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yaesu

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Name: Lou
Gender: Male
Hometown: Mid West
Home country: USA
Current location: nunaubiz
Member since: Sun Jan 27, 2019, 12:44 AM
Number of posts: 3,654

About Me

all russian bots & anti progressives will be blocked

Journal Archives

FDIC announces first bank failure of coronavirus crisis

WSJ: A small bank in West Virginia has become the first institution to fail during the coronavirus crisis, the Federal Deposit Insurance Corp. announced Friday. The First State Bank of Barboursville with $152 million in total assets was closed Friday by the West Virginia Division of Financial Institutions. The bank's $139.5 million in deposits will be acquired by MVB Bank Inc. of Fairmont, W.Va. The four branches of The First State Bank will reopen as branches of MVB Bank on Saturday, the FDIC said

Walmart To Limit Number Of People Shopping At One Time Because Of Coronavirus

Walmart on Saturday will begin limiting how many people are allowed inside its stores at one time, reducing its capacity to roughly 20%, as a way to enforce social distancing.

The retail giant joins Target, Costo and other supermarket chains in deciding to count and restrict the number of visitors to keep shoppers at least six feet apart — from each other and from the workers — hoping to limit the spread of the coronavirus.

"While many of our customers have been following the advice of the medical community regarding social distancing and safety, we have been concerned to still see some behaviors in our stores that put undue risk on our people," Walmart's Dacona Smith said in a post on Friday.

https://www.npr.org/sections/coronavirus-live-updates/2020/04/03/827025344/walmart-to-limit-number-of-people-shopping-at-one-time-because-of-coronavirus

Professor Michael Worobey CSI's the hell out of the 1918 Flu Pandemic

This excellent presentation involves a horse & 650,000 German cowboys 😋




U.S. deaths from the coronavirus exceed 700 in one day, overall toll surpasses China

Source: Washington Post

The coronavirus death toll in the United States for the first time exceeded 700 in one day, according to data compiled by The Washington Post. The total number of deaths nationwide on Tuesday surpassed 3,400 — more than the number of people who died in the initial Sept. 11, 2001, attacks and surpassing the number of deaths attributed to the viral outbreak in China, where it was first reported late last year.

The confirmed number of infections worldwide continues to grow, surpassing 800,000 on Tuesday. In the United States, there are more than 175,000 confirmed cases. Health officials have warned the virus could kill as many as 200,000 people in America.

Read more: https://www.washingtonpost.com/world/2020/03/31/coronavirus-latest-news/

IRS releases more info on how to get coronavirus stimulus checks ASAP

Source: NBC

WASHINGTON — New information from the IRS on Monday shines more light on what people can do to get the checks from the government as quickly as possible while many families worry about paying the bills and buying food during the coronavirus crisis that has cost millions of people their jobs.

For Americans eligible for stimulus cash under the new relief law, the fastest way to receive it is to make sure they've filed a tax return for 2019 or 2018 with bank information so the government can directly deposit the money.

The IRS says it will use a person's 2019 return to calculate eligibility and automatically send the money to those who qualify. If they haven't filed a 2019 return, it'll be based on the 2018 return.

Payments up to $1,200 per person, with an additional $500 per child under 17, will be made to U.S. residents with a Social Security number who earn under $75,000. The amount decreases by $5 per every $100 earned after that, zeroing out at $99,000. For married couples, the phaseout range is $150,000 to $198,000.

The IRS said Americans who weren't required to file taxes in the last two years will have to file a "simple tax return" with basic information like filing status, number of dependents and bank information so the government can send the money.

"Low-income taxpayers, senior citizens, Social Security recipients, some veterans and individuals with disabilities who are otherwise not required to file a tax return will not owe tax," the IRS said.

Treasury Secretary Steven Mnuchin said payments will go out "within three weeks" for people who have their direct deposit information on file with the IRS.

"We will create a web-based system for people where we don't have their direct deposit they can upload it, so that they can get the money immediately as opposed to checks in the mail," Mnuchin said Sunday on CBS' "Face the Nation."




Read more: https://www.nbcnews.com/politics/congress/irs-releases-more-info-how-get-coronavirus-stimulus-checks-asap-n1172676

Pedestrian bridge collapses on WB I-94 in Detroit, all lanes closed, we still dealing with our

crumbling infrastructure thanks to repukes and their fear of taxes

https://twitter.com/freep/status/1243524444926234627

Here is a better explanation for those one time Coronavirus checks


Q: How much will I get?
Depends on how much you make.

If you made less than $75,000 in 2019, you will be eligible for the full payment of $1,200. Couples who filed jointly and made less than $150,000 will get $2,400. An individual who filed as "head of household" and earned $112,500 or less gets $1,200.
For every child in the household, you will receive an additional $500.


If you made more than $75,000, your payment will be reduced by $5 for every $100 of income that exceeds the limits. So if you made $80,000 in 2019, you will receive $950. The payment decreases to zero for an individual making $99,000 or more or a couple making $198,000 or more.

If you're a family of four, you’ll be eligible for a maximum of $3,400.

Q: When is the money coming?
Treasury Secretary Steven Mnuchin said Wednesday the checks will be sent out "within three weeks" to people for whom the IRS has information. You don't need to sign up or fill out a form to receive a payment if you've been working and paying taxes since 2018.

The Treasury Department will also run a "public awareness campaign" with information about the program, including for people who didn’t file a tax return for 2018 or 2019.

Q: Will there be multiple payments?
No, this legislation only authorizes one-time payments. But House Speaker Nancy Pelosi suggested on CNN that Congress could revisit the issue: "We think we'll get more direct payments in another bill."

Q: Where do I sign up?
You don't. There's no sign up. The payments will be automatic for people who have filed a tax return or gotten Social Security benefits recently. The IRS asks people not to call with questions, but to keep checking this website where they will post updates about the program once they are available.

Q: How will the money be sent?
If you've gotten a tax refund in the last two years by direct deposit, that's where the money will be sent. If not, the IRS can mail a check to your "last known address," and it has 15 days to notify you of the method and amount of the payment. They'll send a phone number and appropriate point of contact so you can tell them if you didn't receive it.

If you’ve moved recently, it may be a good idea to notify the IRS as soon as possible. The IRS also suggests that if you haven't yet filed a tax return for 2018 or 2019, do it as soon as you can, so that the government has your up-to-date information on file.

Q: How does the gov't calculate how much I earned?
Have you filed your taxes for 2019 already? If so, the checks will automatically be based on your 2019 return. Look for your "adjusted gross income" (Line 7 on your Form 1040 tax return in 2018, or line 8B on a 2019 return.) If you haven't filed your 2019 taxes yet, it'll be based on your 2018 return.

Q: I'm on Social Security, or don’t make enough to file a tax return. Will I get a check?
Yes. Even if you didn't file a tax return for 2018 or 2019 or pay taxes in those years, you will be eligible if you received a Form SSA-1099 for the year 2019. That's a form that the Social Security Administration sends each year to people who receive Social Security benefits, including retirement and disability.

Q: I’m a disabled vet but don't pay taxes. Do I qualify?
Yes, although some of the details still need to be worked out. The IRS is expected to set up a system so that disabled veterans don't fall through the cracks.

Q: I'm a college student. Do I get a check?
If your parents claim you as a dependent on their taxes, you're ineligible. But if you've been working and filing taxes independently in recent years, you may qualify.

Q: I made too much money in 2019 to qualify. But now I've been laid off. Am I out of luck?
Not necessarily, but you'll have to wait.
The IRS is expected to create a system to ensure help for people who fall into this category.

Q: I'm not an American citizen. Do I qualify?
Yes — as long as you're living and working in the U.S. with a valid Social Security number. That includes green card holders, and it generally includes those on work visas, such as an H-1B and H-2A. But it generally excludes visitors and people who are in the U.S. illegally.

Q: Are the cash payments taxable?
Nope.

Q: I live in Puerto Rico or another U.S. territory. Is that a problem?
Not at all. There’s a special provision ensuring that people living in U.S. territories, even ones that have a different tax system, are still eligible.

Q: What if I'm homeless or recently got out of prison? Will I get help?
As long as you have a Social Security number, you should be eligible to apply for the relief payments under the new system created by the IRS.

Q: I owe back taxes. Will the IRS snatch my check?
The bill doesn't exclude you from getting a payment if you owe past due taxes. That said, the IRS has yet to set up the new system.


https://www.nbcnews.com/politics/congress/coronavirus-checks-direct-deposits-are-coming-here-s-everything-you-n1168936

Prince Charles has tested positive for the novel coronavirus and is now self-isolating in Scotland.

per CNN: "He has been displaying mild symptoms, but otherwise remains in good health," according to a statement from his office.

Tx Lt Gov says grandparents would be willing to die to save the economy for their grandchildren

https://twitter.com/ndrew_lawrence/status/1242245135129346050

Hungary to consider bill that would allow Orbn to rule by decree, I bet tRump is salivating overit

Hungary’s parliament will consider an emergency bill this week that would give prime minister Viktor Orbán sweeping powers to rule by decree, without a clear cut-off date.

The bill seeks to extend the state of emergency declared earlier this month over coronavirus, and could also see people jailed for spreading information deemed to be fake news. The government has portrayed the move as a necessary response to the unprecedented challenges posed by the coronavirus pandemic, but critics immediately labelled the legislation as dangerously open-ended and vulnerable to abuse.

https://www.theguardian.com/world/2020/mar/23/hungary-to-consider-bill-that-would-allow-orban-to-rule-by-decree
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