Residents of Rochester, New York, have just one day left to file claims for a $3 million class action settlement resulting from a data breach at PracticeMax, a healthcare consulting company. The settlement aims to compensate victims of cybercrime due to the breach, with payments starting at $500 for ordinary losses such as banking fees … Read more
Connecticut has emerged as a trailblazer in the realm of healthcare finance by becoming the first state to forgive medical debt for select residents. This initiative marks a significant stride in alleviating financial burdens for individuals grappling with medical expenses. Under this groundbreaking program, Connecticut residents who meet specific criteria will benefit from the alleviation … Read more
Wisconsin’s New Online Tax Filing System Free Tax Solutions for Residents New Online Tax Filing System Wisconsin has a new system called WisTax for filing taxes online replacing the old one. If you’ve recently filed taxes in Wisconsin are a full-year resident, and have a state ID you can use this new system. Make sure … Read more
Rep. Tim Bonner Facilitates Property Tax/Rent Rebate Access in 17th District with Free Clinics Rep. Tim Bonner Hosts Clinics for Seniors and Disabilities on Property Tax/Rent Rebates Rep. Tim Bonner (R-Mercer/Butler) is hosting free clinics to help seniors and people with disabilities in the 17th House District claim Property Tax/Rent Rebates according to The Herald. … Read more
Many States Exempt from Reporting State Payments on 2022 Tax Forms Residents in Select States Spared Reporting State Payments to IRS Issues Guidance in 2022 According to CNBC, the IRS issued guidance to people who got money from their states in 2022. The IRS said that in many states people don’t need to tell them … Read more
New Online Tool Simplifies Property Tax/Rent Rebate Application for Seniors and Individuals with Disabilities in Pennsylvania Pennsylvania Launches Online Tool for Property Tax/Rent Rebate Assistance According to My ChesCo, Pennsylvania’s Department of Revenue launched a user-friendly online tool by the Commonwealth Office of Digital Experience to aid seniors and individuals with disabilities in applying for … Read more
Inflation-adjusted Tax Brackets and Deductions Boost Refunds Proposed Child Tax Credit Changes Aim to Aid Low-Income Families According to First Coast News, millions of Americans have received their tax returns and many are seeing larger refunds this year. The Internal Revenue Service reports that refund amounts are 2% higher than in 2023 with an average … Read more
In a recent study conducted by the Tax Foundation, Hawaii emerged as the state with the lowest property taxes in the United States. The research, which analyzed data from 2019, sheds light on the varying property tax rates across different states, impacting homeowners’ financial obligations. Hawaii boasts an impressively low effective property tax rate of … Read more
Implications of a Potential Shutdown on IRS Operations Congressional Action and Uncertainty Surrounding Federal Funding According to CNet, the possibility of a government shutdown looms due to deadlines for a proposed federal spending deal on March 1 and March 8 which could affect agencies like the IRS. If a shutdown occurs during tax season, it … Read more
Seize Current High-Interest Rates Secure Growth with Fixed Rates and Insurance According to CBC News, investing your tax refund in a Certificate of Deposit (CD) can be a wise decision to grow your savings. Due to the recent interest rate hikes by the Federal Reserve, banks are offering higher rates for deposit accounts like CDs. … Read more