2024 Tax Season: The 2024 tax season officially began on January 29th, 2024, as planned, contrary to the delayed start in your previous article. You can now file your federal individual tax returns. Inflation Reduction Act Implementation: The IRS is actively working to implement the Inflation Reduction Act, which includes several tax changes for individuals and businesses. This includes increased funding for IRS operations and efforts to improve taxpayer services. Million Dollar Tax Gap Initiative: The IRS continues its efforts to close the "Tax Gap," the difference between taxes owed a ..read more

1. Tax season officially kicks off! The IRS began accepting and processing 2023 tax returns on Monday, January 29, 2024. This means you can now file your return electronically or by mail. 2. IRS continues to make improvements. The IRS is committed to making filing your taxes easier and faster. This year, they have made several improvements, including: Enhanced online tools: The IRS has made improvements to their online filing tools, making it easier to file your return electronically. Faster processing times: The IRS is working to process returns faster than ever before.  ..read more

Tax season – that dreaded phrase that sends shivers down spines and sparks panic in hearts. But fear not, intrepid taxpayer! This guide will serve as your trusty shield and torch, illuminating the path through the IRS labyrinth and leaving you feeling empowered, not overwhelmed. First things first: Do you NEED to file? The IRS isn't out to get everyone. Before diving headfirst into forms, use their handy "Do I Need to File?" tool to see if you're off the hook. Okay, you're in. Now what? Gather your documents! W-2s, 1099s, receipts for deductions – anything that whispers, "Tax me!" Organize the ..read more

Student loan debt is a major financial burden for millions of Americans. In 2023, the total outstanding student loan debt in the United States exceeded $1.6 trillion. The average student loan borrower owes over $37,000. Student loan payments can be a significant financial strain, especially for recent graduates who are just starting their careers. However, there are a number of things that borrowers can do to make their payments more affordable and manage their debt more effectively. When do student loan payments start? Student loan payments typically start 6 months after you graduate, leave ..read more

Image of Domino's Student Loan Pizza Student loan debt is a major burden for millions of Americans. It can make it difficult to buy a home, start a business, and save for retirement. Domino's Pizza is offering a helping hand to students with its Student Loan Pizza promotion. Overview of the Promotion The Domino's Student Loan Pizza promotion allows students to get a free medium two-topping pizza when they spend $7.99 or more on a digital order. To get a free pizza, students must create an account on the Domino's website or app and enter their student loan information. They will then receive a ..read more

The Student Loan Interest Elimination Act is a proposed bill that would reduce or eliminate interest rates on federal student loans. The bill was introduced in the House of Representatives in July 2023 by Rep. Joe Courtney (D-CT) and in the Senate by Sen. Peter Welch (D-VT). Background on the Student Loan Crisis The student loan crisis in the United States has reached unprecedented levels, with over 43 million Americans owing a combined total of over $1.6 trillion in student loan debt. This debt burden is having a significant impact on borrowers, making it difficult to buy homes, start busine ..read more

Applying for federal student loans can be a daunting task, but it is important to understand the process and requirements in order to get the financial assistance you need to pay for college. This blog post will provide a comprehensive guide on how to apply for federal student loans, including information on the different types of loans available, eligibility criteria, the application process, and tips for responsible borrowing. What are Federal Student Loans? Federal student loans are loans made by the U.S. government to help students pay for college. They offer a number of benefits over oth ..read more

A student loan is a type of loan that is specifically designed to help students pay for college expenses. Student loans can be used to cover the cost of tuition, fees, books, supplies, living expenses, and other qualified education expenses. Education is essential for success in today's economy, but the cost of college has been rising steadily in recent years. This has made it increasingly difficult for students to afford a higher education without taking out student loans. Student loans can be a great way to finance your education, but it is important to understand the different types of stu ..read more

Federal student loan forgiveness is a critical tool for helping borrowers repay their loans and achieve financial stability. As of 2023, over 43 million Americans have federal student loan debt, totaling over $1.6 trillion. This debt crisis has made it difficult for borrowers to buy homes, start businesses, and save for retirement. The purpose of this blog post is to provide guidance on how to get federal student loans forgiven. We will discuss the different types of federal student loan forgiveness programs available, eligibility criteria, and application processes. Types of Federal Student ..read more

Globally, the United States maintains its incarceration supremacy with more than two million individuals confined in correctional facilities or jails. However, efforts to reform the criminal justice system and decrease mass incarceration are on the rise. The following developments are anticipated in criminal justice reform in the United States in 2023: Ongoing transition away from stringent sentencing practices. There has been an increasing societal demand in recent years to diminish the implementation of mandatory minimum sentences and other stringent sentencing practices. This trend is exp ..read more