During his seventh budget address last Tuesday, New Jersey Governor Budget Phil Murphy delivered a statement of priorities that are part of the $55.9 billion state spending plan he proposed for the State’s 2025 fiscal year. The first two takeaways of New Jersey Governor’s $55.9B Spending Proposal New Jersey Governor Budget- The New Jersey Governor … Read more
If your employer is outside the state where you are living, there may be tax consequences, and that could be facing double taxation. Double Taxation: Convenience of the Employer Rule You could face double taxation if your company is outside the state where you worked in 2023. Being a hybrid worker might also mean … Read more
An expensive 5-day trip to Miami was financed by the Economic Equity Program under the Democratic Mayor’s administration. Washington D.C Mayor Muriel Bowser distributed thousands of dollars to low-income Moms: A low-income mother received financial support as part of an “equitable economic recovery strategy” aimed at addressing the high cost of childcare. In … Read more
Opted for the old tax regime? NPS to Bank FD. Effective income tax savings can be accomplished by strategically utilizing various avenues, provided they are planned accurately. Income Tax Saving Investments for taxpayers If you intend to make Income Tax Saving investments, it’s vital to first determine the required investment amount. Taxpayers wanting to have … Read more
Tax season started on 29 January 2024, and many taxpayers must have already received their tax refunds. Taxpayers who have children and claim the Additional Child Tax Credits (ACTC) may not have received their tax refund as the IRS cannot process their tax refund till mid-February due to the PATH federal law. Today or … Read more
Zelenskyy’s Revelation: 31,000 Soldiers Killed in Conflict with Russia Confidence Amidst Setbacks: Zelenskyy Affirms Ukraine’s Resolve Ukrainian President Volodymyr Zelenskyy has revealed a staggering toll of 31,000 soldiers killed in the conflict with Russia marking the first time such a figure has been disclosed. Speaking in Kyiv on the second anniversary of Vladimir Putin’s invasion … Read more
What is GST Payment? These federal payments are made based on the individual income tax return. The Canada Revenue Agency (CRA) will provide some extra GST assistance for taxpayers in 2024. To know more about Extra GST Payment, continue to read this article. What can GST Payment 2024 do for Canadian Taxpayers? The … Read more
Yes, TANF and SNAP Assistance are different, but they are both Government Programs to support low-income families. We describe below the differences between these two assistance programs. How does the SNAP program help families? Supplement Nutrition Assistance Program (SNAP)- known as Food Stamps, its purpose is to provide low-income families also to a zero-income … Read more
Last week, California Dem introduced a new bill to divert surplus funds from economic relief funds to reparations amid a historic budget deficit. A California Democrat Senator Steven Bradford’s Senate Bill (S.B.) 1331 California law needs unspent money from the General Fund to go to the Special Fund for Economic Uncertainties. A California Democrat senator … Read more
Working is required to the older resident to continue receiving food assistance to avoid higher debts in the US as part of Bipartisan Compromise. It is necessary for the elderly who are able to work aged 50-54 without children to work. Working is required to received Food Assistance for Older People To continue … Read more