26 Jun, 2024
2 mins read

IRS Embraces the Digital Age: Transitioning to Paperless by 2025

Next filing season, the majority of taxpayers will be able to electronically submit a variety of tax-related paperwork and other communications to the IRS, as the agency seeks to go completely paperless by 2025. Treasury Secretary Janet Yellen as well as IRS Commissioner Daniel Werfel unveiled the “paperless processing initiative” on Wednesday in a move […]

3 mins read

Social Security SSI Payment Update: Consolidation of August Checks

Americans who rely on Supplemental Security Income (SSI) payments can expect a change in their payment schedule in August 2023. According to the Social Security Administration, SSI beneficiaries will receive one payment for the month instead of the usual two.  Tuesday, August 1st, is scheduled for the release of the funds. Two checks are going […]

3 mins read

Possible Medicare Premium Hike: Beneficiaries Brace for 2024 Increases

Medicare beneficiaries may be in for a financial jolt next year, as projected by The Senior Citizens League, a nonprofit organization advocating for senior issues. The organization estimates that Medicare Part B premiums could increase by approximately $15 per month in 2024, bringing the total monthly premium to around $179.80.  This comes after Medicare Trustees […]

2 mins read

Biden Unveils New Affordable Repayment Plan Application for Student Loan, SAVE

Borrowers of student loans are able to apply for what the Biden administration calls “the most affordable repayment plan in history.” The SAVE plan reduces monthly payments, offers speedier forgiveness for others, and prevents interest-driven balance growth. After the Supreme Court overturned loan forgiveness in June, this is one of the initiatives the Biden administration […]

2 mins read

Medicaid Restrictions: Pediatric Hospital Ceases Accepting Most New Patients

Beginning Tuesday, Nemours Children’s Health in Delaware will no longer serve the majority of new patients enrolled in New Jersey’s Medicaid managed care insurance program. The leaders of the renowned pediatric hospital will decline a $10 million state grant that legislators had hoped would convince them to remain in the network. Approximately 11,000 south Jersey […]

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Upcoming Stimulus Payments: States to Receive Funds in August 2023

The federal stimulus payments dispersed in 2020 and 2021 during the peak of the COVID-19 pandemic are a distant memory by 2023, when the pandemic emergency has ended. Nevertheless, many states issued their own tax reimbursements and other stimulus programs to assist households further. These States Are Eligible to Receive Stimulus Payments A few states […]

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Florida SNAP Benefits: August Distribution Set to Deliver $180 per Recipient in Single Day

Beneficiaries of the Supplemental Nutrition Assistance Program in Florida are able to expect their August payments on the first day of the month, with distribution continuing throughout the month. Every month, from the 1st to the 28th, recipients in the Sunshine State are given food stamps, a form of assistance that helps pay for food […]

2 mins read

NY Medicaid Budget Surpasses $100B Amid Migrant Crisis

Annually, New York’s public health insurance for the indigent surpasses $100 billion. The migrant crisis may lead to further growth. Based on New York budget estimates, the state’s Medicaid program presently enrolls 7.8 million residents at a staggering cost of $108 billion for 2023-24. This is nearly $10 billion more than the $99 million budget […]

2 mins read

Weatherization Rebates in Texas:How to Apply and Benefit

Texan resident with high home energy costs? Low-income, elderly, disabled, or with kids? Check Texas Weatherization Assistance Program (WAP) for energy-efficient home improvements. This Texas Weatherization Assistance Program is intended to help low-income elderly and disabled adults, along with families, weatherize their residences.  The program is administered via contracts with 21 non-profit organizations and local […]

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2023 Solar Savings in Nevada: Rebates, Incentives, and Tax Advantages

Due to its low average installation of solar panels costs and high solar energy utilization rates, Nevada is the second-best state for solar energy. If you’re prepared to make the transition in 2023, ongoing federal, state, and local incentives may reduce the cost further. The majority of incentive and rebate programs are authorized over a […]