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In California, the Employment Development Department ( EDD) is a department of the state government that administers Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL) programs. The department also provides employment service programs and collects the state's labor market information and employment data.
The state’s unemployment agency potentially overpaid an estimated $55 billion in recent years to people who may not have been eligible for jobless benefits, a California state audit has found.
Sparked by state surpluses and growing state revenues, many U.S. states have passed tax relief programs to provide financial aid to residents since federal pandemic checks were discontinued in 2021.
If you collected any unemployment benefits in 2021 that were meant for 2020, meaning any late accrued payments, you will need to include this on your 2021 tax return during the 2022 filing season.
The bill's economic-relief provisions were overwhelmingly geared toward low-income and middle-class Americans, who received the direct payments, the bill's expansion of low-income tax credits, child-care subsidies, expanded health-insurance access, extension of expanded unemployment benefits, food stamps, and rental assistance programs.
According to The Sacramento Bee, by the summer of 2021, California owed $23 billion to the federal government for unemployment benefits paid out during the pandemic, which was 43 percent of all unemployment debt, owed by 13 states at the time, to the federal government.
First, Californians who received Golden State Stimulus (GSS) I or II are expected to receive MCTR direct deposit payments between Oct. 7, 2022, and Oct. 25, 2022, with the remaining direct ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...