The financial news that actually matters
Covers tax deadlines, filing updates, government changes, and important financial calendar events. It ensures readers stay updated with time-sensitive financial requirements.
Tens of millions of taxpayers who paid penalties on returns filed between 2020 and 2023 could be owed refunds by the IRS, but they have just 34 days to act. The National Taxpayer Advocate has urged eligible filers to submit claims before a July 10 deadline, arguing that COVID-19 disaster relief rules effectively extended filing…
Taxpayers who paid failure-to-pay penalties on returns filed for tax years 2020 through 2023 could be owed refunds by the IRS, but the window to preserve those claims closes on July 10, 2026. The IRS Taxpayer Advocate Service has urged affected filers to submit formal or protective refund claims before that date, warning that the…
Virginia homeowners who owe money for hospital stays, surgeries, or emergency care will gain a direct shield against losing their property when the Medical Debt Protection Act takes effect on July 1, 2026. The law, written into Title 59.1, Chapter 59 of the Code of Virginia, strips creditors of the ability to place liens on…
Families who borrowed federal Parent PLUS loans face a hard deadline that is now less than four weeks away. By June 30, 2026, any Parent PLUS borrower who wants to keep access to income-driven repayment or Public Service Loan Forgiveness must have a Direct Consolidation Loan fully disbursed, not simply submitted as an application. After…
Mississippi taxpayers and businesses face a hard stop on June 8, 2026, when postponed federal filing and payment deadlines expire for returns originally due on or after January 23. The IRS granted the extension after a severe winter storm struck the state beginning January 23, 2026, and a presidential emergency declaration covered all 82 counties…
Millions of non-pregnant adults between 19 and 64 who receive Medicaid through expansion programs will need to document at least 80 hours per month of work, job training, or other approved activities to keep their coverage. The federal compliance deadline is January 1, 2027, but states can begin enforcing the requirement sooner. Nebraska has already…
Taxpayers who owe the IRS will face a lower interest charge starting this quarter. The agency dropped its standard underpayment rate to 6% for the second quarter of 2026, down from 7% in the first quarter. Large corporations, however, still pay a steeper penalty: their underpayment rate sits at 8%, two full percentage points above…
Federal student loan borrowers still enrolled in the SAVE plan face a hard deadline: servicers will begin issuing exit notices on July 1, 2026, giving each borrower 90 days to pick a different repayment option. Those who do not act will be automatically placed into Standard Repayment or a new Tiered Standard plan. With 26…
American homeowners paid a collective $396.8 billion in single-family property taxes last year, pushing the average annual bill to $4,427, roughly 3 percent higher than the prior year. That increase landed on top of already elevated housing costs, squeezing household budgets in regions where local governments depend most heavily on property-tax revenue to fund schools,…
U.S. citizens and resident aliens living outside the country have until June 15, 2026, to file their 2025 federal tax returns under the automatic two-month extension granted to qualifying expats. That deadline is now 10 days away, and anyone who misses it without requesting additional time risks late-filing penalties even though the standard April 15…