Personal Finance
The IRS is assigning more workers to deal with a huge backlog of tax returns
Smaller budgets, fewer employees and increased duties have led to taxpayer frustration this filing season. The IRS is establishing a "surge team" to help with the backlog.
3 years ago
Accounting firm: Trump financial statements aren’t reliable
The financial documents, used to secure lucrative loans and burnish Trump's image as a wealthy businessman, “should no longer be relied upon," the accounting firm said.
3 years ago
Philly to pilot a guaranteed income experiment, giving cash to some needy residents
As early as March, Philadelphia will start giving up to 60 people $500 a month, for at least 12 months.
3 years ago
Taxpayers face overloaded IRS as filing season opens Monday
“The IRS right now has unacceptable backlogs and the customer service that people are receiving is not what the American public deserves.”
3 years ago
Debt collectors can now text, email, and DM you on social media
Officials say the new rules are a necessary update to an outdated law, but consumer advocates worry that borrowers risk missing key information or falling prey to scammers.
3 years ago
PECO rates are rising as the temperature dips. A cold winter is expected
Philadelphia area residents will see jumps in their heating and electric bills. The Public Utility Commission warns against "sticker shock."
3 years ago
Black Friday at Fashion District Philadelphia: Good sales and modest crowds, shoppers say
These holidays could be different even from 2020, but supply chain worries and staff shortages didn’t seem to be a factor as shopping season began.
3 years ago
PECO proposes electric rate hike that would increase residential bills by nearly 10%
PECO's proposal before the PUC would increase the monthly bill for a residential customer by about 9.65% — an increase of $9.68 for a typical residential account.
3 years ago
The study found that housing prices in the Philadelphia metro are about 10% higher than what the long-term cost trends suggest they should be.
4 years ago
‘No one can live off $240 a week’: Many Americans struggle to pay rent, bills
One in six households reported missing or delaying paying bills just so they could buy food in a new NPR poll.
4 years ago
The show can go on, but when will it? Delaware theaters hesitant to reopen
Despite permission to hold performances under Phase 1 of the state’s reopening plan, Delaware theater groups and performers are hesitant to resume shows.
4 years ago
54,000 still getting pay held over student debt, filing says
The Dept. of Education was still garnishing wages more than a month after Congress ordered an immediate suspension of the practice during the coronavirus pandemic.
4 years ago
How COVID-19 payment accommodations may affect your credit
Many businesses are offering relief on bills to those affected by the COVID-19 pandemic and its economic fallout.
4 years ago
How much money will Philly residents get from the federal coronavirus aid package?
The stimulus program also includes increased unemployment benefits — even for gig workers.
5 years ago
U.S. charges 4 Chinese military members in Equifax breach
The four — members of the People's Liberation Army, an arm of the Chinese military — are also accused of stealing the company's trade secrets, law enforcement officials said.
5 years ago