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Congress wants to waive taxes on unemployment. Some states may not

Finance
Daniel Acker/Bloomberg via Getty ImagesCongress may soon offer a tax break to unemployed Americans. States may not be so generous.The Senate passed a $ 1.9 trillion Covid relief bill on Saturday that waives tax on up to $ 10,200 of unemployment benefits per person received in 2020.President Joe Biden is expected to sign the legislation this week after it's passed by the Democrat-led House of Representatives.But the tax policy, which applies to households that made less than $ 150,000, is only a break on workers' federal income taxes.More from Personal Finance:American Rescue Plan creates a tax headache for the joblessHere's how a $ 300 and $ 400 unemployment boost compareSmallest businesses can still apply for a PPP loanMore than half of states levy an income tax on unemployment benef...
Neil Woodford fund should waive fees, MP says

Neil Woodford fund should waive fees, MP says

Business
Investors in the Woodford Equity Income Fund should not be charged fees while trading in the fund is suspended, the chair of the Treasury Committee says.Nicky Morgan also said the committee would raise the issue with regulators.High-profile stockpicker Neil Woodford stopped money going in or out of his fund on Monday after increasing numbers of investors wanted their money back.Bank of England governor Mark Carney has also warned about investments in assets that are difficult to redeem.'We trusted Neil Woodford with our money' Treasury Committee chair Nicky Morgan said that investors in the Woodford Fund had been "locked out of accessing their cash" but that it had been ...
New York Giants waive RB Paul Perkins

New York Giants waive RB Paul Perkins

Sports
The New York Giants waived running back Paul Perkins, the team announced Thursday. The move was expected after Perkins underwent surgery for a non-football injury and New York's subsequent decision to draft Penn State running back Saquon Barkley with the No. 2 overall pick in last month's NFL Draft. Perkins suffered a pectoral injury prior to the start of the team's offseason program. The Giants did not offer a timeline for a return to football activities following the surgery. A fifth-round draft pick out of UCLA in 2016, Perkins had 112 carries for 456 yards and 15 catches for 162 yards during his rookie season in the same year. Expected to compete for a starting job in 2017, Perkins mustered just 90 rushing yards and eight receptions in 11 games in 2017. He was inactive in four ga...
De'Veon Smith: Miami Dolphins promote RB, waive Rey Maualuga

De'Veon Smith: Miami Dolphins promote RB, waive Rey Maualuga

Sports
Nov. 18 (UPI) -- The Miami Dolphins have promoted practice squad running back De'Veon Smith.Miami also waived linebacker Rey Maualuga. The Dolphins announced the moves Saturday.Smith, 23, signed with the Dolphins on May 5 as an undrafted college free agent. The 5 foot 11, 221 pound running back had 35 yards on 12 carries this preseason for the Dolphins. The University of Michigan product had 2,235 yards and 22 touchdowns on 495 carries during his four-year tenure with the Wolverines.Maualuga, 30, entered the NFL as a second round pick by the Cincinnati Bengals in the 2009 NFL Draft. The 6 foot 1, 254 pound defender joined the Dolphins on Aug. 19. Maualuga had 23 tackles in six games this season. He started four games for the Dolphins.After Jay Ajayi's trade to the Philadelphia Eagles on Oc...
Carolina Panthers sign WR T.J. Graham, waive Charles Johnson

Carolina Panthers sign WR T.J. Graham, waive Charles Johnson

Sports
July 25 (UPI) -- The Carolina Panthers have made some changes on their depth chart at wide receiver after signing T.J. Graham and waiving Charles Johnson.Carolina signed Graham on Monday. The 27-year-old was a third round pick by the Buffalo Bills in the 2012 NFL Draft. Graham played two seasons in Buffalo before signing with the New York Jets in 2014. He suited up for the New Orleans Saints in 2015.Graham has 794 yards and four touchdowns on 61 career receptions. He played collegiately at North Carolina State. He played last season for the Montreal Alouettes of the Canadian Football League. Graham's best shot at making the final roster is likely through special teams.Carolina waived defensive end Ryan Delaire Tuesday with a failed physical designation. Johnson was waived/injured after hav...