Treasury bills (T-bills) are now offering the best yields seen in years, surpassing 5% after the quarter-point increase in the benchmark lending rate. This move has pushed interest rate hikes for over two decades. The Federal Reserve’s recent interest rate hike has led to substantial gains for savers seeking secure short-term investments Currently, a one-year…
Kimberley region residents struggled to access US Bank ATMs without paying ATM fees and being banned from how much they can withdraw their money from the local post office. Banks must provide better services by putting US Bank ATMs to understand community needs In Halls Creek, more than 350 kilometers south of Kununurra, residents…
Lots of retirees will soon start receiving their first Social Security checks for August, which can be valued up to $4,555 for those who wait till they are in their 70s. Individuals born between August 1 and August 10 will receive their initial 3 August payouts on Wednesday, August 9, 2023, 6 days later. For…
Despite Treasury Secretary Janet Yellen’s complaints, Fitch downgraded the US government’s long-term credit rating this week from AAA to AA+. In reality, our long-term credit score should be no more than a D.
The monthly food stamp distribution is coming to Maine eligible recipients starting August 10. Eligible SNAP Recipients Will Expect Food Stamp Distribution in Maine Starting August 10 Eligible Supplemental Nutrition Assistance Program (SNAP) recipients will expect to receive food stamp distribution in Maine starting August 10 until August 14, wherein the food stamp distribution in…
Leon Haynes is accused of attempting to claim over $124 million from the Internal Revenue Service (IRS) by submitting more than 1,000 false tax forms, falsely claiming COVID-19-related employment tax credits. Teaneck resident Leon Haynes, a tax preparer, was arrested by the Justice Department on July 31 on charges related to an elaborate tax fraud…
The highly anticipated Florida Back-to-School Sales Tax Holiday is making a grand return, and this time it’s bigger and better than ever. The traditional weekend event has been transformed into a generous two-week tax holiday For Pinellas County residents, this means a brief respite from the usual 7% sales tax, with 6% going to the…
The Secure Act of 2019 gives heirs two options: they can either start a new account in an IRA or an approved employment plan, or they can withdraw the money in one single sum and pay taxes on it.
The IRS plans to go totally digital documents by 2025, meaning most taxpayers will be able to digitally send a bevy of tax documents and other communications to the agency next filing season. Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel unveiled the “paperless processing initiative” on Wednesday in an effort to lower the…
Thomasville City Council proposed implementing a property tax and raising utility rates for residents to improve the city’s financial position. Thomasville City Council Proposes to Implement Property Tax and Raise Utility Rates for Residents Due to Lack of Funds Thomasville City Council proposed to implement a property tax and raise utility rates for residents several…