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Anti-terror police in the UK are continuing to question two suspects arrested over the weekend on suspicion of attempting to blow up a London Underground train during rush hour on Friday morning.An 18-year-old man and a 21-year-old were arrested separately by police on Saturday and searches are under way at two addresses on the outskirts of London, according to UK police.Both men had been fostered by the same elderly couple, and at least one was a refugee from Iraq, local officials told CNN Monday. 511
As a 58-year-old woman on disability, Robin Short of Wallingford, Connecticut, relies on her tax refund to catch up on bills. She filed her return electronically in February, opting for direct deposit so she could get her 3 refund quickly.She’s still waiting, as are millions of others. The IRS is slowly resuming operations after pandemic-related lockdowns, but delayed refunds are devastating some people’s finances.Tax refunds have become a lifelineTax refunds, which last year averaged ,979, are the largest single infusion of cash for about 30% of U.S. families, says Fiona Greig, consumer research director at the JPMorgan Chase Institute, which researches economic issues. While many Americans use refunds to save or to pay down debt, significant numbers rely on the money to cover bills or to get needed medical care — and that was true even before millions lost jobs and income during the COVID-19 pandemic.Delayed refunds can lead to evictions, hunger, creditor lawsuits and health problems from postponed medical care, among other ill effects. Many households live so close to the edge that they can experience hardship when a refund is delayed by two or three weeks, let alone several months, says John Thompson, chief program officer for the Financial Health Network, which researches financial challenges facing low- and moderate-income households.“Not everybody has got the kind of flexibility or resilience to just be able to hold on,” Thompson says.Pandemic shutters most IRS operationsThe IRS started shutting down tax return processing centers in March, along with its taxpayer help line, local offices and volunteer assistance programs. Soon after, it focused on sending out more than 159 million payments as authorized by the coronavirus relief package. By mid-May, the agency faced a backlog of 10 million pieces of unopened mail, including paper tax returns.People who filed electronically generally got their refunds unless those returns were flagged, commonly because of identity theft concerns or a mismatch between the information on the return and what was provided by employers or financial institutions.In Short’s case, the TurboTax software she used counted a ,800 annual pension payment twice, as both 1099 income and as W-2 income. The IRS sent her a letter about the error and advised her not to contact the agency for 60 days while the issue was resolved. Then, the lockdowns happened.Short says her pension and monthly Social Security disability checks don’t cover her expenses. She makes arrangements to pay overdue bills, such as her power bill, when her refund arrives. Otherwise, she says, the math of living on a low fixed income gets grim.“Either you miss a payment on the electric bill, or you don’t get your medicine,” says Short, a former facilities manager and insulin-dependent diabetic who was severely injured when her car was hit by a drunk driver.Using refunds to catch upPutting off bills, then using tax refunds to catch up, is a common practice among strapped households, Thompson says. A survey of people who used free filing methods for lower- and moderate-income taxpayers last year found roughly half said they needed their refunds for bills, rent, groceries and other everyday expenses, according to Prosperity Now, a nonprofit that promotes financial security.People also increase their health care spending significantly after refund checks arrive. A 2018 study of 1.2 million checking account holders found health care spending rose 60% in the week after people received refunds, indicating many were catching up on care, Greig says.It’s not clear how long it will take the IRS to address the backlog or when taxpayers can expect their money. People can try using the “Where’s My Refund?” tool on the IRS site or call the taxpayer help line, but getting through to a human is difficult even in normal times. Congress has cut the IRS’ budget by 20% since 2010, leading to a 22% reduction in staff, according to acting National Taxpayer Advocate Bridget Roberts. Without adequate staff, the agency answered less than one-third of its calls last year. Another option is to contact the Taxpayer Advocate Service, which has representatives in each state.Rather than wait for the IRS to return their money each year, taxpayers can adjust their withholding so they get more money in their paychecks. But many don’t feel comfortable changing their withholding in case they wind up owing big sums, Thompson says.“You’d have to predict how the year is going to go,” Thompson says. “And what could we possibly predict about this year?”This article was written by NerdWallet and was originally published by The Associated Press.Liz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. 4782
Another HISTORIC breakthrough today! Our two GREAT friends Israel and the Kingdom of Bahrain agree to a Peace Deal – the second Arab country to make peace with Israel in 30 days!— Donald J. Trump (@realDonaldTrump) September 11, 2020 241
An alert for any brides-to-be: the wedding dress retailer David's Bridal announced this week it's planning to enter bankruptcy.So will brides with current orders be left out in the cold?David's Bridal CEO Scott Key said in a statement that for now the company's 300 stores will continue to operate and honor all orders and appointments.Jane Billingsley — who helps put together weddings at The Chapel in Nashville — says she can see why the wedding dress retailer may be facing tough financial times as more people buy wedding dresses online, or buy non-traditional styles."This millennial generation is coming up with things and it's like OK, we personalize it," Billingsley said.Billingsley says of the brides she sees, four out of five use David's Bridal in picking out a dress. 839
ANDERSON, Ind. -- A mother and stepfather in Indiana are accused of locking their children in a basement without food, water or a place to go to the bathroom.Connie and her husband Javier Campos were arrested over the weekend and charged with four counts of neglect of a dependent. The investigation began back in November 2017 when a 13-year-old boy ran away from home and was found at a local hotel. At the time, the investigator contacted the Department of Child Services because he believed the children may be in need of services. According to court documents, the couple had four children living in their home ages 13, 11, 10 and 8.The children told investigators that their mother and step-father would lock three of them in the basement of their home any time the adults would leave the house or go to bed.The children described using a bucket and bottle if they needed to go to the bathroom or holding it until morning. “You go before, hold it or it sucks to be you,” the 13-year-old child told investigators.Each of the children had a bed in their upstairs bedrooms, according to court documents, but they were only there “in case CPS came then they would think we sleep there.” 1217