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Tag Archives: inflation

IRS Amping Up Its Battle Against Tax Cheats

Wealthy Americans who choose to cheat on their taxes are facing the biggest threat from the IRS that they have seen in years. In recent weeks, we have seen increased efforts by certain members of Congress to put a stop … Continue reading

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Inflation Calming Down – October Numbers Better Than Anticipated

According to a report that was released earlier in November, the Consumer Price Index had a total rise of 7.7% for the year ending in October. This may be a relieving sign for Americans that have been suffering the consequences … Continue reading

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Is the 4% Rule Outdated in 2022?

The 4% Rule is a “Rule of Thumb” used by many people when it comes to retirement planning. Many experts, however, now say it needs an update in 2022. The idea behind the 4% rule is pretty simple, over your … Continue reading

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A Recession and Job Losses are Coming, Says Economists

2023 is forecasted to be a gloomy year for the nation, according to economists. As the Federal Reserve tries to bring down the immense levels of inflation we have seen over the summer, the economy is suffering and employers have … Continue reading

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Social Security Benefits Increase 8.7%, Highest Increase Since ‘81

The Social Security Administration (SSA) announced on Thursday that social security benefits will jump to 8.7% for 2023, which would be the largest increase in over 30 years. This comes at a time when inflation has been rising at astounding … Continue reading

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Retirees Can Expect a Larger Social Security Check in 2023. Now For the Bad News

The rising rates of inflation that are sweeping the country over the summer are expected to increase the 2023 Social Security cost of living adjustment, A.K.A. “COLA.” The percentage increase (8.7%) is the largest one in 40 years, … Continue reading

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Governor Hochul Announces Additional Relief For Low-Income New Yorkers

This past year has been tough on many New Yorkers as well as Americans across the country with the rapid increase in inflation. Additionally, with large increases in gas prices, fueling up took a toll on the wallets of … Continue reading

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Inflation Reduction Act – DSJ Breakdown

The Inflation Reduction Act was recently signed into law by the Biden Administration. The goal of this act is to build back an economy that is beneficial for all hard-working American families. There are several details incorporated into this bill … Continue reading

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U.S. Home Prices Hit Record Highs in June, Sales Continue to Slide

The housing market has been rapidly cooling down. This is due in part to the massive uptick in home prices, which have been seen nationwide, especially this past June. The average price of a home in June has reached a … Continue reading

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New York Law Makers Calling for a 2-Year Sales Tax Holiday

As the ongoing battle with inflation across the country continues, lawmakers are trying everything to slow its effects and provide some much-needed relief for consumers. This past Wednesday, New York State Republican lawmakers called for a 2-year tax holiday that … Continue reading

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