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
Homeowners in the South Carolina state may see a reduced property tax bill later this year, under a budget proposal by South Carolina House. The Property Tax Relief will be noted in October property tax bills, for payments due in January 2025 House budget officers want to distribute $500 million in saved sales tax revenue … Read more
Minnesota Budget Surplus brightens the state in the near term but with financial pressure on the horizon. The Department of Minnesota Management announced the Minnesota Budget Surplus Last Tuesday, the Department of Minnesota Management reported that the state has a $3.7 billion Minnesota budget surplus projected for the budget that ends in 2025, up about … Read more
As per the U.S. District Attorney’s Office of Colorado, 2 farmers from southeast Colorado received sentences on Thursday to a total of 8 months in prison for allegedly interfering with and destroying rain gauges in order to defraud government crop insurance programs. As per to a US Attorney General’s Office spokeswoman, a way that the … Read more
On Thursday, US senators expressed their strong disapproval of Turkey’s actions as an ally, but they decided not to stop the supply of F-16s to Turkey. They were honoring an unwritten agreement whereby the Turks will receive the fighter jets in exchange for their ceasing to obstruct Sweden’s NATO membership. Sen. Jim Risch of Idaho, … Read more
The IRS has regulations based on your circumstances. In the US, a federal program called Social Security Disability Insurance (SSDI) offers financial support to those who are incapable to work because of a qualifying disability. Workers pay to SSDI, a type of social insurance that is managed by the Social Security Administration (SSA), via payroll … Read more
At an age when more than fifty percent of all American families aged 55 and older were saving nothing for retirement, the government created the saver’s credit as a tool to encourage people to save money for their future. The tax benefit is intended for people with low to moderate incomes; the IRS describes it … Read more
Americans can reduce their tax bill by $6,000 by taking advantage of a little-known credit called the Federal Solar Tax Credit. The Federal Solar tax credit, a little-known credit Americans just need to have met two criteria to get the deduction offered by the Federal Solar Tax Credit, and there are other financial incentives available … Read more
Some senior citizens in Cape Ann, who are facing the financial hardships of paying off their property tax will receive help through a state initiative program. Property Tax Abatements for Seniors! Seniors who struggled to pay property tax are donating some of their time to their towns or cities to receive tax reductions on their … Read more
The Newport City Council will ask voters through the ballot to approve an increase in gas taxes in the city. Newport City Council again proposes an ordinance to increase gas taxes Newport City Council presently collects a gas tax of 3 cents per gallon from June through October, and 1 cent per gallon during the … Read more