS toll-free at 877-999-6442.
Michigan Congresswoman proposes recurring relief payments to Americans using $1T Treasury coins
Read full article: Michigan Congresswoman proposes recurring relief payments to Americans using $1T Treasury coinsDETROIT – Michigan Congresswoman Rashida Tlaib (MI-13) is introducing a bill that would provide recurring stimulus payments to Americans without adding additional debt. The proposal would be funded directly from the Treasury with no additional debt issued by minting two $1 trillion coins, and additional coins as necessary, according to the plan. The Fed would retain ownership over the two $1 trillion coins permanently in order to ensure its own balance sheet remains fully capitalized by the Treasury. The Treasury Secretary would “sweep” the newly created reserve funds from the Mint’s account into the regular Treasury General Account. “By using “fiscal money for fiscal policy,” the #ABCAct restores the U.S. Mint to its rightful historical place as a primary institutional mechanism for budgetary finance.”