Scammers steal hope, as well as cash, as they target job hunters during the pandemic. Some consumers report losing $1,500 or more to job scams.
Author: Susan Tompor, Detroit Free Press
If you still haven’t gotten a stimulus check, remember an Oct. 15 deadline is coming up
The IRS has sent letters to roughly 9 million people who have not yet gotten stimulus checks. An Oct. 15 deadline looms to claim money before 2021.
‘The taxes would not be waived’: Most won’t face Trump’s payroll tax break but federal workers will
The military and federal civilian employees will need to deal with a payroll tax break, which will need to be paid back next year. But others won’t.
Fake invoices for phony grants target PayPal customers
The phony invoice is a way to trick businesses — and consumers — into handing over cash and ID information. A new batch hit some PayPal accounts.
Scammers tell people they’re fired or may have COVID-19
The Federal Trade Commission received 83,858 fraud reports through Aug. 9 relating to COVID-19 and economic stimulus. Consumers lost $105.7 million.
Banks are begging for spare change: How long coin shortage could last
The COVID-19 coin shortage has many trying makeshift solutions, including a Wisconsin bank that temporarily offered bonus cash for coins.
Making sense of your plan
Quitting your 401 (k)?
Scammers orchestrate impersonation scheme on Square’s Cash App to steal money
A way to collect cash donations via Square’s Cash App to feed families during the economic fallout turned into a nightmare for one Detroit group.
Paper or e-file? Some July tax filers won’t have choice due to glitch
People aren’t thinking about income taxes in July but if you didn’t file April 15 or request an extension, pay attention to the summer deadline.
Car loan borrowers face challenges getting economic relief
The COVID-19 recession is making it hard for some consumers to manage their car payments. Borrowers must contact their lenders to request relief.