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Finance

Don’t Miss Out! How to Use IRS Free File to Claim Big Tax Credits in 2025

Subhashree Jan 14, 2025
As tax season rolls around, millions of Americans are looking for ways to maximize their refunds without spending a dime on tax preparation. The IRS Free File program offers just that a no-cost, hassle-free solution for filing your taxes…
Finance

Supreme Court Takes on $17 Billion Loan Relief – Should Borrowers Be Worried?

Subhashree Jan 14, 2025
Washington, D.C. – The U.S. Supreme Court has decided to review a policy from President Joe Biden’s administration that canceled $17 billion in student loans for borrowers who claim they were misled by their colleges. This decision has…
Finance

New York’s Child Tax Credit Is Getting a Major Upgrade—Check Your Eligibility Now!

Subhashree Jan 14, 2025
New York families could soon see significant financial relief under a newly proposed expansion of the state’s Child Tax Credit. Governor Kathy Hochul announced plans to boost the credit, offering up to $1,000 per child under four and $500…
Finance

IRS Alerts: Millions Set to Receive Surprise Stimulus Payouts – Could You Be Next?

Subhashree Jan 14, 2025
The IRS has announced a new initiative to send out automatic payments to roughly one million taxpayers who missed claiming their Recovery Rebate Credit on their 2021 tax returns. This program aims to ensure that eligible individuals who did…
Finance

Retiring Soon? These 9 States Tax Social Security—Plan Ahead!

Subhashree Jan 14, 2025
Planning for retirement involves many decisions, and understanding how your Social Security benefits are taxed is one of the most important. While most U.S. states do not tax Social Security benefits, nine states currently do, each with its…
Finance

Haven’t Filed for Your Stimulus? IRS Has You Covered – Here’s What to Know

Subhashree Jan 14, 2025
The IRS has announced it will begin sending automatic stimulus payments to approximately 1 million eligible taxpayers by the end of January. These payments are for individuals who missed claiming the Recovery Rebate Credit on their 2021 tax…
Finance

IRS Announces Big Changes for 2025 Tax Season – Don’t Miss Out!

Subhashree Jan 14, 2025
Taxpayers, get ready! The Internal Revenue Service (IRS) has announced that the 2025 tax season will officially begin on Monday, January 27. This means you can start filing your 2024 tax returns from this date, with the filing deadline set…
U.S. News

Medicaid Expansion Under Biden Faces Uncertainty with Potential Trump Return

Aradhana Jha Jan 13, 2025
Under President Joe Biden’s administration, the United States witnessed a historic expansion in healthcare coverage. Enrollment in Medicaid, the government’shealth insurance program for low-income and disabled individuals, reached a record…
Finance

Can parent PLUS loans be transferred to students? Here’s what you should do

Jammuna Jan 13, 2025
Parent PLUS loans, given by the United States Department of Education, assist parents in financing their child's education by paying expenditures not covered by other financial aid. But what if a parent wants to pass financial obligation to…
Finance

How do you utilize the IRS Free File system to collect tax credits if you are eligible by 2025?

Jammuna Jan 13, 2025
The Internal Revenue Service (IRS) has stated that when tax season begins in late January, taxpayers will have access to guided software known as Free File. The software has been accessible since January 10 to receive individual tax…
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