The Internal Revenue Service is the federal agency in the U.S that is responsible for collecting taxes and enforcing the federal tax laws, which is further defined as audits. The IRS uses audits as a tool to promote voluntary compliance and to maintain the integrity of the tax system. The IRA audits help ensure that … Read more
An IRS audit is the review of an individual’s or organization’s accounts, books and financial records to ensure that the information reported on their tax return is accurate according to the tax laws. Your income level could considerably impact your chances of being audited. Generally, people with higher incomes are likely to be audited more … Read more
For millions of veterans across the United States, disability compensation plays a crucial role in their financial stability. Every year, the Department of Veterans Affairs (VA) provides an adjustment to VA disability compensation payments based on the Cost-of-Living Adjustment (COLA), which is determined by the Social Security Administration (SSA). These adjustments ensure that veterans’ benefits … Read more
As the United States government navigates a funding lapse beginning October 1, 2025, millions of Americans who depend on monthly benefits from the Social Security Administration (SSA) are understandably concerned about whether their checks will arrive on time. The good news: retirement, disability, and Supplemental Security Income (SSI) payments for November are on the calendar, so … Read more
The Social Security Fairness Act 2025 is a landmark piece of legislation that directly impacts millions of retirees, particularly those who have dedicated their careers to public service sectors like teaching, law enforcement, and firefighting. This Act addresses long-standing issues related to the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), which had … Read more
The Social Security full retirement age (FRA) is shifting again — and it’s reshaping when millions of Americans can claim their full benefits. Starting in 2025, those born in 1959 will see their FRA rise to 66 years and 10 months, just shy of the long-anticipated 67-year mark. Here’s what this means for your retirement … Read more
As the federal government shutdown stretches through October 2025, millions of low-income Americans face a troubling reality. This is because the Supplemental Nutrition Assistance Program (SNAP) benefits may not arrive in November. The U.S. Department of Agriculture (USDA), which oversees SNAP, has confirmed that without congressional action to approve funding for fiscal year 2026, it … Read more
In recent weeks, social platforms and online forums have been flooded with claims that the U.S. government will deposit $4,983 into citizens’ bank accounts this October. The idea of a large one-time “bonus payment” quickly gained traction among retirees, veterans, and low-income households already dealing with high living costs. However, there is no special or … Read more
The Consumer Financial Protection Bureau (CFPB) has finalized a $2 billion restitution order requiring Wells Fargo to compensate millions of customers wrongly charged between 2011 and 2022. Payments are automatic in 2025 — no forms or claims needed. Find out who qualifies, how much you’ll receive, and how to avoid settlement scams. Wells Fargo’s $2 … Read more
Social Security recipients across the U.S. are seeing talk of a $4,018 direct deposit in November 2025, but few realize what that number actually represents. The figure is real — yet it’s not a special one-time payment. Here’s the truth behind the $4,018 benefit, who qualifies, and when the November 2025 Social Security deposits will … Read more