By Beverly MoranThe Conversation More than 6 million Americans receive paper tax refund checks annually. Often, those refunds go to purchase groceries or pay the bills. But this year, those taxpayers may be surprised to learn that the paper check they’re waiting for no longer exists. That’s because of executive order 14247, which President Donald […]
Tag: Treasury Department
Posted inFinancials
The president’s last tax cuts failed Americans like me– let’s not repeat the mistake
Brakeyshia Samms is a senior analyst at the Institute on Taxation and Economic Policy. This week, she discusses why Black women often don’t see the benefits gained from tax cuts put in place by political leaders.
Posted inU.S. Government
Student loans in default to be referred to debt collection, Education Department says
Starting May 5, the Education Department will resume collections on federal student loans in default — including wage garnishment and withholding of government payments — ending a pause in enforcement that began during the COVID-19 pandemic. The move, announced by the current administration, affects over 5 million borrowers and has sparked criticism amid ongoing confusion and hardship caused by shifting student loan policies.