Posted on May 7, 2018
Lenders sometimes discriminate against people with disabilities because social security disability cannot be garnished, meaning if the individual has a deficient loan balance, the lender cannot recoup it or go after them. Therefore, bad credit or special finance lenders require a garnishable income, or an income they can recoup if necessary. People with disabilities have […]
Posted on May 1, 2018
In a recent survey conducted by True Link Financial in partnership with Quality Trust and Autistic Self Advocacy Network, more than 75% of the respondents think that their disability makes it hard to manage their finances. The areas of most difficulty are budgeting and spending, specifically tracking how much money was already spent and how […]
Posted on April 30, 2018
As a small business owner with a disability, you have the same level of rights and resources as individuals without disabilities. Depending on the layout of your ideal office or business space, you may need to invest additional financing into structures such as ramps that may not currently be in place. There are government grants […]
Posted on April 15, 2018
Individuals and families who hire in-home care workers are considered employers. Employers have certain responsibilities, both to their employees and to the IRS. As more seniors and people with disabilities opt to live at home instead of in a group setting, more individuals and families are hiring people to provide services in private homes. Because […]
Posted on April 8, 2018
Form I-9 is a document required for all employees hired by companies, families, or individuals. It is designed to verify the identity of your employee and to ensure they are either a citizen of the United States, a noncitizen national of the US, a lawful permanent resident, or an alien authorized for work. The form […]
Posted on April 4, 2018
If you have hired a direct care worker as an agency or an individual employer, federal law requires you to pay them at least the federal minimum wage, as well as overtime. Some common direct workers include caregivers, personal care aides, companions, certified nursing assistants, and home health aides. Unlike in the past, employers cannot […]
Posted on March 20, 2018
When it comes to your personal finances, you often work with a fiscal agent. In this case, an agent is not a single individual, but an actual organization. At Acumen Fiscal Agent, we perform very specific tasks for clients such as yourself, so understanding what we do is important. What is a Fiscal Agent? Fiscal […]
Posted on March 9, 2018
A fiscal employer agent is someone whose job is to ensure that your money is spent to care for you. If you have a fiscal employer assigned to you, it means they will manage the money you receive in order to pay for your personal expenses. What Do Fiscal Agents Do? The Illinois Department of […]
Posted on February 13, 2018
People with disabilities have to balance their finances between daily expenses and medical needs. That’s already difficult as it is, but it gets more challenging whenever life decides to throw a curve ball. Everyone has an experience like this from time to time: you get all your bills paid, you have money in the bank, […]
Posted on February 1, 2018
For people with disabilities, it is important to understand the difference between using credit or debit for purchases. The main difference between the two are: A debit card is linked to your bank account. The amount of money in your bank account is the same amount on your debit card. When you use your debit […]