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Tax
How to claim the $7,500 IRS tax credit for purchasing an EV?
As an incentive to encourage the use of more energy-efficient automobiles and reduce dependency on fossil fuels, the IRS provides a tax credit for purchasing an electric vehicle. Electric vehicles have no emissions, which aids in the…
IRS: Your solution for tax relief and money problems
You may have contemplated hiring a debt relief or tax resolution company if you owe the IRS money due to unpaid taxes.
These organizations assist taxpayers with tax debt-related issues. While the industry as a whole has a negative…
Social Security COLA in 2024: Anticipated decrease as inflation subsides
Next year, Social Security recipients may receive a lower cost-of-living adjustment (COLA), according to new government inflation data.
The Consumer Price Index for All Urban Consumers, or CPI-U, increased 5% from a year ago and 0.1% in…
Stimulus Update: The Internal Revenue Service recommends that residents file amended tax returns
According to the Internal Revenue Service, early filers who received stimulus checks the prior year should consider updating their tax taxes right away. The IRS finds that affects a small number of the millions of residents in 21 states who…
Maximizing your finances: How to save money on student loan and taxes
Millions of Americans must file taxes by April 18. 40 million student loan borrowers find repayment, forgiveness, and taxes more confusing than ever.
However, there are strategies available to many individuals that can reduce their…
Stimulus Check Update: What you need to know about the latest funding proposals
During the COVID-19 pandemic, federal Stimulus checks dramatically reduced childhood poverty and helped families survive economically difficult times.
Representative Ilhan Omar is a member of The Squad, a powerful group of progressive…
Federal Disaster Areas in Alabama Receive Tax Filing Deadline Extension from IRS
The Alabama Department of Revenue will extend the tax filing deadline for storm victims in the federally declared disaster area for several months.
This is seen as a gesture of goodwill, an effort to give those affected by the January…
SNAP Benefits: What you need to know about the $20 cash benefit added to your SNAP EBT card
Many Californian households have mysteriously received a $20.01 cash deposit on their Electronic Benefit Transfer EBT cards as SNAP benefits.
The additional funds on their EBT cards are part of a one-time, annual heat-and-eat benefit for…