The shift to remote work has changed more than just office locations, it is also complicating tax season for many. With a significant increase in Americans working from their living rooms, kitchens, and home offices, some employees are now facing the tax codes of multiple states. The Remote Work Rise When the pandemic hit, work […]
Finance
New Tax Package to Keep American Families Afloat and Businesses Competitive – But Is It Enough?
The U.S. House of Representatives recently passed a landmark tax package, delivering a significant policy shift aimed at supporting American families and businesses. A $78 Billion Package The Tax Relief for American Families and Workers Act of 2024, valued at $78 billion, will provide extensive support through expanded child tax credits and revived business […]
San Francisco Taxpayers Resist Funding ‘Guaranteed Income for Trans People’
Judicial Watch reveals that San Francisco directs tax dollars towards black and Latino transgender individuals through its “Guaranteed Income for Trans People” (GIFT) program, offering unrestricted financial support. What Is the Gift Program? The GIFT program was set up to provide financial support to those who identify as transgender and extremely low-income (<30% of Area […]
Arizona Senate Weighs Mandatory Financial Education to Counter Future Financial Challenges
Arizona is considering adding a compulsory semester of financial education in public schools, but some state representatives are skeptical of the new proposal. New Education Bill Proposed A new bill, Senate Bill 1058, was passed by the Senate Education Committee on Wednesday. It was voted in by 6-1, but if it makes it to the […]
Solving the Wealth Gap Isn’t Just About Money – It Could Literally Add Years to American Lives
Recent studies have been focusing on a potential link between wealth and life expectancy, revealing a troubling reality about the wealth gap in the U.S. Wealth and Life Expectancy Disparities Scientists revealed that addressing wealth inequality in the U.S. could improve the average American’s life expectancy. U.S. Lagging in Life Expectancy The U.S. life expectancy […]
Millennials and Gen Xers Face Growing Burden of Elder Care Crisis
Millennials and Gen Xers are increasingly joining the “Sandwich Generation,” caring for both children and aging parents. The demands of elder care, including the staggering $522 billion in unpaid services annually, highlight a growing crisis in America’s long-term care system. Economic and Mental Strain The necessity for long-term care among the elderly is straining both […]
Advertising Firm Publicis Settles for $350 Million Over OxyContin Ads, Denies Wrongdoing
Publicis, the advertising firm used by Purdue Pharma to falsely advertise OxyContin, has reached a historic $350 million settlement, and it needs to be paid right now. Landmark Resolution for Publicis Publicis played a major role in advertising the sale of OxyContin for Purdue Pharma before millions became addicted to the drug, causing a severe […]
Maximize Your Tax Refund: IRS Introduces 2023 Filing Checklist to Streamline Tax Preparation and Avoid Audits
As tax season approaches, the Internal Revenue Service (IRS) has introduced a checklist designed to make the tax filing process easier for 2023 returns. The checklist includes a mix of traditional preparation tips and provides new technological aids. The IRS’s updated guidance follows the country’s tax authority’s increased scrutiny of taxpayers with more audits. Preparation […]
Economists Predict Mortgage Rate Dip in 2024 – Is There Hope for Homebuyers?
As the new year brings a swathe of new economic data and predictions, economists are making their call on the interest rates, with forecasts pointing towards a bit of a reprieve for mortgage holders. The impact of these changes on both homebuyers and sellers could be significant, and household budgets may get to enjoy a […]
World’s Poorest Lose $1.5 Trillion as Top 5 Billionaires Double Wealth in 2023 – Calls Rise for Fair Share
A report from the charity Oxfam revealed that the world’s top five billionaires doubled their wealth in the same time it took for the world’s poorest 60% to lose a combined $1.5 trillion. Wealth Disparity Unveiled Oxfam’s report reveals that the world’s five wealthiest individuals have increased their wealth by over 200% to $869 billion […]