A tax cut worth $1 billion, which was passed by the Republican-controlled General Assembly last year, will be implemented on New Year’s Day. The state income tax rate for 2024 has been reduced to a flat 5.49%, down from the current 5.75%, as part of the phased-in tax cut. This reduction will continue each year,…
Two lucky individuals from Iowa are overjoyed after discovering that their scratch-off tickets have made them winners of significant prizes. Jaime Hakes from Lake Mills struck it big with a $250,000 win from the Iowa Lottery’s Payline scratch game. All it took was a $20 investment for him to hit the jackpot. Hakes purchased his…
Iowans will see an increase in their disposable income in 2024. The state will reduce its top marginal income tax rate from 6% to 5.7% starting on January 1, 2024. Governor Kim Reynolds indicated that further adjustments are possible when legislators meet in January. It is worth noting that the state closed fiscal year 2023…
In just four days, residents of California will receive the initial payment for January from CalFresh, the state’s Supplemental Nutrition Assistance Program. This payment, which can reach up to $1,751, will provide much-needed support for individuals and families. SNAP, a program that offers food assistance to individuals and families with low incomes, distributes benefits in…
A Surprise Turn of Luck in Bloomfield Valerie Musgrove, a 23-year-old woman from Bloomfield, southern Iowa, had a stroke of luck when she emerged as the fortunate recipient of a $20,000 prize from the Iowa Lottery’s “$20,000 Crossword” scratch game. From $2,000 to $20,000 Valerie was initially thrilled to believe that she had won $2,000….
Misuse of PPP Funds Results in Guilty Verdict for Attorney A federal jury in the Northern District of Georgia has recently convicted Shelitha Robertson, a Georgia attorney and former City of Atlanta police officer, for fraudulently obtaining more than $7 million in loans through the Paycheck Protection Program (PPP). During the trial, court documents and…
California —- The legalization of cannabis in California has sparked a burgeoning industry that is rapidly transforming the state’s economy. With a market estimated to be worth nearly $5.9 billion in 2023, California is the world’s largest cannabis market, accounting for roughly 20% of the global industry. This article delves into the economic impact of…
Starting in November, eligible taxpayers in the United States will receive financial relief through the Economic Impact Payment program. This program is designed to provide households with the necessary support during these challenging times. The Economic Impact Payments are not available in all states, and the qualifying requirements differ from state to state. Currently, the…
In the alarming video, the individual is thrown onto the pavement with fatal consequences as he desperately clings to the criminals’ fleeing vehicle. According to the Video Post A man lost his life on Wednesday in a disturbing incident that occurred in New York. As per the report by New York Post, the man tried…
Attention all Social Security beneficiaries! Starting in 2024, you can expect a boost in your payments. With inflation on the rise, over 66 million Social Security Income recipients will receive a 3.2% cost-of-living adjustment increase. This means that those who receive SSI can expect their first increased payment by the end of this year. Make…