The loss of the federal EV tax credits may have been a huge blow to prospective buyers, but California wants to fill that gap for its residents. Governor…
Read more California’s governor plans to set aside $200 million for state EV tax creditsIt’s the first week of a new year for Congress, and each chamber is considering legislation with votes to watch on Thursday.Enhanced Health Care SubsidiesThe House of Representatives…
Read more House votes on health insurance subsidies as Senate debates military powersNEW YORK CITY, New York: Millions of Americans are beginning 2026 facing sharply higher health insurance bills after enhanced Affordable Care Act subsidies expired, locking in premium increases…
Read more Health coverage at risk as expanded ACA subsidies lapse nationwideThe cost of health insurance is set to surge for millions of Americans under the Affordable Care Act at the start of the new year without the extension…
Read more Five things to know about the Affordable Care Act enhanced subsidiesWhat is the GST/HST credit? The GST/HST credit is a tax-free quarterly payment issued by the Canada Revenue Agency (CRA). It’s meant to help lower- and middle-income Canadians…
Read more GST/HST credit payment dates: When to expect your money in 2025 – MoneySenseAt the core of the government shutdown is a debate about the extension of health insurance subsidies under the Affordable Care Act, first implemented in 2021.The shutdown began…
Read more Get the Facts: Health insurance expected to rise if tax credits expire amid government shutdownAs the government shutdown entered its third week, Democrats continued to withhold their support for a government funding bill unless Republicans agree to extend expiring Affordable Care Act…
Read more Florida is one of ‘hardest hit’ states if ACA credits expirePlunged into a government shutdown, the U.S. is confronting a fresh cycle of uncertainty after President Donald Trump and Congress failed to strike an agreement to keep government…
Read more Government shutdown begins as nation faces new period of uncertaintySenate Democrats have voted down a Republican bill to keep funding the government, putting it on a near-certain path to a shutdown after midnight Wednesday for the first…
Read more Senate adjourns after failed funding votes as government heads for shutdown at midnightAmong all the troublemaking members House Republican leaders have to deal with, Rep. Jen Kiggans isn’t on their list of problem children. That might be changing. A former…
Read more The House Republican risking GOP backlash to save Obamacare subsidiesPretty cool, right? But these advanced hearing aids are not cheap. They’re essentially driven by “mini computers,” and there are costs associated with customization, distribution and professional services,…
Read more Why is the cost of hearing aids so expensive in Canada? – MoneySenseCanada Pension Plan (CPP) deferral: CPP deferral is worth considering for any healthy senior in their 60s. If you live well into your 80s, you may collect more…
Read more Single, no pension? Here’s how to plan for retirement in Canada – MoneySense10 ways to use your tax refund How you choose to spend your tax refund will often boil down to your tax bracket and debt profile, Forward explains,…
Read more How long it takes to get your tax refund in Canada—and how to spend your refund – MoneySenseUnless taxpayers make a request, there are no withholding taxes on the minimum RRIF withdrawal. This can result in the Canada Revenue Agency (CRA) requesting quarterly tax installments…
Read more How to cope with the RRSP-to-RRIF deadline in your early 70s – MoneySenseThe credit lets home owners claim 15% of the renovation cost up to a maximum of $50,000, potentially allowing them to subtract as much as $7,500 from their…
Read more Tax changes to know about for 2023, from home offices to house flipping – MoneySenseConsidering a move to New Jersey while keeping your job in New York? This choice comes with several advantages. New Jersey offers a more affordable cost of living,…
Read more 15 Cities in New Jersey Close to New York City 2024: NYC CommutersMy income tax is due in a few weeks! I hate it. I’m pretty good at math, but I no longer prepare my own taxes. The form alone…
Read more Congress continues to make the tax code ridiculously hard to understandA tax deduction is often better than a tax credit because it reduces your taxable income. When you decrease your taxable income, you may save 15% to 54%…
Read more Work-from-home tax credit: What Canadians can claim for 2023 – MoneySenseBy David Shepardson WASHINGTON (Reuters) – Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including…
Read more More EVs lose US tax credits including Tesla Cybertruck, Nissan LeafReturn to top. Prepping your taxes, including the 2022 tax brackets Even if someone else does your taxes, you still have some prep to do. You will have…
Read more 2022 Income Tax Guide for Canadians: Deadlines, tax tips and more – MoneySense
