The IRS will introduce a $2000 Economic Relief Package Direct Deposit in 2025 to assist financially disadvantaged Americans in receiving their tax returns. The rumour of a $2000 stimulus payment in January is quickly circulating among US people. However, the IRS, Internal Revenue Service, has rejected this, stating that we do not have such plans…
The Internal Revenue Service (IRS) will distribute the final stimulus cheques this month to those who are eligible. The payments, totalling up to $1,400, will be distributed to around one million eligible US taxpayers. These stimulus checks are part of the COVID-19 payments granted by Congress to assist Americans who were financially disadvantaged during the…
A check from the Internal Revenue Service is likely to brighten the holiday season for one million taxpayers throughout the country. The IRS stated on Friday that around $2.4 billion in stimulus funds will be sent to some taxpayers in the coming weeks. Internal data reviewed by the IRS revealed that many consumers who filed…
The IRS has introduced new pilot programs designed to make resolving tax disputes quicker and easier. Announced on January 15, 2025, these programs aim to improve the existing Fast Track Settlement (FTS) process. The goal? Save taxpayers time, reduce stress, and simplify the resolution process. What Is Fast Track Settlement (FTS)? Fast Track Settlement is…
Banks across the United States are shutting down thousands of branches as the rise of digital banking transforms the financial landscape. In 2023, over 3,000 bank branches closed their doors, with only 1,000 new ones opening. This trend isn’t slowing down, and it’s already making waves in communities nationwide. Why Are Banks Closing Branches? One…
If you’re considering applying for Social Security Disability Insurance (SSDI), you may have heard that age plays a role in whether your application gets approved. But is it really easier to get approved as you grow older? The short answer: Yes, statistics suggest that older applicants have higher approval rates, but there’s more to the…
The Department of Veterans Affairs (VA) has announced the 2025 rates for the Montgomery GI Bill Selected Reserve (MGIB-SR), commonly known as Chapter 1606. This program is designed to support the education and training goals of eligible members in the Selected Reserve, including branches like the Army National Guard and Air National Guard. Here’s what…
WASHINGTON, D.C. — In a major development, President Joe Biden has announced the cancellation of student loan debt for an additional 150,000 borrowers, adding $4.23 billion to his administration’s broader relief efforts. This brings the total debt forgiveness under Biden’s presidency to a staggering $183.6 billion, benefiting more than 5 million Americans. The new wave…
Social Security Disability Insurance (SSDI) beneficiaries should get ready for their January 2025 payments, scheduled to arrive on Wednesday, January 15, 2025. If your birthday falls between the 11th and 20th of any month, this is your scheduled payment date. The Social Security Administration (SSA) distributes payments according to a clear schedule based on your…
The $100 bill, with Benjamin Franklin’s face proudly displayed, has been a cornerstone of U.S. currency for decades. However, its future might be at risk due to several economic and policy considerations. Here’s what you need to know about the debate surrounding this iconic cash and what it could mean for the future of money….