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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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, … Read more
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 … Read more