Anushka Jha 
The Internal Revenue Service (IRS) Child Tax Credit (CTC) is a federal program that provides financial support to qualifying families with children. This refundable tax credit helps reduce your tax bill or provides a refund, offering a much-needed financial boost to help with the rising costs of raising children. Here, you will find essential information … Read more
The Canadian Government has approved a $7,500 New Tax Credit to assist in the redevelopment of houses in rural or low-income households. This tax credit is designed to provide financial assistance to eligible individuals for home renovations, particularly benefiting families affected by rapid urbanization, newcomers, and refugees. Tax Credit The tax credit amount has been … Read more
The sensational news that seniors will receive $750 OAS benefits in August has sparked excitement among older citizens across Canada. They are eagerly anticipating these benefits to help them manage their living expenses. OAS Benefits Canadian seniors are eagerly awaiting the Old Age Security (OAS) payments in August. This pension plan, designed to support eligible … Read more
Millions of Supplemental Security Income (SSI) recipients are set to receive another SSI payment of up to $1,415 today. As August begins, the Social Security Administration (SSA) is rolling out monthly benefits to SSI recipients, retired workers, survivors, and disabled individuals according to their payment schedule. Schedule The first to receive their checks will be … Read more
Every month, the Social Security Administration (SSA) provides monthly benefits to millions of beneficiaries across the country. This ensures they have enough money to cover living expenses and keep pace with rising inflation. Tomorrow, retired workers and disabled people born in 1935 and who claimed their first Social Security payment before May 1997 will receive … Read more
The Centrelink Age Pension is a vital part of Australia’s social security system, designed to provide financial support to eligible older Australians after they reach retirement age. Here, you will find all the essential information regarding the Centrelink Age Pension Rates 2024, pension card benefits, and more. Rates The Age Pension payment aims to ensure … Read more
Baby boomers are bringing significant changes to Social Security, and if Congress and lawmakers don’t take action, current and future beneficiaries in the United States could be affected. While experts initially predicted that funds would run out to pay full benefits in 2034, the Social Security Administration (SSA) has updated their projection, extending the insolvency … Read more
This month brings surprising news for beneficiaries of the Supplemental Security Income (SSI) program, as over 100,000 people were removed from the program. According to SSA data, the number of people receiving SSI benefits decreased by 119,395 from May 2023 to May 2024. The SSI program aims to provide financial assistance to over 7 million … Read more
The Internal Revenue Service (IRS) has issued a critical warning to American taxpayers about fake information circulating regarding a non-existent ‘Self Employment Tax Credit.’ Released on July 15, 2024, this alert aims to prevent unsuspecting citizens from falling victim to misinformation spread on social media platforms. The IRS is particularly concerned that well-intentioned individuals may … Read more
If you’ve applied for Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) and were not approved, pay close attention to these new changes in the United States. The Social Security Administration (SSA) announced a significant update this summer that could help more people qualify for disability benefits. This change addresses a crucial aspect … Read more