An EIN is a 9-digit number that is assigned to employers, trusts, sole proprietors, corporations, partnerships, estates, certain individuals, and other entities for tax filing and reporting purposes. Interested individuals need to submit a Form SS-4 with valid details to the IRS to get a confirmation letter including EIN.  IRS SS-4 Confirmation Letter An SS-4 … Read more

$125,000 for married couples filing separately. Self-employed individuals are required to pay for both employee and employer portions, totaling 15.3% of their net income

The former Senate of Ohio and Vice-President Nominee, JD Vance has promised CTC expansion to $5000 from the current $2000 to support families in raising their children. The Child tax credit was one of the key issues that both the Democrats and Republicans discussed during their Presidential campaigns. 

The income brackets which require higher premium rates from individuals above 65 from high earners are discussed in this article.

The WASPI (Women Against State Pension Inequality) payments will provide financial relief to all women who were born between April 6, 1950, and April 5, 1960, and who were affected by the unexpected changes in the state pension age. The WASPI payment will be between £1,000 to £2,950. £2950 WASPI Payment The £2,950 WASPI payment … Read more

The defendant proposed to settle the case with a $15 million settlement fund, the court has preliminarily approved the settlement proposal. The claim form for eligible class members is out, people who wish to submit the claim should complete the process right away, as the claim deadline is three days away, 18 Nov 2024

As of the Congressional Research Service, almost 2.1 million individuals were affected by WEP, and 800,000 were impacted by GPO by December 2023. If this bill is implemented, then social security benefits expenditures are expected to raise almost $196 billion. 

LIf you are also one of such account holders who want to increase their savings, then it will definitely be best for you to use the best high savings account APYs. How do savings accounts work? What things should we pay attention to when we are opening an account? To get good information about the … Read more

After Trump won the US Presidential election there’s been a lot of speculation on tax reforms, economic changes, and many others. Among the speculations, another piece of news broke out that the Trump Administration is expected to end the Electric Vehicle tax credits. The Biden administration started the EV credit last year to encourage people to embrace the EV transition. 

The federal government offers eviction rental assistance to safeguard citizens with housing emergencies from facing potential eviction. US citizens can get assistance through the Emergency Rental Assistance Program and ensure financial assistance. People living in the US can check out the rental assistance and the emergency rental assistance program details here.  Eviction Rental Assistance The … Read more