Topic: U.S. Treasury
Clarksville, TN – The economic data reports were mixed. Homebuilder sentiment declined in May, but residential homebuilding was stronger than expected in April.
Some of that reflects a rebound from bad weather, but it’s also a consequence of the high level of volatility in the multifamily sector (single-family permits were higher, but not exactly booming). Consumer price inflation remained negative on a year-over-year basis (-0.2%), but core inflation rose slightly more than anticipated.
Clarksville, TN – The mid-month economic data disappointed. Retail sales were weaker than anticipated in April. Industrial production fell short of expectations. Consumer sentiment slid in the mid-May assessment.
However, weekly claims for unemployment benefits remained remarkably low. The reports on import prices and producer prices continued to show disinflationary pressures.
Real GDP for the euro area rose 0.4% q/q (a 1.7% annual rate) in the flash estimate for the first quarter. Bond yields in Europe moved higher, but seemed to meet some resistance.
Written by Sgt. Daniel Wyatt
Monrovia, Liberia – U.S. Army 1st. Sgt. Kristopher Fowler conducted his final equipment checks before his departure to Liberia on October 10th. Fowler’s mission was to provide financial management support to Operation United Assistance, the humanitarian effort against the spread of the Ebola virus.
As one of two financial management support units in the entire U.S. Army to have a U.S. Treasury account, the 106th Financial Management Support Unit of the 16th Sustainment Brigade, is the only tactical finance support unit with expeditionary capabilities in the European and African theaters of operation.
Nashville, TN – Refunds totaling more than $12.8 million may be waiting for about 16,300 Tennesseans who did not file a federal income tax return for 2010, the Internal Revenue Service announced today. However, to collect the money, a return for 2010 must be filed with the IRS no later than April 15th, 2014.
Nationwide, almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a tax return for 2010.
For 2010 returns, the window closes on April 15th, 2014. The law requires that the return be properly addressed, mailed and postmarked by that date. «Read the rest of this article»
Filing and Payment Deadlines Unchanged
Washington, D.C. – The Internal Revenue Service has announced additional details about the closures planned for May 24th, June 14th, July 5th, July 22nd and August 30th, 2013.
Due to the current budget situation, including the sequester, all IRS operations will be closed on those days.
This means that all IRS offices, including all toll-free hotlines, the Taxpayer Advocate Service and the agency’s nearly 400 taxpayer assistance centers nationwide, will be closed on those days. «Read the rest of this article»
Nashville, TN – Refunds totaling over $14 million may be waiting for an estimated 16,400 Tennessee taxpayers who did not file a federal income tax return for 2009, the Internal Revenue Service announced today. However, to collect the money, a return for 2009 must be filed with the IRS no later than Monday, April 15th, 2013.
The IRS estimates that half the potential refunds for 2009 are more than $550.00.
Clarksville, TN – If you like political drama, you’re in luck. It seems like just yesterday the news was filled with references to the fiscal cliff. Now, coming to theaters everywhere, is “sequestration.” Look for more political confrontation to unfold as sequestration gets under way.
What exactly is sequestration?
“Sequestration” refers to a series of automatic, across-the-board spending cuts to federal government agencies that are scheduled to take place in fiscal years 2013 through 2021. «Read the rest of this article»
Eligibility Broadened, Funding Increased
Nashville, TN – A program that has helped thousands already is broadening its limits to make an even greater impact.
Tennessee Housing Development Agency (THDA) administers the federal foreclosure prevention program in Tennessee under the name Keep My Tennessee Home. Answering simple questions at www.KeepMyTNHome.org establishes eligibility. The program is designed for homeowners who have lost 30% or more of their income.
Over 2,400 Tennessee households have received financial assistance since the program began in January 2011. «Read the rest of this article»
Nashville, TN – Refunds totaling $16,130,000 may be waiting for about 18,400 Tennesseans who did not file a federal income tax return for 2008, the Internal Revenue Service announced today.
Nationwide, the IRS has over $1 billion for about 1 million people who haven’t filed for 2008 yet.
To collect the money, a return for 2008 must be filed with the IRS no later than Tuesday, April 17th, 2012. There is no penalty for filing a late return qualifying for a refund. «Read the rest of this article»
Income Reduction Eligibility Key
Nashville, TN – Tennessee Housing Development Agency is able to make mortgage payments for eligible homeowners through the U.S. Treasury’s Hardest Hit Fund. Eligibility questions are available on the application portal: www.KeepMyTNHome.org.
The program is designed to help unemployed and substantially underemployed homeowners meet their mortgage obligations. Tennessee was allocated $217,315,593 million dollars for the program which is administered by states’ housing finance agencies. «Read the rest of this article»
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