Category: Government Rebates and Payments

Short-Term Budget Deal Reached That Includes Back Pay Plus 1% 2014 Pay Raise for Government Workers and Pay Freeze For Congress

A short term budget deal has been reached and the government shutdown is over. The debt ceiling has also been raised which will allow the nation to pay its bills… Read more »

2014 SNAP (Food Stamp) Program Facing Billions in Spending Cuts as Farm Bill Debate Rages

[Updated November 2013]  Without an extension to the 2009 stimulus funding for the Food Stamp/SNAP program, millions of Americans who rely on this program are going to see a cut… Read more »

2013 Debt Ceiling Debate – Spending Cuts, Soaring Deficit, Tax Refund Delays and Political Theatrics

As I was writing this article I re-read my original pieces on the 2011 debt ceiling debate/deal and got a major sense of deja-vu. After 18 months we are back in the same place with… Read more »

2013 Tax Changes, Credits and Impacts You Need to Be Aware of When Filing Your Tax Return in 2014

[Updated for 2013-2014 tax filing season] Thanks to the so called fiscal cliff deal reached last year there were a number of impacts to taxes in 2013 which you need… Read more »

Payroll Tax Credit Holiday To Expire in 2013 Amongst Other Breaks in New White House Fiscal Cliff Impacts Report

[Updated following fiscal cliff deal] – Unfortunately it looks like the payroll tax credit will not be extended into 2013 under the new deal Congress and the Obama administration have reached. See… Read more »

2013 Unemployment Benefits Extension Approved

[2013 Unemployment Benefits Extension – January 2013 update] Congress and the Obama administration have reached an agreement that will extend federal unemployment insurance benefits (Emergency Unemployment Compensation) into 2013 following the latest round… Read more »

Will We Fall Off The Fiscal Cliff in 2013 – Impacts on Your Taxes and Finances

The Washington Post had two graphics that neatly summarize the impacts from the fiscal cliff. This is the number one topic in the world of finance and almost all Americans… Read more »

No Payroll Tax Credit Extension into 2013. See How Much Your Paycheck Will Drop With Higher Taxes

[Updated following latest fiscal cliff negotiations] The 2 percent cut in Americans’ payroll taxes, effective in 2011 and 2012, expired on December 31st 2012.  This stimulus driven tax credit did… Read more »