For millions of American couples, Social Security and Supplemental Security Income (SSI) benefits just got a boost in 2025. The average monthly Social Security payment for couples is now $3,089, while eligible SSI recipients could receive up to $1,450 per month. These increases aim to help beneficiaries cope with rising living costs. Here’s a breakdown…
Connecticut Faces Growing Living Expenses, Creating a Debate Over the Child Tax Credit Growing Support From Both Parties and Family Concerns for the Proposed $600 Per Child Credit The state of Connecticut is facing rising living expenses, which has fueled the debate over laws about child tax credits. In the recent report of Public News Service,…
Cyclacel Pharmaceuticals Receives a £2.3 million R&D credit from HMRC Cyclacel Anticipates a $0.8 Million Increase Subject to Tax Credit Adjustment According to a Smart News report, a £2.3 million R&D tax credit from the UK government’s tax agency, HMRC, Cyclacel Pharmaceuticals (NASDAQ: CYCC) has revealed a notable improvement in its financials. This credit is…
The Oklahoma House approved a bill to provide pregnancy centers with a tax credit House Democrats Express Concerns About Religious Influence and a Lack of Medical Oversight The Oklahoma House of Representatives has approved House Bill 1788, a bill that would temporarily create an income tax credit for gifts made to pregnancy resource centers, by…
Governor Evers signs a law extending the childcare tax credit Calls for Direct Payments to Providers Amid Rising Costs At a Milwaukee event, Wisconsin Governor Tony Evers signed an extension of the childcare tax credit into law, thereby easing financial constraints for parents. Originally drafted by Republicans, this nonpartisan endeavor seeks to assist families struggling…
Unified Legislators Back Kotek’s Housing Plan: Bipartisan Support Emerges $376 million is set aside for an emergency housing package to address Oregon’s critical need. Legislators have unified behind Governor Tina Kotek’s ambitious proposal, which aims to expedite the development of houses, in a historic attempt to address Oregon’s housing problem. As stated in the Statesman…
New Rules, New Challenges: Understanding the Adjustments to the EV Tax Credit Program Navigating Complexity: Key Considerations for Consumers Amidst EV Tax Credit Changes According to Slash Gear, the government’s EV tax credit program has undergone significant adjustments, which will take effect on January 1st, 2024, to encourage the switch to electric vehicles. Though intended…
The IRS Alerts You to the COVID-19 Tax Credit’s Impending Expiration To Claim Recovery Rebate Credit, Eligible Taxpayers Are Urged to File 2020 Returns by May 17 The Internal Revenue Service (IRS) is alerting taxpayers to the approaching expiration of a tax credit created during the COVID-19 pandemic as the May deadline draws near. Those…
This ‘$500 Emergency Payments’ is a big help to those people who are struggling with their high utility bills, but it depends on each individual who can fulfill the following requirements. Operation fuel also provides vital assistance to people to keep their houses warm. How Does Operation Fuel Help the People? Operation Fuel…
In a troubling revelation, new data from the federal government underscores the escalating crisis of homelessness in the United States, reaching an unprecedented high. This crisis is disproportionately impacting Indigenous communities, a longstanding trend that Chief Seattle Club, a Seattle-based nonprofit, is acutely attuned to The Chief Seattle Club, dedicated to serving Indigenous people in…