Boosting the Child Tax Credit for Families During Tough Economic Times President Biden’s Initiative to Provide Financial Relief to Struggling Families According to Fool, in 2021, when the economy was tough the US government made big changes to help families. One of these changes was to boost the Child Tax Credit led by President Biden. … Read more
Connecticut Lawmakers Propose New Tax Credit for Low-Income Families Caution Urged Budgetary Concerns According to CT Mirror, at the Connecticut State Capitol, Connecticut lawmakers are talking a lot about making a new tax credit for families with kids who don’t have a lot of money. Many Connecticut lawmakers support this idea with more than two … Read more
Iowa Lawmakers Consider Movie Industry Boost with Tax Credits Proposed Bill Aims to Revitalize Iowa’s Film Sector Amid Past Credit Program Scandal According to Des Moines Register, Iowa lawmakers are thinking about a new law to help the state’s movie industry. They want to give tax credits to attract movie studios and make Iowa a … Read more
Iowa Lawmakers Mull Discounts for Electric Cars Amid Growing Popularity Proposed House Study Bill 731 Offers Significant Savings on New and Used Electric Vehicles According to the Ascent, As more people are choosing electric cars, Iowa lawmakers are thinking about a new law House Study Bill 731 to give discounts on these vehicles. The proposed … Read more
This Monday, the SSA (Social Security Administration) will resume paying pensioners. On March 13th, a Wednesday, claimants will once more receive their $1,900 cheque, following a week lacking Social Security benefits. By 2024, approximately 68 million American citizens will be receiving Social Security payments on a monthly average, for an annual benefit payout of roughly … Read more
Push for a New Income Tax Credit Child Tax Benefit: A Legislative Support One of the prominent issues at the Connecticut state Capitol currently is the debate over whether to introduce a new income tax credit for low and middle-income households with children. Over two dozen legislators have co-sponsored bills advocating for a per-child credit, … Read more
Maryland’s House Bill 1515 Takes Center Stage Del. Moon’s Fiscal Vision – Maryland’s Revenue Landscape According to CBS News, Maryland’s House of Delegates recently introduced Maryland’s House Bill 1515 aiming to lower the state’s sales tax from six percent to five percent. However, this comes with a catch Maryland’s House Bill 1515 proposes expanding sales … Read more
UnitedHealth Group Post-Cyberattack Government Urges UnitedHealth Group to Lead Swift Financial Aid According to AOL, The US government is asking insurance companies to hurry up and pay healthcare providers from UnitedHealth Group after a cyberattack messed up their payment systems. This attack affected Change Healthcare, a part of UnitedHealth Group, a huge health IT company that … Read more
Navigating Financial Variances in Electric Vehicles $7,500 Tax Credit – Streamlined Access for EV Buyers According to the Ascent, Electric cars are becoming more popular but they come with financial differences compared to traditional cars. Things like taxes, insurance, and maintenance work in unique ways for electric vehicles (EVs). Manufacturers, sellers, and insurers are still … Read more
Unlocking Financial Relief – The Earned Income Tax Credit (EITC) Easing the Burden of Adoption Costs According to the Ascent, As tax time gets closer families with lower incomes should check out the Earned Income Tax Credit (EITC). It could give them up to $7,430 in relief. If you adopted a child there’s an adoption … Read more