DDN – Most Americans find the process of filing their taxes to be unenjoyable. For even those who find it somewhat easy, it still feels like a task to tackle. Despite any disdain you may have for the task of preparing your return, the moment the refund lands in your bank account is likely a...
Category: Finance
6 Ways Social Security Changes Could Affect Retirees Amid DOGE’s Audit
The Department of Government Efficiency (DOGE) is investigating the Social Security Administration (SSA) for instances of excessive spending, inappropriate payments, fraud, and inefficiency. While this is good news for government watchdogs looking to put a tighter control on federal spending, retirees should be aware of the potential consequences. “If DOGE introduces efficiency measures or cuts...
Retirement Planning for 2025: How to Time Your Social Security Claim
Deciding when to retire is a significant milestone for every worker, as it determines the Social Security benefits they will receive for the rest of their lives. It’s a decision that requires careful consideration of one’s financial standing, lifestyle preferences, and future plans. For many, reaching full retirement age prompts an important reassessment of their...
2025 Tax Credits: Actions That Could Cost You Valuable Deductions
Tax credits allow you to directly reduce the amount of taxes owed, as long as certain conditions are met during the fiscal year. The Internal Revenue Service (IRS) has updated the amounts and eligibility criteria for a number of federal benefits for individuals and families in 2025. This report describes the options available and the...
March 2025 Advance SSI Payment: Everything You Need to Know Right Now
The Social Security Administration (SSA) has announced that Supplemental Security Income (SSI) recipients will not receive their payments on March 1, 2025, because the day falls on a Saturday. Instead, the deposit will be moved forward to Friday, February 28. This adjustment ensures that funds arrive on time, regardless of the weekend. SSI is a...
SNAP Benefits in Florida: March 2025 Payment Dates and Maximum Amounts Explained
Low-income households in Florida receive food assistance through the Supplemental Nutrition Assistance Program (SNAP), which is administered at the federal level by the United States Department of Agriculture (USDA) and at the local level by the Department of Children and Families (DCF). This article discusses the March 2025 payment dates, maximum amounts, eligibility criteria, and...
Social Security Payments in March 2025: Schedule, Changes, and Retroactive Deposits for Eligible Beneficiaries
Social Security payments, which cover retirement, disability, and survivor benefits, are made monthly on a staggered schedule based on the beneficiary’s date of birth or certain special circumstances. Since June 1997, the Social Security Administration (SSA) has used this system to avoid congestion by assigning payments on specific dates: the third day of the month...
Requirements for Free Tax Filing Assistance When Submitting Returns to the IRS
Sending all of the tax return documentation to fulfil tax-related obligations is not the most enjoyable task for US citizens. However, it is recommended that you do so in order to avoid any issues related to IRS fines or penalties. And, while it is true that we may encounter difficulties when submitting our Tax Return...
U.S. Government Releases Final Schedule for Social Security, VA, SSI, and SSDI Payments for March & April 2025
The United States government has announced the official payment schedule for Social Security, as well as other assistance programs such as SSI, SSDI, and VA, for the months of March and April 2025. Knowing these dates in advance is critical for millions of beneficiaries who rely on these payments to meet their basic needs. These...
Elon Musk Proposes New $5,000 ‘DOGE Stimulus Checks’—What You Need to Know
In recent weeks, speculation has grown that the Department of Government Efficiency (DOGE), led by Elon Musk, may distribute $5,000 checks to American taxpayers. The proposal, reminiscent of the stimulus checks issued during the pandemic, seeks to return 20% of the agency’s savings to the public. The initiative, known as the “DOGE Dividend,” was proposed...