The tax package is expected to provide savings for shoppers who purchase back-to-school items, hurricane-preparedness supplies, summer activities, and tools. The Florida House has approved a $1.38 billion tax package that includes tax holidays for shoppers and businesses The bill also includes tax exemptions for items like diapers, gas stoves, and oral-hygiene products. The House…
SEPTA, the Southeastern Pennsylvania Transportation Authority, has agreed to a class action settlement in relation to a data breach that occurred in August 2020. Direct payment settlement for SEPTA’s data breach class action lawsuit The public transportation agency has agreed to make a payout to resolve allegations that it failed to prevent the hack that…
Republicans hope that by forcing Mr. Biden to negotiate over spending reductions, they can avoid the risk of a catastrophic debt default. The House G.O.P. passed a bill on Wednesday that raised the debt ceiling while reducing spending and undoing key elements of President Biden’s domestic agenda Speaker Kevin McCarthy barely passed the bill, which…
The Supreme Court ruled to reject the request of three private colleges to stop the settlement verdict in the case of Sweet v Cardona. Three Private Colleges that filed petitions with the Supreme Court Sweet v Cardona was filed in 2018 by the borrower defense applicants. The case claims that the Department of Education…
The fiscal year 2022 saw over 160,000 claims, amounting to a payout of $309 million. Texas Comptroller Glenn Hegar revealed in September that his office has set a new record in returning unclaimed property to its rightful owners This was the third time the office had paid out more than $300 million in a fiscal…
While many methods can help increase your monthly checks, it’s easy to overlook the impact of your marital status. Millions of retirees rely on Social Security benefits as a significant source of income, and maximizing these benefits can be critical. Social Security offers spousal and divorce benefits to those who qualify, even if they’re already…
Starting May 1, 2023, Homebuyers should know that mortgages will change next month. Freddie Mac and Fannie Mae loans funded loans will change. There are adjustments in upfront fees. Mortgage fees will change starting May 1, 2023 If you are about to buy a home, be informed that the mortgage fees will change starting…
Called the End Child Poverty Act, the proposal would replace the Child Tax Credit (CTC) with a universal benefit that provides families with $393 per month until the child reaches 18 years of age. A group of Democratic lawmakers has introduced a new bill that aims to combat child poverty in the United States The…
The plan aims to save trillions of dollars over the next decade by dismantling several federal government programs, including the Biden administration’s program that intends to cancel up to $20,000 of debt per borrower. Republicans in the United States have unveiled a plan to block President Biden’s student loan forgiveness program as part of their…
The Department of Education excluded the parent PLUS loan borrowers from the beneficiaries of the latest repayment plan overhaul. Parent PLUS Loan Borrowers Excluded from Relief The latest repayment plan overhaul will benefit student loan borrowers, aiming to reduce their monthly payments to half. Meanwhile, the 3.7 million parent PLUS loan borrowers will be excluded…