Tax season is just around the corner, and if you’ve had student loans forgiven, you’re probably wondering if it’ll affect your taxes. Here’s the lowdown on how forgiven student loan debt is treated in 2025 and what you need to watch out for when filing your tax return. Federal Tax Rules Favor Borrowers (For Now)…
Recent headlines have claimed that Social Security recipients will see a $488 increase in their monthly benefits. However, a closer look reveals that this figure doesn’t align with the official announcements from the Social Security Administration (SSA). Here’s what you really need to know about benefit adjustments for 2025, including payment dates and the truth…
As February 2025 approaches, CalFresh recipients across California are gearing up to receive their much-needed Supplemental Nutrition Assistance Program (SNAP) benefits. If you’re wondering when your benefits will be available, here’s everything you need to know about the payment schedule and how to access your funds. February 2025 Payment Dates CalFresh benefits are distributed based…
Starting January 2025, millions of Americans relying on Social Security are set to receive a financial boost. A 2.5% Cost-of-Living Adjustment (COLA) will increase monthly benefits by about $50 on average. This adjustment is intended to help beneficiaries cope with inflation and rising expenses for everyday essentials. Here’s what this means for you and how…
The Social Security Administration (SSA) has announced a 2.5% cost-of-living adjustment (COLA) for 2025. For the average retiree, this means a monthly increase of about $50. While this adjustment is meant to help beneficiaries keep up with inflation, many seniors are saying it’s simply not enough. A recent survey shows that over half of retirees…
Visa and Mastercard have agreed to a staggering $197.5 million settlement over allegations of inflating ATM fees unlawfully. This groundbreaking settlement stems from claims that the companies violated federal antitrust laws by driving up the costs for consumers to access their money. This isn’t the first time banks and card networks have faced similar charges….
In a welcome move for millions of Irish residents, the government has rolled out significant increases to social welfare payments for 2025. These updates, part of the Budget 2025 plan, aim to provide financial relief to pensioners, low-income households, caregivers, and families with children amid rising living costs. Here’s a breakdown of the key changes…
Millions of Americans could see an extra $1,400 land in their bank accounts this month as the IRS starts issuing stimulus payments to eligible taxpayers. These payments, linked to the 2021 Recovery Rebate Credit (RRC), are aimed at individuals who missed out on claiming their credit during the pandemic relief efforts. The IRS has confirmed…
The IRS has announced that nearly one million taxpayers will receive special payments by the end of January 2025. These payments, which could be as high as $1,400 per person, are being sent to individuals who missed out on claiming their Recovery Rebate Credit (RRC) on their 2021 tax returns. The RRC was created as…
The Internal Revenue Service (IRS) has officially set January 27, 2025, as the starting date for the upcoming tax season. That’s when taxpayers can begin submitting their federal tax returns for the 2024 tax year. Filing early can help ensure a faster refund, especially if you’re expecting one. The deadline to file your federal taxes…