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Business

Black Millennials Rank Student Loan Debt, Cybersecurity, and Criminal Justice Reform as Top 2020 Voting Issues in New Survey

     “The data from this survey shows that much of the mainstream commentary around the economy or other policy issues hide the everyday realities and perspectives of many Black millennials,” said Antonio White, founder and principal at Beyond Ideas Group. “It’s hard for many Black millennials to prioritize fear of a possible recession when crippling student loan debt or family financial obligations loom above their heads. Every day might feel like a recession.” […]

Business

Black businesse$, Black consumer$: A necessary alliance

There are approximately 2.6 million Black-owned businesses in the United States. The number of Black or African American-owned firms grew 34.5 percent between 2007 and 2012— from 1.9 million to 2.6 million in 2012, according to the most recent statistics from the Census Bureau. Black women have been leading this charge of Black entrepreneurship. The number of Black female-owned firms climbed 66.9 percent, from 900,000 in 2007 to 1.5 million in 2012, noted the Census Bureau. […]

Business

Earned Income Tax Credit Reduces Taxes for Low- and Moderate-Income Wage Earners

The EITC was implemented as a way to offset the impact of Social Security taxes on low to moderate taxpayers and to provide them with an incentive to work. The credit can be worth up to $6,431 for 2018 and up to $6,577 in 2019 for families with three or more qualifying children. For taxpayers with two qualifying children, the maximum credit this year is $5,828. The maximum credit for one qualifying child is $3,526. […]

Business

FSS A Community of Relations

     The Family Self Sufficiency (FSS) Program is a program that helps HUD assisted Families to increase their earned income and build financial capability and assets, reducing the dependency on welfare assistance and rental subsidies. […]