President Joe Biden’s administration said on Friday that it was going to automatically erase the debt of hundreds of thousands of debtors after months of delay and a major defeat caused by the Supreme Court this past month. The debt cancellation would relieve 804,000 people who are paying back student loans for $39 billion. It…
Knowing your credit score is crucial since getting a loan involves a credit check. Overall, if your overall score is at least 640, you have a better chance of getting favorable terms. There are always options available to you even though you haven’t got that credit score. For personal loans, each lender has their requirements,…
In his blog, he wrote that voters in the United States obviously have a difficult time understanding economics. A voter who plans to purchase a home or a car may vote for a candidate who is knowledgeable about economics. Biden seems to be a poor choice for vice president when it comes to economics. However, as the country experiences…
This marks the third consecutive year of the cap, which aims to control rising costs amid high inflation. State Comptroller Tom DiNapoli has announced that New York property tax growth will once again be limited to a 2% cap for local governments and school districts in 2024 The New York property tax cap, implemented in…
This year, the Back-to-School Sales Tax holiday will occur on the third full weekend of July, continuing a tradition that started seven years ago. Alabama residents can rejoice as the highly anticipated Back-to-School Sales Tax holiday makes its 18th annual appearance from July 21 to July 23 During the designated period, starting from 12:01 a.m….
The tax relief application is extended until November 15 for eligible flooding victims in Vermont. Tax Relief Application Extended for Flooding Victims in Vermont Until November 15 Following the nearing end of the tax relief application, the Internal Revenue Service (IRS) decided to extend the deadline of the tax relief application for flooding victims who…
A proposed income tax increase in Delaware City will help support infrastructure and economic development amidst inflation. Proposed Income Tax Increase to Support Infrastructure Projects and Economic Development Amidst Inflation in Delaware City Amidst the increasing cost of living and inflation in Delaware City, the proposed income tax increase will aim to support infrastructure projects…
The city aims to provide property tax breaks of up to 75 percent over 29 years for downtown office-to-resi conversions. Boston Mayor Michelle Wu has introduced a groundbreaking plan to address the housing shortage and embrace the rise of remote work by encouraging office-to-resi conversions This marks the first financial incentive proposed by Boston to…
Despite its reputation as a financial hub, the state’s regulations have made it difficult for investors to participate in digital asset markets like crypto in New York. New York State, known as the home of Wall Street, has become a frustrating place for crypto in New York While New York continues to snub crypto, there…
The Biden administration is determined to keep fighting for assistance for millions of Americans suffering under debts that sometimes exceed $100,000 after the Supreme Court rejected his student loan forgiveness program in June. The court decided 6-3 against the Biden administration’s plan to cancel up to $400 billion in student loans, ruling that the president…