The tax landscape can often seem daunting, particularly during the deadline crunch. In 2023, the federal income tax deadline fell on April 15, which came with significant implications for those who found themselves unable to meet this date. Understanding tax extensions, penalties, and available repayment options can turn what feels like a Sisyphean task into
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For many consumers, receiving a medical bill can feel like navigating a labyrinthine financial maze. These seemingly rigid figures, often linked to complex healthcare procedures, are frequently perceived as unchangeable. However, a recent study by the University of Southern California sheds light on the potential for patients to negotiate and dispute charges, revealing a landscape
On a momentous Friday, the Federal Trade Commission (FTC) took a significant step towards addressing the escalating insulin prices that have plagued many Americans for years. The FTC filed a lawsuit against three giant players in the pharmacy benefit manager (PBM) sector: UnitedHealth Group’s Optum Rx, CVS Health’s Caremark, and Cigna’s Express Scripts. These entities,
The U.S. Federal Reserve (Fed) is on the brink of initiating a cycle of interest rate reductions deemed relatively modest by historical standards, according to a recent analysis from Fitch Ratings. The forecast, set against a backdrop of economic indicators and inflation challenges, seems to encapsulate a cautious approach by the Fed as it navigates
The IRS is currently in the process of developing plans to avoid increasing audits for taxpayers earning less than $400,000 annually. However, certain aspects of your tax return can still trigger scrutiny, irrespective of your income level, according to experts. The Treasury Inspector General for Tax Administration (TIGTA) recently reported that the IRS has only
Boeing’s Starliner capsule, known as “Calypso,” recently undocked from the International Space Station after months of delays. Originally meant to depart sooner, the spacecraft left the ISS without the two astronauts it had brought to orbit in early June. NASA test pilots Butch Wilmore and Suni Williams will now remain at the ISS until February,
The landscape of cannabis consumption has undergone a significant transformation, with legal avenues for cannabis consumption now infiltrating the luxury market on Fifth Avenue in New York City. The legalization of adult-use marijuana in New York State has paved the way for licensed dispensaries to flourish, with sales exceeding $100 million last year. Shoppers can
The Social Security Administration is currently grappling with a monumental backlog of open cases, which has resulted in an estimated $1.1 billion in improper payments to beneficiaries. This crisis, highlighted in a recent report from the SSA Office of the Inspector General, has shed light on the inefficiencies plaguing the agency‘s operations and programs. The
The Biden administration’s new affordable repayment plan, known as SAVE, is facing significant legal challenges that are putting the program on hold. Republican-led states have sued the U.S. Department of Education, arguing that the agency overstepped its authority in implementing the plan. These legal battles could potentially delay the program for months or even longer,
The Biden administration’s new relief program called the Saving on a Valuable Education Plan (SAVE) has put federal student loan payments on hold for millions of borrowers. This move by the U.S. Department of Education has sparked a legal battle that has left many borrowers in limbo. What is SAVE? SAVE is an income-driven repayment