Category: News
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Understanding the $0 Difference Between Tip Credit and $17.95: What Employers in D.C. Must Cover
Understanding the $0 Difference Between Tip Credit and $17.95: What Employers in D.C. Must Cover A recent shift in Washington D.C.’s labor regulations has sparked questions among restaurant owners and hospitality employers…
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IRS Penalties in 2026 Increase: Avoid the $485 Late-File Fine
IRS Penalties Set to Rise in 2026: Here’s How to Avoid the $485 Late-File Fine Taxpayers should prepare for significant changes in the IRS penalty structure starting in 2026, as the agency…
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Higher-Income Retirees Age 65+ Could Save Over $2,000 with $23,750 Deduction
Higher-Income Retirees Age 65+ Could Save Over $2,000 with $23,750 Deduction Retirees aged 65 and older with higher incomes may find significant tax relief through a relatively straightforward adjustment—claiming the increased standard…
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DC Dining Surcharges Increase Checks by Over $20 as Wage Regulations Impact Costs
DC Dining Checks Rise Over $20 Amid Wage Regulation Impact Eatery patrons in Washington, D.C., are now facing significantly higher bills, with the average check increasing by more than $20 in recent…
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SNAP Work Requirements Tighten: Could Losing $546 Be the Result of 80 Hours a Month? What It Means for Your Budget
SNAP Work Requirements Tighten: Could Losing $546 Be the Result of 80 Hours a Month? What It Means for Your Budget Recent changes to the Supplemental Nutrition Assistance Program (SNAP) work requirements…
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WIC Enrollment Disparity Leaves Half of Eligible Participants Unenrolled, Costing Them $312 to $936 Annually in Produce Benefits
Half of Eligible Families Miss Out on WIC Benefits, Losing Hundreds Annually in Produce Support Despite widespread awareness of the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC), recent data…
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New Law Allocates Seventy Billion Dollars for Enforcement and Sixty Billion Dollars for Defense: How Your Tax Dollars Are Spent
New Federal Budget Allocates $130 Billion Toward Enforcement and Defense Initiatives The recent passage of a substantial federal budget bill has allocated $70 billion specifically for law enforcement efforts and $60 billion…
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Prepare for 2025 Filing Season: Maximize Your Savings with $30,000 Married Deduction and $1,000 Saver’s Credit to Potentially Reduce Taxes by $1,300
The 2025 tax filing season is just around the corner, and proactive taxpayers can significantly boost their savings by understanding recent updates to tax deductions and credits. Notably, the expanded married filing…
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Telehealth Crisis: Millions of Seniors Face Hundreds of Dollars Monthly If Funding Ends
Telehealth Crisis: Millions of Seniors Face Hundreds of Dollars Monthly If Funding Ends As telehealth services have become a vital component of healthcare for millions of seniors, a looming funding cutoff threatens…
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Rising Medical Bills? Medicaid Changes May Leave Families Paying Over $5,000 More Out-of-Pocket Annually
Rising Medical Bills? Medicaid Changes May Leave Families Paying Over $5,000 More Out-of-Pocket Annually Recent adjustments to Medicaid policies across several states could significantly increase the financial burden on low-income families, with…
Recent Posts
- Restaurant Closures Increase as D.C. Venue Cites $60,000 Annual Wage Mandate—What Will Be the Impact on Prices?
- SNAP Benefit for Four People Sets at $994: Meal Plan to Safeguard Funds During EBT Disruptions
- Potential $10,000+ Loss for Teachers Due to PSLF Limits—Monitor Your 120 Payments Today
- Five-Trillion Dollar Borrowing Limit Increase Approved: Potential Impact on Your 401(k)
- Tax Season Update: No Proposed Tax Exemption on Tips—Estimate Your Potential $1,300 Increase
