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More than half of states have been approved for the $300 unemployment benefit—but don’t forget about taxes

Source: cnbc.com - Aug 27, 2020

More than half the U.S. states have received federal approval to offer an extra $300 per week in “lost wages assistance” per an executive order that President Donald Trump signed on August 8.

If you are currently receiving unemployment benefits, the federal government could be sending you additional funds soon. And although local governments themselves are cash-strapped, some states will also be contributing an additional $100.

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Category: General Business