U.S. Finance Updates: The Latest on $250 Tax Refund Checks, Supplemental Security Income and More

Eeven though the federal government in the United States no longer gives stimulus checks To all low and middle income households, various benefit programs are still being introduced across the country to help you put more money in your pocket.

In our live blog this Monday april 4th, we will give details of several of these schemes. So stay tuned for the latest information on how to save money!

Elon Musk is now Twitter’s largest shareholder

After buying 92% of Twitter shares, the richest man in the world drove up the company’s value.

On Friday his stake was worth $2.9 billion, Monday morning it was worth $3.5 billion. It’s likely that Elon’s investment motivated others to do the same.

You may be able to claim a child care and dependent care credit

If the cost of childcare or dependent care takes up a significant portion of your employment income, you should check to see if you might be eligible for credit for children and dependents.

This is a tax credit for those who, for the purpose of looking for work, pay someone to look after a child under 13 or a dependant. If you don’t already claim it, it’s something to look into.

You can learn more about the Child and Dependent Care Credit and how it works here.

How to Claim $250 Tax Refund Checks in Georgia

Governor Brian Kemp of Georgia signed a new bill that will give all taxpayers in the state a tax refund check, provided they have paid taxes in the past two years.

For single filers, the check is worth $250, while for those who are heads of household it will be $375 and for those who are married and filing jointly, the check will be for $500.

You can learn more about tax refund checks in Georgia here.

How to Apply for Workers’ Compensation Benefits

Many people across the United States have suffered an accident at work, which entitles them to workers’ compensation benefits.

This is a plan that most American companies should have in place that can help cover wages and medical expenses in the event of a workplace accident.

You can learn more here about how to claim workers’ compensation benefits.

$500 stimulus checks for essential workers

Many state governments are running programs through which they continue to distribute stimulus checks, but only to those who are essential workers.

This is a type of thank you program and there is one currently running Massachusettswhere the amount can reach $500.

You can learn more here about the $500 stimulus checks for essential workers and how to claim one.

Claim both SSDI and SSI

Two of the major employee benefit programs in the United States are called Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). They are different programs, but it is possible to claim money through both.

Not all Americans are aware of this fact, so this trick is a way for people to potentially claim a little more money than before.

You can learn more here about applying for Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).

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