Sponsored by two Democratic state senators, Senate Bill 584 will be presented to the California legislature. A new tax proposal in California aims to tackle the state’s affordable housing crisis and assist low- and middle-income residents The bill calls for the implementation of an occupancy tax on short-term rentals, such as those offered through platforms … Read more
Oklahoma teachers will receive up to $6,000 pay raises under an education package. Oklahoma Teachers To Expect Pay Raises Between $3,000 and $6,000 As Part of Education Package Oklahoma teachers are expected to receive pay raises between $3,000 and $6,000 under an education bill package to provide $500 million a year in aid for several … Read more
The Internal Revenue Service (IRS) has issued a reminder to taxpayers that certain energy-efficient updates to their homes may qualify them for home energy tax credits. IRS reminds taxpayers of expanded home energy tax credits for energy-efficient improvements The Inflation Reduction Act of 2022 expanded the credit amounts and types of qualifying expenses. Taxpayers who … Read more
Senators Tim Kaine and Mark Warner of Virginia are reintroducing the School Infrastructure Modernization Act, which aims to remove an obstacle in the federal tax code that prevents historic tax credits from being used to finance the renovation of local school buildings that will continue to be used as schools. Senators aim to remove obstacles … Read more
Louisiana business owners may soon have a tax incentive to hire high school interns, according to a proposed bill. Louisiana proposes tax credit for hiring high school interns House Bill 637, authored by Rep. Buddy Mincey, R-Denham Springs, would allow employers to receive a state tax credit of up to $2,500 if they hire public … Read more
The program’s financial feasibility will be discussed at the county’s budget meeting in June, and the logistics will be discussed in August. Santa Clara County officials are considering a guaranteed basic income program for former inmates to help them integrate back into society The advocates believe the program could decrease recidivism by providing a financial … Read more
The first-ever guaranteed income program in Cook County, Illinois, is now providing more than 3,200 families with a monthly direct payment. Cook County Promise Guaranteed Income Pilot Program The program provides monthly stipends of $500 for two years to low-earning households. The program is one of 130 similar guaranteed income pilot programs in 32 states … Read more
For a home worth $250,000 with a 20% down payment, this would result in a monthly mortgage payment of over $1,600. Mortgage rates are on the rise, with Freddie Mac reporting an interest rate of 6.39% for a 30-year fixed-rate mortgage loan in the week ending May 4, 2023 However, there are still options available … Read more
While there are a few other no-deposit deals available, they all require the financial backing of friends or family. UK-based Skipton Building Society has launched a deposit-free mortgage aimed specifically at renters Skipton’s deal requires 12 months of on-time rental payments and a good credit history but does not need a guarantor. However, at 5.49%, … Read more
Trayshaun Smith, a 23-year-old suspect, was discovered by authorities to be facing a murder charge in Cook County, Illinois, after he checked into a hospital in Lafayette, Indiana, on Thursday evening. A man from Indiana wanted for murder was apprehended after seeking medical treatment for a gunshot wound sustained during an incident involving a three-year-old … Read more
