Layoffs have sent waves of concern among workers, making many people wonder what they'd do if they lost their job. According to a recent Federal Reserve report, 24 percent of adults indicated they would have trouble paying monthly bills if they were laid off. So we thought we'd bring in a Wall Street veteran and financial expert for some tips on how to navigate losing your job. Vivian Tu, CEO and founder of Your Rich BFF, joined Cheddar News to break it down.  

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Watchdog Slams IRS Identity Theft Case Delays as “Unconscionable”
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.
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