The Child Tax Credit is one of the credits the U.S. government makes available to low-income families with dependent children. The CTC looks to help families lower the liabilities or taxes they owe to the government. It is a non-refundable tax credit which means it can give a tax break to a citizen but cannot … Read more
The Grocery Rebate is a one-time payment and it supports low and middle-income families with additional financial assistance. The rising inflation and the cost of living make consumption products expensive and grocery products are affected. So to enable Canadians to afford groceries, the Canada Revenue Agency is offering Canada Grocery Rebate in October 2024. Read … Read more
The USA Housing Choice Voucher Program 2024 is a federal program and local Public Housing Agencies manage it. Individuals who are paying high rents and charges to afford a safe and comfortable housing facility will be able to utilise the housing choice voucher benefits. The Housing Choice Voucher program is also known as Section 8 … Read more
British Columbians have seen BC Rent Increase 2024 but the current trend of rent increases in BC will cool down in 2025. Renters are struggling to find an affordable housing facility due to rising rent prices. However, the BC administration has notified the landlords that the rent price increase in 2024 including utilities cannot go … Read more
The State Governments in the United States are responsible for assisting the unemployed citizens who are looking for work. Under this assistance, eligible citizens can claim USA Unemployment Insurance 2024. These payments are disbursed by the authorities on a weekly basis. The U.S. federal government does not play any role in providing benefits to the … Read more
During the Obama administration, the U.S. federal government implemented the Protecting Americans from Tax Hikes (PATH) Act. The PATH Act introduced 50 new tax credits as well as deductions and made several credits permanent. That included the Earned Income Tax Credits (EITC) and the Child Tax Credit (CTC). One of the major purposes of the … Read more
The Federal Fund rates or the Fed Interest Rates are among the most important interest rates in the United States. The Federal Open Market Committee (FOMC) of the Federal Reserve Board sets these rates in the United States.. The term Federal Interest Rates or Fund Rates refers to the rates the U.S. commercial banks pay … Read more
The Canada Grocery Rebate Bill C-46 received Royal Assent last year. The Bill endorses the financial needs of Canadians and enables them to have access to affordable lifestyles. The Grocery Rebate payment is a one-time payment and includes adult taxpayers, children of eligible couples, and seniors. To know more such as the latest details, Eligibility, … Read more
Unclaimed or Undelivered tax refunds are those refunds that are not received by their rightful owner. This can happen due to various reasons such as an error occurring while filing tax returns or the rightful owner of the refunds cannot be located, and many more. Hence, there are millions of citizens in the United States … Read more
The Democratic Party’s Candidate for the US President post, Kamala Harris has been stating in the open public debates that if voted to power she will start the stimulus payments that the Biden administration started in the late pandemic era. Though the previous stimulus payments ended in late 2021, Harris proposed that she will bring … Read more