Tag: US Finance
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Getting to Know With The Advantages of Life Insurance. When Should You Get One?
In general, life insurance is required if other people rely on your income or if you have debt that will continue after your death. However, as you become older, life insurance becomes more expensive. That is why, in most cases, the younger you are when purchasing life insurance, the better, especially if you can lock…
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23 Lucrative Business Ideas In New York City That You Might Consider If You Are Planning To Establish Your Line of Business
Business is everything in New York. Dutch colonists established it as a trading center in 1624, and now it is home to one of the most prestigious stock exchanges in the world, making it possibly the business capital of the globe. The key to discovering the most profitable and well-suited New York City business…
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NBA All Star Giannis Antetokounmpo Hilariously Reacts to News of Co-All Star Anthony Davis $38M Tax Breakdown: “Who the Hell is FICA and Jock?”
Giannis Antetokounmpo is as humorous as they come, and he has dominated the NBA’s ‘dad joke’ space for many years. The Milwaukee Bucks superstar and two-time MVP has discovered a new target: NBA salary taxes. NBA all star Anthony Davis has made headlines yet again. This time, though, it is not for his $186,000,000 contract…
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The IRS aims for digital documents by 2025 filing tax season as part of their “paperless processing initiative”
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…
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A New Study Shows Rural New Yorkers Of Color Had The Highest Medical Debt
An Urban Institute study funded by the New York Health Foundation shows that almost half of New Yorkers have a $500 or more medical debt. The medical debt of the New Yorkers was highest in four upstate regions: the Mid-Hudson Valley, Mohawk Valley, Southern Tier, and the North Country. The study shows that the…
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Bidenomics 101: Is Economy Under Biden Administration Really Progressing?
The White House has spent much of the summer setting out its economic argument in speeches, appearances, and memos, all in preparation for Biden’s reelection effort in 2024. According to the president, Bidenomics 101 is about building the economy “from the middle out and bottom up” rather than top down. It is set in contrast to…
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New SAVE Student Loan Repayment Plan Launched By The Biden Administration. Here’s How To Enroll In SAVE
The Biden administration launched a beta application for its new student loan repayment plan, providing borrowers an early opportunity to join the program. The SAVE plan is an income-driven repayment program or IDR, that ties a borrower’s monthly payment to their income, lessening their financial load. However, IDRs have had several significant drawbacks, such as enabling interest…
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What Are Property Taxes? Take A Quick Visit On How Property Taxes Affect You
Many municipal governments rely heavily on property taxes as their principal source of funding. They are also a considerable annual expense for homeowners. Even if you have paid off your mortgage, you will receive a property tax bill. Your property tax assessment serves as the beginning point for that bill. You’ll have a better sense…
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Student loan forgiveness scams: MUST READ to avoid being scammed as the payment pause on student loans is coming to an end
The payment pause on student loans is coming to an end after more than three years of relief. The United States Department of Education just stated that student loan interest will restart on September 1st, with payments due in October. This student loan forgiveness news affects millions of Americans, providing scammers with a perfect chance. In fact,…
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Federal Student Loan Borrowers Worry About Missing Payment: Here’s Some Good News
Federal Student loan borrowers do not have to worry about late student payments on their credit reports. Here’s why. Federal Student Loan Borrowers Falling behind on loan payments could hurt their credit, but Federal Student Loan Borrowers might have some flexibility there Millions of Federal student loan borrowers were no doubt hoping to avail…