Denitsa Tsekova, Yahoo

Denitsa Tsekova


New York, NY, United States

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Recent articles by Denitsa:

The Child Tax Credit payments are missing some of the most vulnerable families

More than 3 in 10 eligible low-income families haven’t received their August payment a month after they were supposed to. → Read More

IRS sends $15 billion in fourth round of Child Tax Credit payments

The Internal Revenue Service sent the fourth set of monthly Child Tax Credit payments worth $15 billion to 36 million families. → Read More

More Americans are single and faring worse financially than those with partners

Not only has the number of single adults in the U.S. ballooned since 1990, so has the gulf in economic fortunes between individuals who live with a spouse or partner and those living alone. → Read More

Workers quit their jobs at a record-high rate at the end of the summer

Nearly 4.3 million workers voluntarily left their jobs in August, according to the Labor Department, equating to a quits rate of 2.9%. → Read More

Democrats’ tax plan makes ‘baby steps’ toward racial wealth equity

By lifting up families at the bottom through tax credits and taxing affluent households more, Democrats can help narrow the racial wealth gap. → Read More

Workers give up pay to stay remote — but don't always take a financial hit

Pay cuts for remote employees aren't packing as much of a sting financially as first feared for some workers. → Read More

Stronger estate tax would hit more inheritances under Democrat's plan

Democratic lawmakers want to tax estates worth $5.85 million or more — reverting back to the same exemption amount as in 2017. → Read More

Looming tax hikes are giving rich Americans 'heartburn' as they try to mitigate the hit

Wealthy Americans are scrambling to find the best way to minimize the hit from tax hikes in the Democrats’ infrastructure plan moving through Congress. → Read More

Child care in the US is a 'broken market,' Treasury report finds

The average American family with at least one child under age 5 uses 13% of their income to pay for child care, or nearly double what's considered affordable. → Read More

No state extends unemployment benefits despite calls from Biden

No state has extended the pandemic unemployment programs that expired earlier this month despite the call from the Biden administration to use leftover stimulus funds to do so. → Read More

IRS sends $15 billion in third round of Child Tax Credit payments

The Internal Revenue Service sent the third set of monthly Child Tax Credit payments to 35 million families — worth $15 billion — this week. → Read More

AOC plans to introduce bill extending pandemic unemployment benefits

Rep. Alexandria Ocasio-Cortez (D-NY) will introduce legislation extending all federal pandemic unemployment programs through February 2022. → Read More

Poorer Americans get big tax cuts under Democratic plan while the rich get hikes

Taxpayers making above $1 million would see an 11% tax increase to their federal taxes under the House Ways and Means Committee plan. → Read More

Government stimulus kept millions of Americans out of poverty last year

The Supplemental Poverty Measure (SPM), which takes into account all government aid, fell to 9.1% in 2020 — a record low — from 11.8% in 2019, according to the Census Bureau. → Read More

Democrats seek new tax on America's richest while scaling down other hikes

The proposal from the House Ways and Means Committee includes a 3% surtax on individuals with an adjusted gross income of more than $5 million. → Read More

Biden's plan to go after the taxes of America's richest could fall short of expectations

Democrats want to claw back taxes that America’s richest often avoid to fund their infrastructure package, but some provisions may not raise as much as initially expected. → Read More

'Largest cutoff' of jobless benefits looms next week for millions of Americans

At least 7.5 million jobless workers will be left with no benefits when the federal pandemic unemployment programs end September 6. → Read More

Florida workers lose reinstatement of jobless benefits as federal expiration looms

A Florida judge denied a motion to temporarily reinstate the extra $300 in weekly unemployment benefits that were terminated prematurely this summer. → Read More

Higher taxes may be on the way for wealthy Americans after House vote

Last week, the House passed a budget plan that may ultimately include proposals for taxing high-income earners and expanding tax credits for middle- and low-income Americans. → Read More

Tech exec: Workers are 'taking advantage of the new flexibility'

The pandemic opened up possibilities that employees before didn't consider, according to one tech exec, and that's helping them to rethink their work choices. → Read More