A tax provision that is part of Trump’s Tax Law in 2017, the Tax Cuts and Jobs Act could be in line for a last-minute revision, meaning it can deliver bigger tax refunds this 2024 to millions of Americans. The so-called state and local tax deduction, or the SALT deduction will revise the Trump…
During an earnings call, the CEO of McDonald’s informed investors that the chain of restaurants will prioritize costs this year. This decision was made in response to criticism the firm received for higher prices that customers had noticed. CEO Chris Kempczinski stated on the earnings call on Monday, “I believe what you’re about to see…
As taxpayers across the country gear up for IRS Tax Season 2024, understanding the various tax credits and rebates available can significantly impact your financial bottom line. Federal Child Tax Credit: A Boon for Families The federal child tax credit remains a cornerstone for families nationwide during IRS Tax Season 2024. With up to $2,000…
New York City is introducing a new pilot program that will give NYC migrant families a reloadable pre-paid credit card to buy food and supplies. A pilot program is being launched to provide pre-paid debit cards to NYC Migrants! The pre-paid debit cards will be provided to an initial 500 families of NYC migrants with…
Manhattan District Attorney Alvin Bragg has strongly condemned the recent attack on New York Police Department (NYPD) officers in Times Square by a group of migrants, labeling the acts of violence as “heinous.” Bragg asserted that his office is actively collaborating with law enforcement to bring all responsible individuals to justice. Bragg’s Commitment to Justice…
A groundbreaking $750 guaranteed income program initiated by Inland SoCal United Way is set to provide no-strings-attached cash support to residents in the Inland Empire, California. The $10 million pilot program aims to distribute monthly payments with pregnant women in their first six months receiving $600 and former foster youth getting $750. The initiative is…
Alexander “Nico” Fanjul, scion of the wealthy Fanjul family was arrested in Palm Beach, Florida, on charges of domestic violence including allegations of strangulation and robbery. The incident unfolded after a neighbor called 911 upon hearing a woman’s screams at Fanjul’s residence. Alexander “Nico” Fanjul, whose family owns the sugar and real estate conglomerate Florida…
CIA Leaker Josh Schulte, a former CIA computer specialist, was sentenced to 40 years for exposing government hacking tools and possessing child pornography. Schulte’s comparison of a New York City jail to Nazi concentration camps outraged the judge, who sentenced him. Former CIA Leaker Josh Schulte Sentenced to 40 Years At the sentencing hearing, Schulte…
In a historic move the House approved a bipartisan $78 billion tax package on Wednesday, ushering in temporary expansions to the child tax credit 2024 and reinstating various business tax benefits. The bill with rare bipartisan backing now heads to the Senate under the watch of House Speaker Mike Johnson, who manages a slim majority….
Whether you’re ready or not, tax season has arrived. Monday, January 29, marked the start of the 2024 tax season for the Internal Revenue Service. The federal organization is attempting to streamline the procedure for a large number of citizens. Together with other modifications to the Texas tax code, the adjustments consist of a new…