Unemployment income is temporarily paid by the state to the unemployed who have lost their jobs due to dismissal or for other reasons through no fault of their own.
The purpose of unemployment income is to provide a safety net for those individuals who become unemployed while looking for a new job.
Generally, unemployment is treated as ordinary income for tax purposes and must be reported to the IRS.
Under normal circumstances, most states pay unemployment benefits for a maximum of 26 weeks, but benefits can be extended or increased during times of economic crisis.
If you quit your job, you must have a good reason, otherwise you most likely will not qualify for unemployment benefits.
The Family and Sick Leave Act (FMLA) is a labor law of 1993 that protects the workplace of employees who need to take leave for personal or family reasons.
The Uniform Gifts to Minors Act (UGMA) provides a way to transfer financial assets to a minor without the time-consuming and costly establishment of a formal trust.
The Uniform Law on Prenuptial and Spousal Agreements is a law passed in several states to determine when and how prenuptial agreements must be enforced.
The Unsatisfied Judgment Fund is an amount of money set aside by some states to cover the unreimbursed costs of injuries sustained in motor vehicle accidents where the responsible driver is unable to pay the damages.