Search

Officials: Virginia man took Vegas trip with $350K PPP loan 12/10/2020 10:17am • NORFOLK, Va (AP) — A Virginia man who authorities say used a fraudulently obtained $350,000 Paycheck Protection Program loan for personal expenses has pleaded guilty to bank fraud. The U.S. Attorney’s Office for the Eastern District of Virginia said in a statement Scott Suber entered the plea Your guide to 2020 tax deductions 12/08/2020 11:00am • Claiming tax deductions is a powerful strategy for tax filers. Using appropriate deductions can lower your bill, increase your tax refund or make sure you're taking advantage of tax benefits offered by your federal and state governments. Want to know how to best use tax deductions? Here's your gu Maryland Del. Warren Miller of Howard County stepping down after 17 years 12/01/2020 06:49am • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. State Del. Warren E. Miller, a Republican who has represented a rural and suburban district in Howard and Carroll counties for 17 years, ann What is a bad credit score? 11/30/2020 07:50am • It can be depressing when you're on the bottom rung of the credit ladder, but it doesn't have to stay that way. You can increase your bad credit score if you use the right techniques and you're persistent. And I promise it won't take the rest of your life to build a solid credit score, either. So Fannie, Freddie conforming loan limits jump to $822,375 in DC area 11/25/2020 08:26am • The FHFA's $822,375 conforming loan limit in the Washington area applies to every county and county equivalent in both Northern Virginia and suburban Maryland. (WTOP/Colleen Kelleher) The Federal Housing Finance Agency has set conforming loan limits for mortgages that can be bought by Fannie Mae Open enrollment tips for choosing a health plan to cover maternity 11/23/2020 07:01pm • Epidurals and ultrasounds can be sources of unexpected financial headaches for growing families, according to a local expert on health insurance plans that cover maternity. "You want to make sure that you have full maternity coverage for one thing," said Dr. Heather L. Johnson, a senior partner a DC home prices up 17%; Columbia Heights pops 11/20/2020 08:47am • At the end of last month, there were 2,026 active listings in D.C., 1,659 of which were new listings. (WTOP/Jeff Clabaugh) The median price of a home that sold in the District in October was $675,000, up 17% from a year ago. And rising prices have not slowed sales, with the total number of sales Can you retire on $1 million? Here's how far it will go 11/17/2020 07:50am • Becoming a millionaire seems like a surefire way to live comfortably. However, if you are no longer working, just how long will a million dollars last in retirement? The financial technology company SmartAsset looked at average household expenses and found that, nationwide, a $1 million nest egg 5 ways the pandemic is affecting retirement planning 11/16/2020 08:00am • The coronavirus pandemic has been a huge financial strain on Americans, as they suffer through furloughs, layoffs and pay cuts. Some people have stopped or reduced the amount they are putting in retirement accounts, and others have tapped into a 401(k) or IRA to help cover bills. "This year has b Virginia man sentenced for defrauding COVID-19 relief 11/13/2020 03:22pm • ALEXANDRIA, Va. (AP) — Federal prosecutors said a Virginia man has been sentenced to a year in prison and two years of supervised release for defrauding the COVID-19 relief program. The U.S. Department of Justice said in a news release Friday that 43-year-old Tarik Jaafar, of Ashburn, conspired What does Biden administration mean for the DC business community? 11/12/2020 02:05pm • A new presidential administration can bring changes not just on Capitol Hill but to the wider D.C. region. Those changes can impact the D.C. area not just politically but also financially. That could mean big things for the region's construction, transportation and telecom firms, according to som Disabled veterans get help with finances thanks to nonprofit's grants 11/10/2020 08:19pm • Disabled American veterans who've lost jobs because of the pandemic can fill out an application with an advocacy group that has grants available to help them pay their bills. "We have already provided almost $2 million dollars in grants to over 7,000 disabled veterans who lost employment," said E Downtown DC is showing signs of life, but not much more 11/09/2020 08:52am • Seven months into the coronavirus pandemic, downtown D.C. is showing more signs of economic activity after coming to a screeching halt after the first outbreak — just not much more. The pulse of downtown Washington's economic activity is office workers, entertainment and cultural attractions, b Novavax to expand in Montgomery County, add hundreds of jobs 11/02/2020 09:32am • Novavax is in clinical stage of a COVID-19 vaccine. Seen here, Kate Binghamof the UK goverrnment's vaccine task force started her Novavax trial at the Royal Free Hospital in north London. (Photo by Kirsty O'Connor/PA Images via Getty Images) Gaithersburg, Maryland-based Novavax, one of several c Report: Better access to transportation important for equity 10/28/2020 01:34pm • Inequitable access to transportation for Black communities has been an issue dating back before before the civil rights movement, and there's renewed effort to better address those challenges now. A recent report from the Congressional Black Caucus Foundation explores the issue of transportation