Georgia Announces Tax Refund Issuance Following Revenue Surplus and New Legislation

Georgia Governor Brian Kemp

Georgia Governor Brian Kemp and the Georgia Department of Revenue (DOR) have announced the release of the first round of tax refund checks as a result of House Bill 162. Georgia issues surplus tax refunds as a result of House Bill 162 The legislation allows for an additional refund of income taxes from 2021 due … Read more

Illinois Gov. Pritzker Faces Concerns Over State’s Exodus of People and Wealth

Gov. Pritzker

The latest data from the IRS shows that taxpayers who moved from one state to another between 2019 and 2020 resulted in a significant loss of people and income for Illinois, as well as New York and California. Illinois Governor JB Pritzker is facing concerns about an exodus of people and their wealth from the … Read more

USDA Provides $130 Million in Financial Assistance to Farmers Facing Financial Risk

Financial Assistance

The United States Department of Agriculture (USDA) has announced that almost $130 million in automatic financial assistance has been obligated for eligible farm loan program borrowers who are facing financial risk. USDA provides nearly $130M in financial assistance to mitigate financial risk for distressed farm loan borrowers The funding was provided under Section 22006 of … Read more

U.S. Federal Reserve Raises Interest Rates to Tackle Inflation: Will They Continue to Hike?

Federal Reserve

At the most recent Federal Open Market Committee (FOMC) meeting in March 2023, the Fed raised rates again by a quarter of a percentage point, bringing rates from 4.75% to 5%. The U.S. Federal Reserve raised interest rates seven times in 2022 and again in February 2023 in an effort to control inflation It is … Read more

3 Best Credit Repair Companies of May 2023

  Credit Saint Credit Saint is a credit repair company that helps individuals improve their credit scores by identifying and resolving inaccuracies and errors on their credit reports. The company offers personalized credit repair plans that are tailored to the specific needs of each client. Credit Saint’s services include credit bureau disputes, creditor interventions, and … Read more

Some Texas districts to pay $5 billion in property taxes to fill funding gap at other schools

school

Advocates In Texas Said That The School Who Collects Taxes More Should Give Some To The State And The State Distributes It To Other School That Needs It, To Provide A Better School For The Children. Some Of These Advocates Have Been Born, Raised And Typically Grew Up In Texas.   Property Tax For School … Read more

Texas City Receives $30,000 Award To Support Recycling Efforts

Texas City Receives $30,000 Award To Support Recycling Efforts

Texas City is among six places in the state to receive the monetary award from H-E-B and Keep Texas Beautiful to support the recycling program. The state awarded six places to support recycling efforts. Texas City is one of them Texas City will receive money to support the recycling efforts of the city. The award … Read more

27 States Urge President Biden To End His Unconscionable Policy In Mortgage Redistribution Program

27 States Urge President Biden To End His Unconscionable Policy In Mortgage Redistribution Program

On Monday, 27 states treasurers and other finance officials challenged President Biden to terminate his unconscionable policy in the mortgage redistribution program.   27 States: End The New Policy of President Biden’s Re-Mortgage Redistribution Program Officials from 27 states are challenging President Biden’s Administration to terminate the mortgage redistribution program. The program will make debtors … Read more

Georgia $6.6billion Surplus Tax Refund: Eligible Taxpayers May Receive Rebates Up To $500 Starting This May

Georgia $6.6billion Surplus Tax Refund: Eligible Taxpayers May Receive Rebates Up To $500 Starting This May

The State of Georgia is distributing a $ 6.6 billion Surplus Tax Refund for eligible taxpayers starting this week.   Georgia Taxpayers need to know the Surplus Tax Refund Criteria to be qualified to claim Rebates Millions of Georgia residents could soon receive a rebate payment of up to 500 dollars from 6.6 billion dollars … Read more

IRS Raises Maximum Contribution Limit for Retirement Savings Plans in 2022

IRS

This is the second consecutive year that the agency has raised the limit. The IRS has announced that it will increase the maximum contribution limit for 401(k), 403(b), and most 457 retirement savings plans to $20,500 in 2022 Additionally, the catch-up contribution limit for those aged 50 and over will increase to $6,500 in 2022, … Read more