Education budgets are set at the local level and are paid out of the statewide Education Fund, with lawmakers setting a statewide tax rate to fund it. Lawmakers in Vermont are using surplus funds from the pandemic to buy down property taxes and mitigate the impact of rising education costs The pandemic has increased the…
SNAP Finance LLC agreed with the $11.4 million settlement following misleading advertisements in Pennsylvania. SNAP Finance LLC Deceives Low-Income Families in Pennsylvania SNAP Finance LLC faced a lawsuit after deceiving several low-income families in Pennsylvania by disguising a 12-month agreement for rent-to-own purchases as “100-Day Cash Payoffs” in misleading advertisements. The victims of SNAP Finance…
The Virginia Interfaith Center Executive Director had an idea of how the Virginia State Budget available funds must invest with. Virginia must invest their Virginia State Budget in Affordable Housing Kim Bobo, Interfaith Center Executive Director, suggested a radical way to invest the remaining Virginia State Budget funds. The state should invest in affordable…
Millions of dollars from the New Tax Credit Program will be distributed to teens from Foster Care in Georgia. The report shows 20% of teens out in Foster Care in Georgia became homeless The qualified teens from foster care in Georgia will receive support from the new Tax Credit Program of the state. The…
The new IRS tax rule lowered the minimum reporting threshold on Cash App payments from $20,000 to $600. New IRS Tax Rule Reduces Minimum Reporting Threshold for Cash App Payments The new IRS tax rule aims to reduce the minimum reporting threshold for Cash App payments from the previous $20,000 minimum to $600 for every…
Military veterans are expected to receive larger retirement tax credits in Maryland. Military Veterans Will Expect Larger Retirement Tax Credit Following New Law Several military veterans will expect to receive larger retirement tax credits after Maryland Governor Wes Moore signed House Bill 554 into law, raising the credit to $20,000. The new law will provide…
The proposed plan, if passed into law, would cost the state an estimated $800 billion. California’s reparations task force has recently approved recommendations that could potentially grant $1.2 million to every Black resident as compensation for slavery and other historical injustices Despite significant opposition to reparations, especially among Republicans and the majority of Americans, San…
The US Department of Education, under the Biden administration, has canceled more than $66 billion in education debt through various programs. Biden Administration’s education department cancels Billions in student loan debt Over two million borrowers, including those who have been defrauded and public sector workers, have benefited from this relief. The Public Service Loan Forgiveness…
Senior citizen homeowners are expected to get property and income tax relief in North Dakota. Senior Citizen Homeowners to Be Eligible for Property and Income Tax Relief Packages Following New House Bill Some senior citizen homeowners aged 65 and above will be eligible for the new property and income tax relief packages following the passing…
After months of negotiations, Oklahoma Legislature has finally ended a deal on an education reform agreement. Oklahoma Legislature agreed on a Historic Education Reform Oklahoma Legislature has finally reached a deal on historic education reform. This deal includes teacher pay, teacher tax credits, and school funding. Oklahoma Legislature settled to dispense $625 million in…