St. Louis Basic Income Program: $220K Payments Temporarily Halted by Judge Judge Suspends $220K St. Louis Basic Income Program Amid Legal Dispute A judge has placed a temporary halt on the distribution of $220,000 in guaranteed basic income payments by the City of St. Louis, according to the published article of JusttheNews. The suspension follows … Read more
Tax Relief: Don’t Panic! According to TheStreet, Are you worried about an IRS penalty? You’re not alone! The IRS has ways to help you avoid or reduce fines and fees. In this article, we’ll explain the different types of tax penalty relief. What is Tax Penalty Relief? The IRS has programs to help people and … Read more
Student Loan Relief Stopped by Court Student Loans: Government Plan Put on Hold Due to Legal Challenges According to EditionCNN, The government’s plan to help people pay off their student loans has been put on hold. This plan, called SAVE, was supposed to help 8 million people by making their monthly payments lower. But a … Read more
President Biden’s $7.3 trillion budget proposes a federal tax on unrealized capital gains, following Vermont and ten other states that have considered similar measures. This tax, which is unjust, likely unconstitutional, and economically harmful, should be firmly rejected. What Are Unrealized Capital Gains? Unrealized capital gains refer to the increase in value of an asset, … Read more
A multimillion-dollar settlement involving TaxAct, a widely used online tax preparation service, is currently in progress due to alleged data privacy violations. The settlement impacts customers who utilized TaxAct’s services for filing their federal taxes between January 1, 2018, and December 31, 2022. Background of the TaxAct Lawsuit The lawsuit against TaxAct alleges that the … Read more
A Facebook post from June 9 claims that children will receive hundreds of dollars monthly from a federal agency in the form of Child Tax Credit starting this month. This post quickly gained traction, with dozens of shares in just over a week, and similar claims have spread across Facebook and Threads. “In 2024, the … Read more
President’s Plan to Cancel $168.5 Billion in Student Debt Hangs in Balance as Democratic Leaders Advise Him Not to Run for Reelection Future of Student Loan Forgiveness in Jeopardy as Biden’s Reelection Uncertain Some Democratic leaders advise President Joe Biden not to run for reelection against Donald Trump, which could impact his student loan forgiveness … Read more
A court order has halted the Biden administration’s new student loan repayment plan blocking relief for 8 million borrowers in the SAVE program. Student Loan Repayment Freeze for 8 Million Borrowers Halted Due to Court Order The Education Department will halt student loan payments and interest for around 8 million borrowers after a court order … Read more
It may surprise you to learn that almost 13% of the civilian population in America is disabled. That’s an incredible 42.5 million people. Many people rely on Social Security Disability Insurance (SSDI) monthly payments to cover necessities such as housing, food, clothes, and medical care. The good thing is that the Social Security Administration (SSA) … Read more
Flint Child Tax Credit 2024: $1,500 Payment Plus $500 Monthly for Eligible Families New $1,500 Child Tax Credit in Flint: Up to $7,500 Total Support Starting July 2024 Starting in July 2024 Flint, Michigan residents will benefit from a new Child Tax Credit (CTC) initiative designed to provide significant financial support for families, according to … Read more