Tag: US Finance
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2023 Florida Sales Tax Holidays: Check out the tax-free back-to-school items
The Florida sales tax holidays start on Monday (July 24, 2023) and run through August 6. Keep this handy list of goods that are and are NOT tax-free for the next two weeks as you prepare to go to the shops. The next Florida sales tax holidays offer an opportunity, according to Bill Herrle, state executive director of the…
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Tennessee sales tax holiday is coming! Read for further updates
State Senator Steve Southerland is pushing folks to take advantage of the approaching Tennessee sales tax holiday. The annual Sales Tax-Free Weekend will begin on July 28, shortly before the start of the school year. Additionally, from August 1, the sales tax on groceries will be postponed for three months. The sales tax breaks are part of…
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More than 2300 staff positions in Houston Independent School District will be removed from the institution amid massive decline of student enrollment
The Houston Independent School District, Texas’ largest school system, is said to have cut over 2300 administrative employees due to a reduction in student enrolment. According to Houston Public Media [HPM], Houston Independent School District Superintendent Mike Miles announced during a virtual forum on Thursday the elimination of 2,347 employees or more than 20% of…
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Michael Cohen has settled his lawsuit against the Trump Organization over $1.9m in unpaid legal fees.
Michael Cohen, 56, filed a lawsuit against the corporation in 2019, stating that it stopped paying his expenses after he began helping with inquiries into its operations. The civil trial over the disagreement was scheduled to begin on Monday, with jurors being chosen and sworn in this week. On Friday, lawyers of Michael Cohen and…
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Rent stabilization bill has been passed by Montgomery Council on Tuesday evening
Rent stabilization will be permanent in Montgomery County. After hours of debate, the county council enacted measures to limit rent increases 7-4 on Tuesday. Annual rent increases will be limited to 3% plus inflation, to be capped at 6%. The measure failed 7-4 with votes against it coming from council members Gabe Albornoz (D-At-large), Andrew Friedson…
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Missouri sales tax will be waived in back-to-school sales tax holiday
Back-to-school consumers can take advantage of the Missouri sales tax cut. A new modification for Missouri’s annual back-to-school sales tax holiday this year will waive Missouri sales tax at both the state and local levels. Previously, towns could impose Missouri sales tax over this special weekend. The Missouri Legislature approved Senate Bill 153 in 2021, which eliminated…
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Biden Administration: Student Loan Debt of More Than 19, 000 Hoosiers Will be Forgiven
Under the Biden administration’s $39 billion debt relief plan, more than 19,000 Hoosiers who borrowed federal student loans will have their remaining debt forgiven. This is supported by the new US Department of Education data, which revealed the number of borrowers who qualified for automatic loan relief and was made public on Tuesday. The change is part of a…
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27.5% tax rate increase for fire department, Pasco’s budget director says.
Robert Goehrig, Pasco’s budget director, says the current tax rate is not sufficient to meet the department’s needs Pasco property owners will see a projected 27.5% tax rate increase in the fee they pay for Pasco County fire protection when they receive their preliminary tax notice in August. While the tax is only a minor…
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$39 billion student loan forgiveness plan of Biden administration might be a huge victory for 800, 000 borrowers.
The Biden administration announced on Friday that more than 800,000 borrowers with $39 billion in federal student loans would have their debt erased. The Department of Education said it will begin notifying borrowers today about the automatic discharge of their debt, which will take place in the coming weeks. The debt relief comes just two…
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$39 Billion New Student Forgiveness Plan by the Biden Administration. Check how to qualify.
When the Biden administration declared Friday that it will erase $39 billion in student debt for 804,000 students, many of them may have expected that the project would suffer the same destiny as the Supreme Court’s decision to kill the student loan forgiveness program last month. Experts on student loan forgiveness believe that this one…