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As of 2017, the Tax Cuts and Jobs Act contributed to the over complication of tax filing. The statistics researched by the non-profit Prosperity Now proves VITA to be a relevant necessity in poverty reduction. Today, tax preparation remains a highly unregulated industry and around 60% of all taxpayers turn to a paid preparation service.
In 1935, President Franklin D. Roosevelt's administration proposed to Congress federal social relief programs and a federally sponsored retirement program. Congress followed by the passage of the 37 page Social Security Act, signed into law August 14, 1935 and "effective" by 1939—just as World War II began. This program was expanded several ...
Dodd encourages students who run into problems with filling out the FAFSA to reach out to their high school counselor or college counselor for help. Indiana families can also call INvestED’s ...
The Social Security Act of 1935 dictated welfare as a "layered system" in which five "layers" of income protection – ranging from private insurance, social insurance, and categorical assistance – acted to reduce the threats of poverty. Those that created the bill hoped that the act would create a dynamic that would not only reduce the ...
In May 2022, Indiana began sending out tax refunds of $125 for qualifying singles ($250 for joint filers). There was no income requirement, but residents were required to have filed both their ...
The state will issue final payments in March 2023 to those who file their returns on or before Feb. 15, thanks to the provisions of the disaster relief extension due to Hurricane Ian.
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