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    Alexi Rosenfeld | Getty Images A more generous child tax credit provided qualifying parents with up to $3,600 per child last year. There's good news for families who missed out on some or all of those payments: It's not too late to file for the money. But to use a simplified tool — GetCTC.org — they must file by Nov. 15 to submit their information for the funds. "The money is there; the money is yours," said Gabriel Zucker, associate policy director for tax benefits at Code for America, a charitable organization that provides the tool. More from Investor Toolkit:How to qualify for $10,000=plus in federal climate incentivesAdvisors' portfolio suggestions amid recession fearsSupplemental Security Income is falling short "You have through Nov. 15," he said. "Don't wait." That message applies to parents with little to no income, who consequently do not typically have tax-filing obligations. This year, however, those non-filers have an added incentive to submit their information to the government: enhanced tax credits that were temporarily enacted through the American Rescue Plan legislation in 2021. Those include the child...
    SOUTH Carolina officials has announced nearly $1billion will be sent back to residents in the form of tax rebates. The payment gives taxpayers something to look forward to amid rising prices due to inflation. 1The rebates will be paid out by December 31 Those who requested an extension have until October 17 to get their taxes in order to be eligible for the payment. State lawmakers approved the rebates in June when they finalized the state budget, but the amount for the rebate can't be finalized until all tax returns have been filed. Right now, officials have capped the rebates at $700, but this could change after October 17. The amount each person gets will be determined by tax liability. Read more on tax rebatesCHECKING IN More than one million Americans to get a check worth up to $1,500 this weekSURPLUS FUNDS Millions of Americans could get up to $500 in tax rebates under new round Eligibility The requirements for the rebate are simple — file your taxes and have a tax liability. South Carolina...
    WASHINGTON (AP) — Chair Jerome Powell on Tuesday underscored the Federal Reserve’s determination to keep raising interest rates until it has brought inflation under control — a high-stakes effort that carries the risk of causing an eventual recession. The Fed’s increases in its benchmark short-term rate typically lead, in turn, to higher borrowing costs for consumers and businesses, including for mortgages, auto loans and credit cards. The economy usually slows as a result. “What we need to see is inflation coming down in a clear and convincing way,” Powell said in remarks to a Wall Street Journal conference. “And we’re going to keep pushing until we see that.” Powell’s remarks Tuesday followed other statements he has made that have made clear that the Fed is implementing a series of rate hikes that could amount to the fastest tightening of credit in more than 30 years. Last week, the Fed raised its key rate by a half-point — double the usual increase — for the first time since 2000, to a range of 0.75% to 1%. Copyright © 2022...
    DENVER (CBS4)– The Denver Zoo will be closed until noon Tuesday for an emergency preparedness drill. Guests may see emergency response vehicles at or around the zoo on Tuesday morning. (credit: CBS) There will be several agencies taking part in the drill, including the Denver Police Department, the Denver Fire Department, and 911 dispatchers. They will be working on streamlining communication and response times in case of a threat to public safety. (credit: CBS) “We really feel it’s our responsibility as one of the largest cultural institutions in the state to help protect our community. That’s our top priority. We’re really proud to work with local law enforcement and other first responder agencies,” said Denver Zoo Director of Communications Jake Kubié. REMINDER: Denver Zoo will be closed today until noon for an emergency preparedness drill. We will reopen to the public after the drill at noon. As a reminder, if you see emergency response vehicles on or around the Zoo during this time, please know this is an exercise situation. pic.twitter.com/tGakaMbQt4 — Denver Zoo (@DenverZoo) April 26, 2022 The...
    AMERICANS who have put off their taxes have just days to file a return or extension. As you rush to gather your documents, it can be easy to make simple mistakes. 1More than 91million Americans have already filed their 2021 taxesCredit: Getty These slip ups can lead to errors large and small. While just four out of every 1,000 returns were audited by the IRS last year, you want to avoid the hassle of making a correction. And tax day is down to the wire. If you have not filed, and made more than $12,550 in 2021, you have until Monday, April 18. Read more on taxesTAXING TIMES 12 states that won't tax your retirement withdrawals - is yours on the list?NOTE-D Seven tax refund myths revealed by the IRS as millions get $3,226 on average Here are common mistakes to avoid: 1. Mismatches and typos It may sound like a no-brainer, but having to correct information can trigger a second or even third review. Common mistakes include typing in the wrong line and mixing up numbers. 2....
    PITKIN COUNTY, Colo. (CBS4) – Reservations to visit one of Colorado’s gems this summer will open soon. Starting April 11, you can book a spot on a shuttle or reserve a parking spot at the base of Maroon Bells. (credit: Danielle Chavira) Reservations cost $10 and are required until the popular site closes ahead of fall. The shuttle will cost $16 and is available between May 27 and Oct. 24. The shuttle runs every 15 minutes between 8 a.m. and 5 p.m. from Aspen Highlands. The free Roaring Fork Transportation Authority bus can be accessed from Ruby Park in downtown Aspen which will taken them to Aspen Highlands. (credit: Danielle Chavira) “The reservations system we have used for the past two years has been very successful in reducing overcrowding and improving visitor experience at this iconic Colorado location,” said Shelly Grail, Recreation Manager for the USDA Forest Service Aspen-Sopris Ranger District. The road straight to the bells opens May 15. (credit: Danielle Chavira) Those being dropped off by private vehicle between 6 a.m. and 8 a.m. will need to have...
    EMPIRE, Colo. (CBS4)– Things are going poorly for the roughly 300 people living in Empire, off of Interstate 70 in Clear Creek County. The town currently has no running water, and is bringing in water trucks to make sure residents are able to survive until a fix is put in place. (credit: CBS) The alert first went out Saturday that residents could see low flow levels, or even no water coming from their taps, spouts and toilets. Now, no water is the expectation. The Empire Police Department detailed out the issues Sunday. After a well was shuttered last year because of heavy levels of zinc and magnesium, the town was forced to rely on it’s backup water source from the Madd Creek. Town officials tell Mountain Newsroom Reporter Spencer Wilson the creek has always dropped flow levels in March because of the continuous cold weather, but with tough drought, their levels have fallen even further. (credit: CBS) Finally, readings are showing the town is using far more water than they should be for the number of users....
    TENS of millions of taxpayers still waiting on their refunds filed in 2021 might receive them at the end of the year.  The Internal Revenue Service (IRS) continues to deal with a massive backlog of unprocessed tax returns. 1There are a few things you can do to avoid delays this tax season For the most part, the delays reflect 2020 tax returns that were filed last tax season.  The delays could be attributed to a few reasons including the following:   Mistakes related to the recovery rebate credit Missing information Suspected identity theft An underfunded IRS While it’s been a frustrating last year or so for many taxpayers – at least it looks like there’s finally an end in sight. READ more tax storiesCASHING IN You can start claiming up to $22,500 in stimulus payments today from the IRSTAKE NOTE Key tax dates and deadlines for 2022 to avoid penalties or miss out on tax breaks IRS commissioner Charles Rettig told Congress Thursday that tens of millions of tax returns will be processed by December.  Additionally, Mr Rettig noted that this tax...
    VAIL, Colo. (CBS4)– Vail Mountain is making history this year by extending the skiing and boarding season until May 1, making it the longest continuous season. (credit: CBS) Skiers and boarders can enjoy the snow for an extra week. Vail said its 2019 investment in North America’s largest snowmaking project is making it happen. That also helped with dry weather conditions early in the season. (credit: CBS) Vail is 97% open and has measured more than 190 inches of snow for the season so far.
    SACRAMENTO, Calif. -- Newsom administration officials said Wednesday they're in no rush to make changes to one of California's key climate change programs despite concerns it won't be able to meet its goals for reducing greenhouse gas emissions.The program in question - called cap and trade - requires companies like oil refineries that emit carbon to buy allowances equivalent to what they plan to emit. Over time, fewer allowances are made available with the goal of spurring companies to pollute less.But a recent report by a panel that advises state lawmakers found companies have saved up so many pollution credits - 321 million - for later use that it could make the program ineffective. The report's authors, environmental advocates and some lawmakers have urged the California Air Resources Board to do a thorough analysis of the risks posed by the saved allowances.RELATED: Western U.S. megadrought worsens to driest in at least 1,200 yearsBut Jared Blumenfeld, secretary of the California Environmental Protection Agency, said Wednesday that likely won't happen until the end of 2023."We're looking at this with the attention that...
    CHICAGO (CBS) — A fast-moving Clipper system will move through this evening bringing a dusting of snow. The best time for snow is 8-10 p.m. (Credit: CBS 2) High winds will make for hazardous travel and poor visibility through tomorrow morning. Lake & McHenry have a Wind Advisory for gusts to 45 mph. (Credit: CBS 2) (Credit: CBS 2) A Winter Weather Advisory for most of the area until 9 a.m. tomorrow due to blowing & drifting snow. (Credit: CBS 2) TONIGHT: Evening snow showers. Windy. Clearing late. Low 9. SATURDAY: Sunny & very cold. Wind chills to -10. High 23. SUNDAY: Windy & partly cloudy. High 45. (Credit: CBS 2)
    Dallas Cowboys quarterback Dak Prescott lashed out as his team’s fans for throwing debris on the field at the end of the game, but then abruptly changed his tune when he learned that the debris was intended for the officials. Prescott made the comments during the postgame news conference Sunday after his team’s 23-17 playoff defeat against the San Francisco 49ers. The game ended on a widely-criticized play call when Prescott ran a quarterback draw with 14 seconds remaining, which went for 16 yards. With no timeouts, Dallas was forced to wait for the umpire to spot the ball before they could spike it to stop the clock. But the official couldn’t get up the field fast enough for Dallas and time expired. After the game, Prescott initially criticized fans who threw bottles and other debris onto the field at AT&T Stadium. “That’s sad,” Prescott said. “I mean, you’re talking about a team, you’re talking about men who come out here every day of their lives and give everything to this sport, give everything to this...
    PITTSBURGH (KDKA) — There are a few flurries right now, but snow is still southwest. A few inches are possible for the Pittsburgh region this evening with snow picking up around 8 p.m. and going until about 1 a.m. READ MORE: Kidsburgh: Family-Friendly Winter Activities (Photo Credit: KDKA Weather Center) This is a very fast-moving system, and the ridges are expected to get 5-7″. (Photo Credit: KDKA Weather Center) This will be significant for eastern parts of Fayette County and a lot of snow for skiers! There’s a Winter Weather Advisory for Green, Fayette, Somerset, and Westmoreland start at 3 p.m. and go until 9 a.m. Friday where over 3 inches are expected. READ MORE: Pa. Lottery: Winning Powerball Ticket Worth $100,000 Sold In Somerset County (Photo Credit: KDKA Weather Center) There’s a Winter Storm Warning starting at 3 p.m. and going until 9 a.m. tomorrow as well for ridges of Fayette, Garrett County, and northern parts of WV where over 5″ is expected. So far this is the 8th slowest...
    President Joe Biden intends to restart negotiations on Build Back Better with West Virginia Joe Manchin after a 'cooling off period,' according to a report published on Wednesday. The key centrist shot down the current version of Democrats' $1.75 trillion Build Back Better bill last month. After earlier reports that Manchin was looking for a way to help the president pass his agenda, the moderate Democrat told reporters on Tuesday morning that there are 'no negotiations going on at this time.' But an unnamed Senate Democrat told The Hill the current pause is necessary to progress. They indicated that the final product will likely look much different than the version Manchin killed in December. 'We all acknowledge, understand there’s a cooling off period and we need to give a little distance to Manchin and Biden on this so they can come back together and try again,' the lawmaker said. 'My guess is there will be a very significant reworking of the bill.'   They reportedly agreed to the pause, which will last as Democrats hash out voting rights legislation and filibuster...
    STRUGGLING Americans could be handed a financial lifeline with stimulus checks expected to continue until March next year. The boost comes as families across the US were also told to look forward to getting a potential “New Year” stimulus check next year worth a possible $1,400. 1Stimulus checks are set to continue until March, according to Federal Reserve directorsCredit: Alamy The much-needed relief money — made possible with the help of President Joe Biden’s $1.9trillion American Rescue Plan — has been going out Americans across the country since the COVID-19 Stimulus Package was signed into law in the spring. While there have been calls for a fourth round it is looking unlikely that Congress will pass such a bill any time soon as the economy starts to make a recovery after being ravished by the coronavirus. However, some families on child tax credit could get a payment in early 2022 as the Internal Revenue Service (IRS) hasn’t completed sending out the third round of Economic Impact Payments. It would follow a raft of new payments options set to be in place in the New...
    (CNN)Senate Democrats are expected to punt consideration of the cornerstone element of President Joe Biden's agenda into next year after private conversations between Biden and the key Democratic holdout made clear the bill would not have the votes to pass this month.Critical talks between Biden and West Virginia Democrat Joe Manchin, the Senate's most important swing vote, over how to pass a $1.75 trillion economic and climate package remain far from any resolution on a series of issues, according to multiple sources with knowledge of the discussions. The impasse, even as talks are expected to continue, marks the clearest sign yet that Democrats will be forced to delay a Senate vote until at least 2022 despite an effort by leadership to approve the bill before Christmas. A source briefed on the conversations tells CNN that talks between Manchin and Biden over the bill, known as Build Back Better, are "very far apart." Given the state of the talks between the influential moderate senator and the President, sources familiar with the matter say Senate Majority Leader Chuck Schumer is very likely...
    DENVER (CBS4)– Both the Denver Christkindl Market and Cherry Creek Holiday Market delayed opening on Wednesday until the wind gusts calmed down. The Cherry Creek Holiday Market planned to open at 2 p.m. Wednesday, with the Christkindl Market opening as organizers monitor conditions and may decide to open after 2 p.m. (credit: CBS) The Denver Christkindl Market is located in Civic Center Park. Hours for the seasonal market are Thursdays through Saturdays from 11 a.m. to 9 p.m. and Sundays through Wednesdays from 11 a.m. to 7 p.m. through Dec. 23. (credit: CBS) The Cherry Creek Holiday Market runs seven days a week, 11 a.m. to 7 p.m. Sunday through Wednesday and 11 a.m. to 9 p.m. Thursday through Saturday (11 a.m. to 2 p.m. Thanksgiving Day and Christmas Eve).
    GLENWOOD SPRINGS, Colo. (CBS4) – Hanging Lake is getting some extra help in its recovery after this summer’s mudslides damaged the popular tourist destination. The City of Glenwood Springs is donating $50,000 to help restore the area to its pristine condition. (credit: CBS) READ MORE: 6 Teenagers Shot At Nome Park In Aurora, Witness Says He Heard '30-50 Shots'First, the trail was ravaged by the Grizzly Creek Fire that burned in Glenwood Canyon in 2020. Then, flash flooding on the burn scar caused massive damage in the canyon, including millions of dollars of devastation on Interstate 70 this summer. (credit: CBS) READ MORE: Colorado Ranked Among 5 Worst U.S. States For DriversIn August, aerial video of the popular Colorado stop showed the once-turquoise lake possessing a dark brown color. A few weeks later, the lake had returned to its blue color. Hanging Lake Trail is closed to visitor until further notice and may not fully reopen until 2023. (credit: CBS) MORE NEWS: Child Tax Credit: November Payments Arriving In Parents' Bank AccountsThe money will...
    TODAY is the final deadline for Americans to claim child tax credits in 2021. Those who miss today's deadline will have to file a tax return in order to receive the credits next year. 1Today is the deadline for non-filersCredit: Getty Images Non-tax-filers can use GetCTC.org tool to receive the child tax credit payments. Designed to help families claim their child tax credits and stimulus checks easily, the tool is free to use, works on both desktops and mobile devices, and is available in both English and Spanish. Eligible families can input their name, address, and Social Security numbers into the site, providing the IRS with the necessary information to receive the payments. By filing ahead of today's deadline, families will receive a check on December 15 for six months' worth of child tax credit payments. Those who have previously filed will receive a direct deposit today, or a paper check within the coming business days. However, there may be delays in receiving payment if the IRS does not have the most up-to-date information on file for you and...
    West Virginia Sen. Joe Manchin has raised more concerns about President Joe Biden's 'Build Back Better' plan – this time dissing a program in House legislation to provide $4,500 grants to electric vehicles made in union shops in the U.S. Manchin made the comments at an event in West Virginia with execs from Toyota Motor North America's, which is investing in a new components plant in his state, with $240 million planned in his state.  Manchin, who has previously raised concerns about the size of the package, the timeline for doing it, and its potential impacts on the deficit and inflation, acknowledged going back and forth with fellow Democrat Michigan Sen. Debbie Stabenow.  Sen. Joe Manchin bashed a provision to provide in the House version of 'Build Back Better' legislation to provide a $4,500 grant for union-made electric vehicles made here The tax credit is on top of other tax credits that go across the industry.  'When I heard about this, what they were putting in the bill, I went right to the sponsor,' he said of Stabenow, Automotive News...
    THE child tax credit program continues with another payment set to be issued next week. As part of President Joe Biden’s American Rescue Plan, qualifying families have been receiving monthly payments, worth up to $300 per child. 1November child tax credit payments are expected to be issued in the coming weeks The bill was enacted in March to help families get back on their feet amidst the Covid pandemic. As part of the plan, monthly payments began in July 2021 and will continue through December. The second half of the credit will be paid out upon filing 2021 taxes next year. Four payments have already been issued in 2021, with only two remaining this year. Payments are issued via direct deposit and paper check. Most read in MoneyNAME GAME Shiba Inu down & Bitcoin up as Elon changes Twitter name to match new crypto coinPRETTY PENNY Rare 1944-D Lincoln Penny sells for $115k due to zinc-coated steel planchetOPT IN OR MISS OUT Child tax credit deadline just a week away to get up to $1,800 per kidCALI CASH California sends...
    TIME is running out for low-income households to claim advance child tax credits, worth up to $1,800 per child. The deadline to use the Internal Revenue Service (IRS) non-filer tool for child tax credit was on October 15. 1Non-filers have until November 15 to use the GetCTC tool - or they'll miss out on advance creditsCredit: Alamy However, thanks to an application launched in partnership with the White House, US Treasury, and Code for America – you can still sign up. The GetCTC.org tool is available for those households who haven't filed tax returns for 2019 and 2020. You typically didn't have to file a tax return if you earned less than $12,200 as a single taxpayer in the 2020 tax year or $24,400 as a married couple filing jointly. To claim with the tool, you’ll need your Social Security number or an individual taxpayer ID number. The deadline to use it is on November 15 though, meaning it's just one week away. If you claim before then, you'll get the entire advance child tax credits as one payout in December...
    TIME is running out for low-income households to claim advance child tax credits, worth up to $1,800 per child. The deadline to use the Internal Revenue Service (IRS) non-filer tool for child tax credit was on October 15. 1Non-filers have until November 15 to use the GetCTC tool - or they'll miss out on advance credits However, thanks to an application launched in partnership with the White House, US Treasury, and Code for America – you can still sign up. The GetCTC.org tool is available for those households who haven't filed tax returns for 2019 and 2020. You typically didn't have to file a tax return if you earned less than $12,200 as a single taxpayer in the 2020 tax year or $24,400 as a married couple filing jointly. To claim with the tool, you’ll need your Social Security number or an individual taxpayer ID number. The deadline to use it is on November 15 though, meaning it's just eight days away. If you claim before then, you'll get the entire advance child tax credits as one payout in December -...
    TIME is running out for low-income households to claim advance child tax credits, worth up to $1,800 per child. The deadline to use the Internal Revenue Service (IRS) non-filer tool for child tax credit was on October 15. 1Non-filers have until November 15 to use the GetCTC tool - or they'll miss out on advance credits However, thanks to an application launched in partnership with the White House, US Treasury and Code for America – you can still sign up. The GetCTC.org tool is available for those households who haven't filed tax returns for 2019 and 2020. You typically didn't have to file a tax return if you earned less than $12,200 as a single taxpayer in the 2020 tax year or $24,400 as a married couple filing jointly. To claim with the tool, you’ll need your Social Security number or an individual taxpayer ID number. The deadline to use it is on November 15 though, meaning it's just 10 days away. If you claim before then, you'll get the entire advance child tax credits as one payout in December -...
    SUNDAY is the last day for Americas to sign up to receive November's $300 child tax credit payments. THOSE who sign up to claim credit by November 1 will get half the total credit up front for November and December payments. 2Americans have until Monday to sign up for November's child tax credit paymentsCredit: Getty 2Those who miss the deadline have until November 15 to sign up for December's payments – and those who miss out all together can claim credit as a refund with their 2021 tax filingCredit: Getty They will then receive the other half as a refund when they file their 2021 tax returns with the IRS next tax season. Those who miss the deadline still have until November 15 to register for December's payment. As December is the last month of the calendar year, individuals will have to enroll before the November deadline for advanced payments, or wait until they file their tax returns to receive credit. Americans can sign up using the GetCTC.org site – the only means of signing up. This year, six monthly payments of...
    Getty Images Millions of American families with children have received four monthly payments through the new enhanced child tax credit. But for families who still need to sign up for the benefit but haven't, time is ticking. That's because after December, families will have to file a tax return and wait to get the entire credit as a refund from the IRS. On the other hand, families claiming the credit now will get cash up front and receive the second half when they file 2021 taxes next year. There's also a limited window for families with eligible children to sign up if they didn't get checks automatically. The site GetCTC.org, begun by Code for America in collaboration with the U.S. Department of the Treasury and the White House, will only be available through Nov. 15. "If parents haven't already gotten the payment and they're eligible for it, it's not too late to sign up," said Ashley Burnside, a policy analyst at the Center for Law and Social Policy. More from Invest in You:Suze Orman: Here's how couples should budget their...
    PITTSBURGH (KDKA) – Good morning! You have three more mild days left before fall weather moves in. READ MORE: Allegheny County Councilmember Makes Another Push For Mandatory Mask-WearingI’m not saying that you won’t see any more 70 degree days. Any chance for more than two 70 plus days in a row from this point on through the rest of the year though is going to be pretty low. Photo Credit: KDKA Weather Center WEATHER LINKS: Current Conditions | School Delays & Closings | Local Radar | Weather App | Photos Yesterday’s high hit 75 degrees and we should be a little cooler than today. Today is also the second day in a row where model data, at least overnight, had temperatures way too warm. I am forecasting a high temperature in Pittsburgh of 73 degrees with mostly cloudy skies. Photo Credit: KDKA Weather Center Winds will be out of the southwest at 3-8mph with just an isolated rain chance for the day. READ MORE: Police Chase Comes To An End When Driver Slams...
    MINNEAPOLIS (WCCO) – Saturday will start out with sunshine and warm temperatures, but there will be a chance for severe weather in the western part of the state in the evening. High temperatures are forecasted for 78 degrees in the Twin Cities area. The morning will see lots of sun – especially in central and southern Minnesota – but clouds will develop in the afternoon. In western Minnesota, after an initial bout of rain in the afternoon, there will be a slight chance for severe weather starting around 8 p.m. WCCO meteorologist Katie Steiner says there is a possibility for strong winds and large hail until midnight in areas such as Alexandria and Brainerd. Credit: CBS Temperatures will be around 63 degrees overnight, which is very warm for this time of year. Then, a high of 70 degrees is possible in the Twin Cities on Sunday. Credit: CBS There is a chance for spotty showers on Sunday, especially in central Minnesota. After that, the rain should clear out until mid-week. Wednesday could see some scattered thunderstorms, and by Thursday, temperatures should...
    AMERICAN families are pushing for child tax credit payments to become permanent as lawmakers bid to extend the $300 monthly checks until 2025. Economists this week sent a letter to Congress requesting they make permanent the 2021 expansion of the Child Tax Credit.   1Child Tax Credit payments are being sent to American familiesCredit: Getty Images - Getty In the letter, economists write about the major disadvantages children growing up in poverty face.  “On average, they attain less education, face greater health challenges, and are more likely to have difficulty obtaining steady, well-paying employment in adulthood,” the letter states.  The letter also stated how prolific childhood poverty is in the US, affecting one in seven children and one in five children of color. In short, the credit will lift about 4.1 million children out of poverty, decreasing the poverty rate by about 40 percent. In total, 65.6 million American children - 90percent of all kids in the U.S.- would benefit, according to the Center on Budget and Policy Priorities. Four hundred and forty-eight economists signed off on the letter,...
    CHICAGO (CBS) — We are expecting scattered storms until sunset, with the main focus being Northwest Indiana. (Credit: CBS 2) A severe thunderstorm watch is in effect for LaPorte County, Indiana until 10 p.m. The severe thunderstorm watch also extends eastward across Northern Indiana and into Ohio, and also covers much of the Lower Peninsula of Michigan all the way to Detroit and Port Huron. But La Porte County is the only greater Chicago area county affected. READ MORE: A Day After Wifes Funeral, In-Laws Told Great Grandfather Hed Have To Move Out Of His Westchester Home (Credit: CBS 2) On Tuesday night, there will be clouds early, followed by clearing late. The low is 61. READ MORE: City Council Votes To Allow Chicagoans To Continue Commenting Virtually (Credit: CBS 2) On Wednesday, it will be clearing and cooler with a high of 78. MORE NEWS: City Council Approves Ordinance To Crack Down On Single-Use Utensils At Chicago Restaurants (Credit: CBS 2) On Thursday, it will be mostly sunny with a high of 82.
    MILLIONS of eligible Americans will start receiving the third monthly payment of the enhanced Child Tax Credit from tomorrow. Parents of about 60 million children will receive direct deposit payments on September 15, while some will receive their checks through the post a few days later. 2Parents will receive the payments starting from Sept. 15Credit: Alamy Parents will receive $300 for each child aged five or under, and $250 for children between six and 17 years old. The maximum credit is available to taxpayers with a modified adjusted gross income (AGI) of $75,000 or less for singles, $112,500 or less for heads of household, and $150,000 or less for married couples filing a joint return and qualified widows and widowers. If your income is above this, the extra credit you receive per child is reduced by $50 for every $1,000 in modified AGI. INFLUX OF CASH While it's too late to make changes ahead of this month's payment, taxpayers have until October 15 to make sure their information is updated with the IRS. The CTC payments will continue to be sent out...
    MILLIONS of eligible Americans will start receiving the third monthly payment of the enhanced Child Tax Credit from tomorrow. Parents of about 60 million children will receive direct deposit payments on September 15, while some will receive their checks through the post a few days later. 2Parents will receive the payments starting from Sept. 15Credit: Alamy Parents will receive $300 for each child aged five or under, and $250 for children between six and 17 years old. The maximum credit is available to taxpayers with a modified adjusted gross income (AGI) of $75,000 or less for singles, $112,500 or less for heads of household, and $150,000 or less for married couples filing a joint return and qualified widows and widowers. If your income is above this, the extra credit you receive per child is reduced by $50 for every $1,000 in modified AGI. INFLUX OF CASH While it's too late to make changes ahead of this month's payment, taxpayers have until October 15 to make sure their information is updated with the IRS. The CTC payments will continue to be sent out...
    THE child tax credit monthly payments are set to expire in December, but parents may see these payments until 2024, as Democrats might extend them. Democrats in the senate are reportedly considering including the three-year extension in their $3.5trillion budget plan, as President Joe Biden asked congress to do back in July. 1Democrats have not ruled out getting rid of full refundability until the end of the decade to shave off $35billion from the budget However, if extended it is possible the aid will be scaled back both to decrease costs and to convince moderate democrats to support the package. A Senate Democratic aide familiar with the ongoing discussions told Business Insider the child tax credit would drop back to $2,000 in 2024. Families who owe little to no taxes, however, would get the full payment or "full refundability" permanently. But this isn't settled, as Democrats have not ruled out getting rid of full refundability until the end of the decade to shave off $35billion from the budget. Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi are...
    THE monthly child tax credits worth up to $300 per child could be extended until 2024, according to reports. Senate Democrats are reportedly considering a three-year extension of the boosted credits, which are worth up to $3,600 per child in 2021. 1President Joe Biden spoke during an event to mark the start of monthly child tax credits in JulyCredit: AP An aide said to be familiar with ongoing discussions told Business Insider that the extension could be included in the $3.5trillion budget plan. The Democrats have already announced they plan to extend the credits as part of the plan, but the details have previously been scant. According to the reports, the boosted credits could be extended for three years but would then drop back to $2,000 in a presidential election year. Meanwhile, families who owe no or little federal tax may continue to get the full benefits permanently, meaning it's fully refundable. In previous years, the credits were worth $2,000 per child and the refundable portion was limited to $1,400. However, due to budget constraints, another option on the table...
    THE third child tax credit installment will land in accounts in just one week on September 15. We explain how much your family should get, depending on your individual circumstances and whether you started claiming late. 1The third child tax credit will land in bank accounts in just one week's timeCredit: Alamy To qualify for the payments, couples need to make less than $150,000. While single parents who file as heads of households need to make under $112,500. The child tax credits are worth $3,6000 per child under the age of six in 2021, $3,000 for kids aged six to 17 and $500 for college students. However, the credits for kids aged up to 17 are automatically issued as monthly installments between July and December. The remaining half is then given out once the IRS has processed your 2021 tax refund in 2022. Assuming you qualify, below we explain how much to expect next week. Most read in MoneyCHECK AGAIN Calls mount for fourth stimulus payment after first child tax credit deadlineCASH COMING Direct deposit dates revealed ahead of September...
    CHICAGO (CBS) — A cold front moving in Tuesday afternoon is bringing storms to the Chicago area, and prompting a severe thunderstorm watch for most of northern Illinois and parts of northwest Indiana. The severe thunderstorm watch is in effect until 9 p.m., and covers an area stretching from Lake County to the Iowa border, and as far south as Champaign County in Illinois, as well as five counties in Northwest Indiana. READ MORE: Student Brought Gun To Leif Ericson Elementary School Last Week, Police Say The National Weather Service also has issued a severe thunderstorm warning in McHenry County until 1:30 p.m., as storms move in from the northwest, headed to the southeast. That system is moving east, bringing possible winds of 50 to 60 mph and quarter-sized hail. Severe storm WARNING issued for McHenry county until 1:30PM, moving east. 50-60mph wind possible and quarter size hail. @cbschicago pic.twitter.com/vV9SCmsLGd — Laura Bannon (@LBannonWX) September 7, 2021 Temperatures heated up quickly during the day, bringing temperatures to the mid 80s by the afternoon ahead of the storm system. READ...
    A FAMILY were left baffled when a "star" appeared in broad daylight and started to move - leading them to believe they witnessed a UFO. Jay Mitchell, from Hamilton, Illinois, was driving his family near the city of Keokuk, Iowa, when they filmed the eye-popping presence in the air. 4A family roadtrip turned into a UFO encounter when a star unexpectedly appeared in the sunlit sky – and then started to moveCredit: Credit: Pen News 4In video footage, Jay Mitchell's daughter, 6, was heard asking if they were witnessing aliens in the skyCredit: Credit: Pen News In video footage, Mr Mitchell's daughter, 6, can be heard asking if they were witnessing aliens in the sky. But her mother is heard attempting to reassure her that it's not extra terrestrial life while pondering if it was "a plane or a drone" - despite no knowing themselves. Speaking of the encounter, Mr Mitchell said: “We noticed it in the sky because it was a huge bright star and we thought it was odd that there was a bright star during daytime. “It...
    CHICAGO (CBS) — It will be breezy overnight and through the morning hours, keeping waves at 3 to 6 feet. A Beach Hazards Statement is in place until 10 a.m. Thursday. READ MORE: Boy, 13, Shot And Killed In Portage Park Apartment; Suspect In Custody (Credit: CBS 2) For Wednesday night, the low is 62 under fair skies. For Thursday, the high is 79. READ MORE: A Day After 880 Crown Point, Indiana Students Were Sent Home To Quarantine After COVID-19 Exposure, Theyve Been Asked To Return To School (Credit: CBS 2) During the day Thursday, winds relax to under 10 mph. Rain chances increase later in the day Friday through Saturday. (Credit: CBS 2) For Friday, the high is 78. MORE NEWS: Protests Over Dolton Police Shooting That Killed 19-Year-Old Alexis Wilson End With Arrests Look for seasonable temperatures for the holiday weekend.
    CHICAGO (CBS) — It has been hot and humid again Thursday. (Credit: CBS 2) We are watching for thunderstorms to form along the lake breeze and linger until sunset. Heavy downpours and gusty winds could accompany any storms that form. READ MORE: 2 Killed,1 Injured In Shooting Outside Kankakee County Courthouse; Two Suspects In Custody (Credit: CBS 2) Severe storms are expected across southern Minnesota and northern Iowa on Thursday. We could also see storms overnight from this disturbance. (Credit: CBS 2) The overnight low is 74. READ MORE: More Than 22,000 Unemployment Claims Filed In Illinois Last Week Amid COVID-19 Pandemic It will still be hot and humid through the weekend until the main cold front crosses our area Sunday night. (Credit: CBS 2) The high for Friday is 91 with a heat index of 100 and passing thunderstorms. For Saturday, the high is 92 with sunny and hot conditions, but a stray afternoon storm. MORE NEWS: Illinois Supreme Court Rules Markham Mayor Roger Agpawa May Remain In Office Despite Felony Conviction On Sunday, the high...
    CHICAGO (CBS) — Isolated showers and thunderstorms through sunset are slow movers, creating heavy downpours in spots. Otherwise, humidity continues to increase. READ MORE: Kanye West To Hold Donda Listening Party At Soldier Field On Aug. 26 Look for better coverage of fog Wednesday night with higher dewpoints and calm wind. The low for Wednesday night is 70. READ MORE: Visitation To Be Held Wednesday For Fallen CPD Officer Ella French The high for Thursday is 87, Friday 88. (Credit: CBS 2) (Credit: CBS 2) With the heat and humidity building in the afternoon, pop up shower or storm chances are possible the next few days. MORE NEWS: Retired Evergreen Park Special Education Teacher Killed, Another Person Wounded In Dan Ryan Expressway Shooting; 2 In Custody After Chase (Credit: CBS 2) (Credit: CBS 2) Organized shower and thunderstorm activity arrives Saturday with a cold front. (Credit: CBS 2)
    PARENTS are eligible for a second round of Child Tax Credit as of today – but some have yet to receive it. The expansion credit is part of the American Rescue Plan providing checks to families through direct deposit or mail each month until December. 1Some Americans are livid as they are still waiting to receive their checksCredit: Getty ‘Where is my child tax credit?’ Some Americans are livid as they are still waiting to receive their checks. One person wrote on Twitter, “Can somebody tell me why I ain’t get a child tax credit? Or my taxes.” Another wrote, “Where [the f**k] is my child tax credit.” “Please explain why I received my child tax credit through Direct Deposit last month, then all of a sudden they have took it upon yourself to change my payment to mail???? I have rent due!” someone else pleaded. “@USAGov WHERE IS MY CHILD TAX CREDIT I HATE YOU PEOPLE SOOO MUCH," another wrote. Most read in The US SunMORE MONEY New payment 'to arrive THIS WEEK' from IRS & be deposited in...
    CHICAGO (CBS) — For the fourth time in three days, a severe weather event is expected in the Chicago area Wednesday night. (Credit: CBS 2) A line of strong storms is expected to move in during the evening, and will likely trigger Severe Thunderstorm Warnings. A few Tornado Warnings could be possible as well. READ MORE: North Aurora Police Fatally Shoot Man Who Pointed A Gun At Officers (Credit: CBS 2) A Heat Advisory also remains in place until 7 p.m. This line is likely to approach the CBS 2 viewing area by 6 p.m. It may not be in Chicago area until 8 to 10 p.m. The exit for the area may not happen until midnight to 2 a.m. READ MORE: Report Concludes CFD Diver Juan Bucio Drowned During River Rescue As He Struggled To Maintain Air, Buoyancy Wind damage is the primary concern. Damaging winds could reach 60+ mph For tornadoes, an isolated threat exists. A few are possible. Some hail is also possible. (Credit: CBS 2) A Tornado Watch is likely sometime Wednesday afternoon/evening. MORE NEWS: Child...
    CHICAGO (CBS) — Severe storms are expected later Tuesday evening, producing gusty winds and torrential rain. This is likely to be mainly a severe wind event, but more tornadoes couldn’t be ruled out. READ MORE: Boy, 14, Charged In Old Town Shooting That Left Four Wounded, Including Himself (Credit: CBS 2) In addition, a Heat Advisory remains in place until 7 p.m. for Heat Index values over 100. (Credit: CBS 2) Expect a few pop-up storms to begin between 5 and 6 p.m., but the bulk of the severe weather is not likely until 7 to 9 p.m., possibly continuing through 1 a.m. READ MORE: One Man Dead, One Critically Wounded In Shooting On 79th Street Near Cottage Grove Avenue The storms likely will contain very strong winds. There is, again, and isolated threat of tornadoes – but not nearly as high a threat as on Monday. There is also a minor threat of hail. Flooding and rain is also a significant concern late Tuesday night and early Wednesday morning. (Credit: CBS 2) We’ll likely see a Severe Thunderstorm Watch...
    GLEN HAVEN, Colo. (CBS4) – Tom Housewright was soaked standing in the middle of the road making sure cars didn’t try to cross Miller Fork of the Black Creek. Tree logs had washed across the road after a downpour washed debris and scorched earth into the creek. The damage is remarkable and becoming routine in this part of Larimer County. (credit: CBS) “It rose really quickly this time earlier today. We came up about three feet, four feet, with just a bit of debris,” Housewright, a volunteer firefighter for the department in Glen Haven said. Rain fell for most of the afternoon and evening around Glen Haven. The bigger concern was downstream from Houseright’s post because of danger to more roads and homes. Evacuations were ordered for the Retreat subdivision off of County Road 43, again. A storm a few weeks ago caused similar damage. Rain in Glen Haven on Friday night (credit: CBS) “We were expecting it,” Housewright said about the damage and debris. “Everybody in the affected roads, they’ve been under this ever since July 4, I think....
    Meghan McCainMeghan Marguerite McCainMeghan McCain to produce 'Don't Sweat the Small Stuff' Lifetime movie starring Heather Locklear Fox News blasts 'ambush' of Carlson at Montana fly-fishing store Meghan McCain on Pelosi, McCarthy fight: 'I think they're all bad' MORE said Friday that Democrats should give former President TrumpDonald TrumpMyPillow CEO to pull ads from Fox News Haaland, Native American leaders press for Indigenous land protections Simone Biles, Vince Lombardi and the courage to walk away MORE “a little credit” for the COVID-19 vaccine. During Friday’s episode of “The View,” McCain said giving Trump credit for the vaccine would help show that getting vaccinated is a bipartisan issue. “If the White House truly wanted to show that this a bipartisan issue—that this is about getting everyone vaccinated, not just Democrats—they should give a little credit to President Trump,” McCain said. McCain said that “Fast and Furious,” referring to Operation Warp Speed, really did work in accelerating the availability of coronavirus vaccines. She further took aim at White House press secretary Jen PsakiJen PsakiOn The Money: Biden asks Congress to extend...
    Dividend recapitalization rises from the ashes: Europe hoards € 7.5 billion through June The recommendation of the European banking regulatory authorities, led by the ECB and supported by the BIS (Bank for International Settlements), not to disburse dividends in 2020 to financial institutions has not only gone down in the annals of recent history. Rather, this transit to facilitate the take-off of the post-Covid business, prop up liquidity ratios and consolidate the flow of credit to reestablish value chains and corporate restructuring left by the Great Pandemic seems to have led to a a phase of splendor in which the payment of remuneration to shareholders resurfaces. Especially in Europe. Because the volume of dividend recapitalizations from January to June 11 in the Union capital markets has reached 18,150 million euros. Essentially, through high-yield bond agreements and leveraged financial products, according to data from the LCD consultancy, collected by S&P Global Market Intelligence. Dividend graph Dividend graph This strong market momentum in less than six months has already mobilized more capitalization that can be converted into...
    CHICAGO (CBS) — It will be staying hot and sunny for the next several days to come. On Sunday night, it will be partly cloudy with a low of 68. (Credit: CBS 2) On Monday, it will be mostly sunny with a high of 94. (Credit: CBS 2) It will be staying in the 90s until Wednesday. Rain chances don’t return until Thursday, and then it’s only an isolated chance. (Credit: CBS 2)
    DOUGLAS COUNTY, Colo. (CBS4) – The U.S. Forest Service announced the closure of a popular recreation area in Douglas County until late this year. The Devils Head trailhead, picnic area, fire lookout tower is closed for construction to begin this week. Devils Head fire lookout tower (credit: CBS) “We are working to upgrade the utilities which is paramount to the continued operation of this very popular recreation area,” said District Ranger Brian Banks. “We look forward to seeing everyone next season.” (credit: CBS) The closure area includes the end of National Forest Service Road 300.0 and 300.PA and the Zinn Trail (NFST 615) and Devils Head Trail (NFST 611). The order is expected to remain in effect until Dec. 1, 2021. For more information and updates, visit fs.usda.gov/psicc.
    DENVER (CBS4) – Six shootings in the past weekend have many in downtown Denver wondering when they will see a break in violence. “When we were a block north, I wouldn’t walk past this building specifically because it was kind of abandoned,” Rhiannon Arriaga-Mackenzie said. Arriaga-Mackenzie came to work at Blake Street Tavern 14 years ago. She said it looks like the area could use some help. (credit: CBS) “I have seen a ton of crime increase in the last few years in downtown,” she noted. Arriaga-Mackenzie thinks it is time city leaders stepped in to help. “They can’t sit on their hands anymore and do nothing,” she said. Andy Feinstein operates Tracks Nightclub in RiNo. He thinks more security, public or private, is important to keep the late-night scene safer. (credit: CBS) “If we would allow bars to stay open longer, then we would have the in-house security in every single bar, every single club, watching the patrons until 3 in the morning until 4 in the morning,” Feinstein explained. He prefers that bars set their own closing time,...
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