South Africa Fuel Price Updates for December 2024: As December 2024 rolls in, South Africans face notable adjustments in fuel prices, with increases for petrol and LP gas and decreases for diesel. These shifts are shaped by global oil market trends, currency fluctuations, and local economic factors. This article delves into what these changes signify … Read more
SASSA Care Dependency Grant 2024: The South African Social Security Agency (SASSA) provides vital financial assistance to South Africa’s most vulnerable citizens through several programs. One such program is the SASSA Care Dependency Grant, designed to help caregivers of children with severe disabilities. As of 2024, eligible caregivers can receive a monthly payment of R2,180. … Read more
GIS Payment Date in December 2024: Looking forward to the Guaranteed Income Supplement (GIS) payment for December 2024? This essential benefit, provided by the Canadian government, helps low-income seniors receiving Old Age Security (OAS) maintain financial stability. Here’s everything you need to know about GIS payments, including the payment date, eligibility criteria, and how the … Read more
Minimum Wage Hike Across the USA in 2025: The year 2025 is set to bring significant changes to minimum wage laws across various U.S. states, impacting millions of workers and businesses. These adjustments aim to address income inequality, improve living standards, and keep up with inflation. Whether you’re an employee expecting a pay raise or … Read more
Cash App Class Action Settlement 2025 Claim Your Potential $2500: A significant financial opportunity is available for Cash App users as part of a $15 million settlement. This settlement addresses monetary losses and damages stemming from alleged security failures in safeguarding user data. Block, Inc. and Cash App Investing, while not admitting wrongdoing, have agreed … Read more
Canada Workers Benefit (CWB) 2024: The Canada Workers Benefit (CWB) for 2024 provides essential financial support to low-income workers across the country. Eligible single individuals can receive up to $1,518, while families may qualify for as much as $2,616. Payments are distributed quarterly, offering recipients much-needed financial relief throughout the year. Below, we’ll cover everything … Read more
Social Security Tax Limit to Rise by 4.4% in 2025: In 2025, the Social Security taxable wage base will increase by 4.4%, moving from $168,600 to $176,100. This adjustment is set to impact employees, employers, and self-employed individuals, particularly those with higher earnings. By understanding these changes, taxpayers can take proactive steps to manage their … Read more
IRS Revises 1099-K Reporting Guidelines for Third-Party Payments: The Internal Revenue Service (IRS) has announced changes to the 1099-K reporting thresholds for third-party payments, introducing a phased rollout to ease the adjustment process for taxpayers and Third-Party Settlement Organizations (TPSOs), such as payment apps and online marketplaces. This gradual approach is intended to simplify compliance … Read more