How do low-income college students afford their tuition following the increasing cost of education? How Low-Income College Students Afford Tuition Amidst Increasing Cost of Education With the increasing cost of education, low-income college students find ways to afford their tuition and focus on earning money to pay for college in four years while low-income college…
The new federal student loan repayment plan, named SAVE (Saving on a Valuable Education), has the potential to significantly reduce monthly bills and overall loan repayment amounts. The Biden administration has introduced a groundbreaking initiative aimed at easing the burden of student loan repayment plans for millions of borrowers This summer, eligible borrowers are encouraged…
The US Treasury Department stated that beginning with the 2024 filing season, taxpayers would prefer opting out of receiving any printed contact from the Internal Revenue Service (IRS). All documents of taxpayers will be digitized as soon as they arrive at the IRS. As per Treasury Department, IRS wants to process all tax returns…
Treasury bills (T-bills) are now offering the best yields seen in years, surpassing 5% after the quarter-point increase in the benchmark lending rate. This move has pushed interest rate hikes for over two decades. The Federal Reserve’s recent interest rate hike has led to substantial gains for savers seeking secure short-term investments Currently, a one-year…
Kimberley region residents struggled to access US Bank ATMs without paying ATM fees and being banned from how much they can withdraw their money from the local post office. Banks must provide better services by putting US Bank ATMs to understand community needs In Halls Creek, more than 350 kilometers south of Kununurra, residents…
The monthly food stamp distribution is coming to Maine eligible recipients starting August 10. Eligible SNAP Recipients Will Expect Food Stamp Distribution in Maine Starting August 10 Eligible Supplemental Nutrition Assistance Program (SNAP) recipients will expect to receive food stamp distribution in Maine starting August 10 until August 14, wherein the food stamp distribution in…
Leon Haynes is accused of attempting to claim over $124 million from the Internal Revenue Service (IRS) by submitting more than 1,000 false tax forms, falsely claiming COVID-19-related employment tax credits. Teaneck resident Leon Haynes, a tax preparer, was arrested by the Justice Department on July 31 on charges related to an elaborate tax fraud…
The highly anticipated Florida Back-to-School Sales Tax Holiday is making a grand return, and this time it’s bigger and better than ever. The traditional weekend event has been transformed into a generous two-week tax holiday For Pinellas County residents, this means a brief respite from the usual 7% sales tax, with 6% going to the…
The IRS plans to go totally digital documents by 2025, meaning most taxpayers will be able to digitally send a bevy of tax documents and other communications to the agency next filing season. Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel unveiled the “paperless processing initiative” on Wednesday in an effort to lower the…
Thomasville City Council proposed implementing a property tax and raising utility rates for residents to improve the city’s financial position. Thomasville City Council Proposes to Implement Property Tax and Raise Utility Rates for Residents Due to Lack of Funds Thomasville City Council proposed to implement a property tax and raise utility rates for residents several…