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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…

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…

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…

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…

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…

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…

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…

The Division of Taxation in New Jersey has accepted online applications for the ANCHOR Program. The authorities are prepared to release the money into the recipients' bank accounts. If you have filed your application, you are also eligible…

The globe is confronting inflation, and middle-class individuals are finding it harder to manage their everyday costs as the cost of living rises. Citizens in the United States are waiting for the next $800 stimulus check payment in 2025,…

After evaluating internal data, the IRS discovered that many qualified individuals did not claim RRC credit on their 2021 tax returns. The IRS is issuing notices to qualified taxpayers to inform them that they have received this stimulus…