The days of nation-wide stimulus checks in the United States have come to an end, but there are many states across the country who are looking to help citizens against the backdrop of increasing gas prices and a rise in inflation.
In our live blog this Tuesday, April 5, we will report on some of the benefits programs that have been introduced to provide a helping hand to Americans.
Children’s Health Insurance Program 2022: Eligibility and income limits for CHIP
Millions of people in the US are eligible for both Medicaid and the Children’s Health Insurance Program (CHIP), which provides them with free or low-cost health coverage.
The former is designed for families with very low income, but the latter corresponds to those who earn too much money to be eligible for Medicaid but can’t afford to get a private insurance.
Are you eligible? How can you apply? READ THE FULL ARTICLE HERE.
Inflation stimulus checks: Which states are planning to send them?
Federal and state legislation to send rebates or stimulus checks directly to Americans has been introduced.
However, unlike previous pandemic relief measures, these payments are much more targeted and have much lower dollar amounts. That isn’t because governments have become stingy. Instead, it’s about assisting Americans in weathering inflation without exacerbating it.
Several states have already passed legislation to provide tax breaks to their residents. CLICK HERE TO READ THE FULL LIST.
What benefits can undocumented immigrants get?
The contribution of thousands of foreign nationals who each year choose to live in the United States and work in various jobs that contribute to the country’s economic growth is recognized by the authorities through access to various support programs that enable them to get ahead.
However, not all individuals who apply for support are eligible, as their immigration or undocumented status often makes a difference.
Read more about the benefits undocumented immigrants can get.
Medicare Sequestration 2022
Changes to Medicare funding will be coming into force soon and these will have ranging implications for healthcare providers. The Medicare sequestrations are designed to save money by reducing government spending. Sequestration actually began back in 2013, but was suspended from April 2020 until December 2021, meaning it’s time to think about it properly again.
The good news for beneficiaries, however, is that the spending cuts should not in any way impact users of Medicare services and coverage. The impact on services and beneficiaries should be minimal.
Read more here about Medicare Sequestration 2022.
Pandemic EBT (P-EBT) program
After the COVID-19 pandemic resulted in schools being closed across the USA in 2020, the Pandemic EBT (P-EBT) program was set up to help low-income families when it came to buying groceries.
Given that children were now at home, there was an increased onus on parents to have to spend out their own money on more groceries, so this P-EBT program looked to aid those that needed a helping hand.
Read more here about the Pandemic EBT (P-EBT) program.
IRS: How to reach a real person
When it comes to trying to get through to the Internal Revenue Service (IRS), sometimes you will find that you spend so long on the phone that you end up giving up.
Well, often you can get through to someone a lot quicker if you phone through to a specific department.
Read more here about how to reach a real person at the IRS.
Are solar panels tax deductible?
If you have recently had solar panels installed on your home, you are likely to be able to get a reduction in the amount of income tax you owe.
Many Americans are already looking to make their homes more sustainable by installing solar panels, so this tax advantage is a little extra benefit.
Read more here about the question of are solar panels tax deductible.
Child and Dependent Care Credit
It is not cheap to have children, with plenty of Americans finding that a large chunk of their employment income is having to go on their kids, but there is financial support available in the form of the Child and Dependent Care Credit.
This tax credit is on offer for any parents who have to pay someone to look after a child under the age of 13, as they have to go to work. Additionally, the credit also applies to a spouse or dependent of any age that is incapable of self-care.
Read more here about the Child and Dependent Care Credit.
Georgia tax rebate refund
The budget surplus in the state of Georgia has led to Gov. Brian Kemp deciding to sign the House Bill 1302, which has given the green light for a one-time payment to be made to those who filed income tax returns in the 2020 and 2021 tax years.
For anyone who is single, or those who are married but filing separately, there is a 250 dollar check that will be sent. For the head of household the payment will be 375 dollars, and for couples who are married and filing jointly they can expect to receive 500 dollars.
Read more here about the Georgia tax rebate refund.