Category: USA
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Student Debt Amnesty Ends January 1: Tax on Forgiven Balances Resumes, Eliminating $20,000 Relief
Student Debt Relief Ends January 1, Resumption of Tax on Forgiven Balances Eliminates $20,000 Relief After a temporary pause, the federal government’s policy of forgiving student loan debt under the recent relief…
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SALT Relief Increase: Cap Rises from $10,000 to $40,000—Potentially Saving You Over $2,000
IRS Raises SALT Deduction Cap from $10,000 to $40,000, Offering Significant Tax Relief The Internal Revenue Service (IRS) has announced a substantial increase to the State and Local Tax (SALT) deduction cap,…
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Tax ‘No Tips’ Rule Extends to 2028 with a $25,000 Annual Cap You Can’t Overlook
Tax ‘No Tips’ Rule Extends to 2028 with a $25,000 Annual Cap You Can’t Overlook A significant change in tax regulations affecting tipped workers has been extended through 2028, capping the annual…
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WIC Benefits by State: Will Your $47 Pregnancy Support Continue During the Shutdown?
WIC Benefits by State: Will Your $47 Pregnancy Support Continue During the Shutdown? As the United States faces a potential government shutdown, many pregnant women and mothers relying on the Women, Infants,…
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Medicaid at Risk: CBO Warns Millions Could Lose Coverage Over Potential $1,000 Emergency Room Bills
Medicaid at Risk: CBO Warns Millions Could Lose Coverage Over Potential $1,000 Emergency Room Bills The Congressional Budget Office (CBO) has issued a stark warning that potentially millions of Americans enrolled in…
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Shaking Safety Net: $185 Billion Cut from Food Aid Raises Concerns Over Your $546 Two-Person SNAP Benefits
Shaking Safety Net: $185 Billion Cut from Food Aid Raises Concerns Over Your $546 Two-Person SNAP Benefits A proposed federal budget reduction totaling approximately $185 billion over the next decade is fueling…
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IRS Announces $22,500 Standard Deduction for Heads of Household in 2025, Up $600
IRS Increases Standard Deduction for Heads of Household to $22,500 in 2025, Marking a $600 Rise The Internal Revenue Service (IRS) has announced that the standard deduction for taxpayers filing as Head…
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WaPo Model Shows Trump Tax Cut Not the Largest, but Families Could Save Up to $2,200 Per Child
WaPo Model Shows Trump Tax Cut Not the Largest, but Families Could Save Up to $2,200 Per Child A recent analysis by The Washington Post’s modeling tool suggests that the tax cuts…
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D.C. Suspends $2 Tipped-Wage Increase, Potentially Costing Servers $4,160 Annually Compared to Original Plan
District of Columbia Halts $2 Tipped-Wage Increase, Potentially Reducing Servers’ Annual Earnings by Over $4,000 The District of Columbia has paused plans to implement a scheduled $2 increase in the tipped minimum…
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Day 6 of Shutdown: Federal Employees Face No Paychecks as $8 Billion WIC Assistance Dwindles
Day 6 of Federal Shutdown: Impact Grows as Workers Go Without Pay and WIC Assistance Dwindles As the federal government enters its sixth day without funding, thousands of federal employees remain unpaid,…
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
