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Unemployed and Already Did Your Taxes? The IRS Says You Don't Need to File an Amended Tax Return

On Friday, the IRS issued guidance that says it "strongly urges taxpayers to not file amended returns related to the new legislative provisions or take other unnecessary steps at this time." About 40 million Americans received unemployment insurance benefits last year, according to a recent report from the left-leaning Century Foundation. That amounts to over $580 billion in benefits that are considered taxable income, including the enhanced $600 and $300 weekly payments.  Yet researchers esti...
United States Gina Derosa David Flamer Joe Biden Revenue Service Tax Foundation

Inside the Balinese School That Produces Teen Activists, UN Speakers and Rock Stars

Reinventing mainstream education Green School International (GSI) is a network of eco-friendly, private international schools attempting to reinvent traditional schooling for 21st-century students. Launched in 2008 in Ubud, Bali, Green School today spans Indonesia, New Zealand and South Africa with its "holistic" approach to education. "When we started the school, we had no idea what we were doing. But we were pretty adamant we wanted to do something different," said co-founders John and Cynthi...
New Zealand United States New Delhi South Africa Jawa Timur Quintana Roo

Why Having Kids Doesn't Necessarily Make You Happier, According to Research

Having kids is a roller coaster ride Research shows that there is a "happiness bump" that parents experience right after a baby is born. But that tends to dissipate over the course of a year, Glass says. After that point in time, the levels of happiness of parents and non-parents gradually diverge, with non-parents generally growing happier over time. Its not that parents are lukewarm about bringing a baby into their lives, but child-rearing is tough. "You find that [parents] happiness plummets...
United States Amy Blackstone University Of Texas At Austin Stony Brook University Princeton University Consumer Expenditures

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Four Key Pieces of Advice for Small Business Owners of Color From a Coach With Clients Like Google

investing 2 hours ago When she started at the private school in seventh grade, Darrisaw didnt know how to type or use a computer, while the other students could already create websites, she says. "Those early experiences, seeing how the zip code we lived in could determine what you had access and opportunities to do, made such an impact on me," Darrisaw says. "I knew that in some way my life was going to be dedicated to closing gaps." And thats exactly what Darrisaw is doing. Aft...
New York United States Angelina Darrisaw Upper East Side C Suite Coach Corona Virus

Some Americans Have Already Received the Third Stimulus Payment

The average payment for members is around $2,000, they said, though at least one member received over $9,000. Jacob Schwartz, 22, banks with Current and received his payment Friday. He says he will use it to pay for rent, food and other bills. "Money is super tight right now," says Schwartz, who lives in Pennsylvania. "Im in charge of paying most of the bills and half of rent, while my roommate is using her [stimulus payment] so we can get a car so we can look for more jobs." The Biden White Ho...
United States Jacob Schwartz Joe Biden Some Americans President Joe Biden American Rescue Plan

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