Category: USA
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Student Debt Amnesty Ends Soon: Tax on Forgiven Balances Resumes January 1, Eliminating $20,000 Relief
Student Debt Relief Ends as Tax on Forgiven Balances Resumes January 1 A key provision that temporarily exempted student loan forgiveness from taxation is set to sunset at the start of the…
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SALT Relief Increase: Cap Rises from $10,000 to $40,000—Potentially Saving You Over $2,000
IRS Announces Significant Increase in SALT Deduction Cap Limit, Potentially Saving Taxpayers Over $2,000 The Internal Revenue Service (IRS) has officially raised the cap on the State and Local Tax (SALT) deduction,…
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Tax ‘No Tips’ Rule Extended Through 2028 with a $25,000 Annual Cap You Can’t Overlook
Tax ‘No Tips’ Rule Extended Through 2028 with a $25,000 Annual Cap You Can’t Overlook The IRS has announced the extension of the temporary ‘No Tips’ rule, allowing employees in tipped industries…
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WIC Benefits Across States: Will Your $47 Pregnancy Support Continue During the Shutdown?
WIC Benefits Across States: Will Your $47 Pregnancy Support Continue During the Shutdown? As the federal government faces a partial shutdown, thousands of women relying on the Special Supplemental Nutrition Program for…
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Medicaid at Risk: CBO Warns Millions Could Lose Coverage Over Potential $1,000 Emergency Room Bills
Medicaid at Risk: CBO Warns Millions Could Lose Coverage Over Potential $1,000 Emergency Room Bills Millions of Americans enrolled in Medicaid face potential coverage disruptions as the Congressional Budget Office (CBO) projects…
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Safety Net at Risk: $185 Billion Cut to Food Assistance Threatens Your $546 Two-Person SNAP Benefits
Safety Net at Risk: $185 Billion Cut to Food Assistance Threatens Your $546 Two-Person SNAP Benefits A proposed federal budget reduction of $185 billion over the next decade threatens to reshape the…
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IRS Announces $22,500 Standard Deduction for Heads of Household in 2025, Up by $600
IRS Sets 2025 Standard Deduction for Heads of Household at $22,500, Marking a $600 Increase The Internal Revenue Service (IRS) has announced the standard deduction for heads of household will rise to…
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WaPo Analysis: Trump Tax Cut Not the Largest, but Families Could Save Up to $2,200 per Child
The recent analysis by The Washington Post reveals that while President Trump’s signature tax cut was not the largest in U.S. history, it still delivered significant benefits for American families. Notably, families…
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D.C. Halts $2 Tipped-Wage Increase, Potentially Costing Servers $4,160 Annually Compared to Original Plan
Washington D.C. Reverses Tipped-Wage Increase, Potentially Reducing Servers’ Annual Earnings by Over $4,000 Washington D.C. officials announced the suspension of a planned increase in the tipped minimum wage, a move that could…
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Shutdown Continues into Day Six as Federal Employees Face Zero Paychecks and $8 Billion WIC Assistance Dwindles
Shutdown Continues into Day Six as Federal Employees Face Zero Paychecks and $8 Billion WIC Assistance Dwindles The partial government shutdown enters its sixth day with no immediate resolution in sight, leaving…
Recent Posts
- Rising Wage Costs Force D.C. Restaurants to Close; One Venue Cites $60,000 Annual Increase—What’s Next for Prices?
- SNAP Benefit for Four People Is $994: Meal Plan Designed to Protect the Full Amount During EBT Disruptions
- PSLF Changes May Cost Teachers Over $10,000—Monitor Your 120 Payments Today
- Five-Trillion-Dollar Borrowing Cap Increase Approved and Its Potential Impact on Your 401(k)
- Tax Season Update: No Tips Tax Exemption Proposed—Estimate Your Potential $1,300 Increase
