The 2024 tax season has officially begun, and millions of Americans are preparing to file their tax returns. The Internal Revenue Service (IRS) will be accepting and processing tax returns from January 27 to April 15, 2024. While tax filing is primarily about reporting your income to the government, it also provides an opportunity to … Read more
President Donald Trump has issued a freeze on all federal assistance loans and grants, causing confusion about which programs are affected. This move follows a memorandum from the Office of Management and Budget (OMB) instructing federal agencies to review their financial assistance programs. While some programs may be impacted, others, like food assistance programs SNAP … Read more
The decision by President Donald Trump’s administration to freeze federal funding has raised serious concerns in Colorado. On Monday, the Office of Management and Budget (OMB) released a memo announcing the freeze on most federal financial assistance programs. The freeze, which includes grants and loans, does not affect Medicare and Social Security payments, but it … Read more
In January 2025, California residents and businesses affected by the destructive wildfires and straight-line winds that began on January 7th were granted relief by both state and federal authorities. This relief, provided in the form of tax extensions, penalty waivers, and other financial assistance, aims to ease the burden on individuals and businesses struggling to … Read more
Millions of Americans are about to receive automatic stimulus payments from the IRS. If you didn’t receive one or more stimulus checks during the COVID-19 pandemic, you might be eligible for up to $1,400 without having to do anything. Here’s all you need to know about this upcoming payment. What Is This Payment? The IRS … Read more
Veterans who have served the country and are living with disabilities may qualify for financial help through VA Disability Benefits. These benefits are crucial for veterans facing physical or mental health challenges, as they can help cover living and healthcare expenses. In this article, we will discuss everything you need to know about the VA … Read more
A recent rumor spreading across social media has stirred up confusion, suggesting that former U.S. President Donald Trump passed a new law that prevents child support recipients from claiming their children on tax returns. This claim has generated significant attention, particularly after a popular TikTok video by William Elston, which falsely stated that Trump had … Read more
Veterans who have sacrificed for the country deserve the support of the government. One of the key benefits they receive is VA disability benefits, which are offered to veterans who have become disabled due to their military service. These benefits provide financial relief and support for those who need it the most. If you are … Read more
Social Security benefits play a vital role in the financial security of millions of Americans. As 2025 begins, beneficiaries will see some important changes, including a 2.5% cost-of-living adjustment (COLA), updated payment schedules, and varying state benefit levels. This guide explains everything you need to know about Social Security and Supplemental Security Income (SSI) payments … Read more
Tax season can feel overwhelming, especially with the rising costs of professional tax preparation. To help taxpayers save money, the IRS has expanded its Direct File program, allowing individuals in select states to file federal taxes for free. This initiative aims to make tax filing easier and more affordable. However, the program has sparked debates … Read more