Stretching Your Dollar: How A Government Shutdown Could Impact Your Finances
A looming government shutdown could have an impact on the finances of everyday workers. Federal worker, in particular, could face furloughs and stoppage of pay, while the everyday American is likely to be less impacted. Andy Smith, executive director of financial planning at Edelman Financial Engines, joined 'Stretching Your Dollar' to tell viewers what they should expect in the coming weeks if the government is unable to avert the shutdown.
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
