Breaking US News Today

The U.S. Department of Agriculture (USDA) recently announced an increase in the maximum benefits for families enrolled in the Supplemental Nutrition Assistance Program (SNAP). For families of five, the maximum monthly benefit will now rise to $1,183, reflecting the latest cost-of-living adjustments (COLA). This change is part of the USDA’s ongoing efforts to address food…

As the tax season approaches, the Internal Revenue Service (IRS) has announced significant changes to the W-2 forms for 2025, aimed at simplifying the filing process and reducing errors for last-minute filers. With new codes and updated guidelines, taxpayers must adapt to ensure accurate reporting of income and benefits. This year, a focus on clarity…

Married couples will see significant financial relief starting in 2025, as the IRS has announced a new $30,000 deduction aimed at easing tax burdens for dual-income households. This change is expected to save couples approximately $3,300 at an 11% marginal tax rate, providing a substantial boost to family finances during a time of economic uncertainty….

The recent announcement regarding student loan repayments has sent shockwaves through the financial landscape, with millions of borrowers facing an unprecedented increase in their monthly payments. As the federal student loan payment pause comes to an end, many individuals may find themselves grappling with an average increase of $400 per month in their repayment obligations….

Former President Donald Trump’s recent tax policy, which eliminates taxation on tips, has sparked discussions among service industry workers and tax experts alike. This initiative allows eligible workers to deduct up to $25,000 from their taxable income, potentially increasing their take-home pay significantly. For many employees in hospitality and service sectors, where tipping is a…

As families across the United States grapple with rising food costs, the Supplemental Nutrition Assistance Program (SNAP) has become a vital resource for many households. For families of six, it is possible to receive over $1,421 in monthly benefits. However, recent delays in processing applications and renewals have raised concerns about accessibility. Understanding how to…

In a significant shift aimed at addressing rising student debt, new regulations will impose a $20,500 annual limit on federal loans for college graduates, capped at $100,000 over a lifetime. This policy change, announced by the Department of Education, is designed to streamline borrowing and encourage responsible financial planning among students. The new caps come…

A new meal planning initiative has emerged as a crucial resource for families relying on the Supplemental Nutrition Assistance Program (SNAP). This program aims to safeguard nearly $994 in monthly benefits for a family of four, especially amidst growing concerns over potential disruptions to Electronic Benefits Transfer (EBT) systems. As EBT technology becomes increasingly vulnerable…

Hawaii has announced a significant increase in its Supplemental Nutrition Assistance Program (SNAP) benefits for families, with a family of three now eligible to receive $1,334 per month. This amount surpasses the national average by $349, highlighting the unique economic challenges faced by residents of the Aloha State. The increase, effective immediately, aims to address…

A potential increase in the SALT cap from $10,000 to $40,000 could mean a substantial financial advantage for suburban homeowners across the United States. The State and Local Tax (SALT) deduction, which allows taxpayers to deduct state and local taxes from their federal taxable income, has been a point of contention since its cap was…