Commentary On the very day that lockdowns were announced (March 16, 2020), the Federal Reserve revved up its printing press and Congress prepared the CARES Act that spent $2.2 trillion to feed the lockdown beasts at the state level. It was a huge turning point in U.S. history that changed everything. We are still dealing…
The CARES Act: A Three-Year Retrospective
March 28, 2023
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Feed Stores: Livestock Ivermectin Flying off Shelves for Unapproved Human Use
January 29, 2022
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Feed stores around the country are discouraging shoppers from buying ivermectin formulated for livestock, for use in treating or preventing COVID-19 in humans. But despite their strictly worded warnings, they’re finding it’s difficult to keep the products made for horses, cows, sheep, and other animals in stock, workers at retailers specializing in animal products told…
Live Q&A: CDC May Limit J&J Vaccine Over Complications; Hospitals Get Incentives on COVID-19 Treatments
December 16, 2021
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The Centers for Disease Control and Prevention (CDC) is considering whether it should stop the use of the Johnson & Johnson COVID-19 vaccine over cases of it causing blood clots, which have been seen more in young and middle-aged women. The Washington Post reports that “the Advisory Committee on Immunization Practices will be presented with…
Eight Philadelphia Police Department Employees Indicted on Theft and Fraud Charges
November 23, 2021
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A total of eight employees of the Philadelphia Police Department have been caught double-dipping: receiving unemployment benefits while still working and receiving paychecks from the department. United States Attorney Jennifer Arbittier Williams said in a statement Tuesday that the eight employees were charged with fraudulently obtaining emergency unemployment benefits related to COVID-19, resulting in each…
8 Philadelphia Police Department Employees Indicted on Theft, Fraud Charges
November 23, 2021
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Eight Philadelphia Police Department civilian employees have been accused of receiving unemployment benefits while still working and receiving paychecks from the department, officials said. The employees were charged federally with fraudulently obtaining emergency unemployment benefits related to COVID-19, resulting in each facing one count of mail or wire fraud and one count of theft of…
Fintech CEO Sentenced to 6 Years in Prison for COVID-19 Relief Loan Fraud, Investment Fraud
Audrey Strauss, U.S. Attorney for the Southern District of New York, announced on Wednesday in a statement, that Sheng-Wen Cheng, a CEO of a financial technology company has been sentenced to 6 years in prison for fraudulently obtaining $7 million in government loans intended to provide relief during the COVID-19 pandemic as well as for…
NJ Lawmaker Proposes Using CARES Funds for Property Tax Relief Instead of Stimulus Payments for Illegal Immigrants
April 29, 2021
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New Jersey Assemblyman Gerry Scharfenberger, a Republican, proposed in April a bill urging the governor to reconsider diverting $40 million in federal economic relief funds to illegal immigrants and instead use the funds for property tax relief to New Jersey’s struggling homeowners. Homeowners in New Jersey have been struggling for years to pay their property…
Georgia GOP Opposes Biden Spending Bill Over Language That Blocks State Tax Cuts
March 12, 2021
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Georgia Republicans are opposing a stipulation in President Joe Biden’s $1.9 trillion coronavirus relief bill that could block states from using the federal funds to pay for tax cuts. The sweeping relief package, named The American Rescue Plan Act of 2021, was approved by Congress on March 10 and is headed back to President Biden’s desk. It includes a…
Four Ways 2020 Might Impact Your Tax Return
Last year, we dealt with a lot of unknowns because of the coronavirus situation. Taxes were no exception. From the federal tax deadline being moved up to new legislation being passed, there were loopholes coming at us left and right. Now that the dust is starting to settle, let’s get some clarity about what we…
What the Student Loan Payment Relief Extension Means for You
You guys, we all know 2020 was insane. But here’s some good news: You may not need to make student loan payments until October of this year because the student loan relief that came from the CARES Act has been extended through Sept. 30, 2021. Let’s talk about what this actually means so you know what’s…
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