Central Valley Business Times

On January 4, 2025, President Joe Biden officially signed the Social Security Fairness Act into law. This landmark legislation marks the first major expansion of Social Security benefits in decades, directly impacting former public employees who were unfairly affected by previous reductions in their benefits. The act eliminates two long-criticized provisions: the Windfall Elimination Provision Continue reading

With rising fuel costs and increasing inflation, many Americans are eager to know if they will receive a Gas Stimulus Check 2025. This initiative aims to provide financial relief to low and moderate-income households struggling with gas and utility expenses. While no official confirmation has been made by the government yet, speculation regarding a $3200 Continue reading

As tax season approaches, many Coloradans are eagerly anticipating their Colorado TABOR refund 2025. With fluctuating refund amounts based on income levels, taxpayers are curious about how much they will receive and when they can expect their payments. This guide provides a detailed breakdown of everything you need to know about the Colorado TABOR refund Continue reading

The Additional Child Tax Credit 2025 (ACTC) is a refundable credit that provides financial assistance to eligible families with qualifying children. Unlike the standard Child Tax Credit (CTC), which only reduces tax liability, the ACTC allows taxpayers to claim a portion of their unused CTC as a refund. Families struggling with their tax burdens can Continue reading

The Virginia minimum wage increase 2025 has taken effect, bringing a much-needed boost to workers across the state. As of January 1, 2025, Virginia’s minimum wage has risen from $12 to $12.41 per hour, following the state’s scheduled wage adjustments. This increase is part of a broader national trend, with nearly half of the U.S. Continue reading

The Child Tax Credit (CTC) and Additional Child Tax Credit (ACTC) are essential tax credits available to individuals who claim a child as a dependent on their federal tax return. These credits help reduce tax liability and, in some cases, provide refundable tax benefits. Eligibility Criteria for CTC and ACTC To qualify for CTC/ACTC, the Continue reading

The Ohio Minimum Wage Increase 2025 is set to bring higher wages for thousands of workers across the state, ensuring pay keeps pace with inflation. As mandated by a constitutional amendment, Ohio’s minimum wage is adjusted annually to reflect changes in the cost of living. This change is significant for both employees and employers, impacting Continue reading

The Chapter 30 VA Benefits 2025, also known as the Montgomery GI Bill Active Duty (MGIB-AD), provides valuable financial assistance to veterans and service members pursuing education and training. This benefit supports those who have served in active duty for at least two years, offering financial aid for educational programs, vocational training, and more. The Continue reading

Veterans Disability Benefits play a crucial role in supporting military personnel who have suffered from disabilities due to their service. The Department of Veterans Affairs (VA) provides financial aid to eligible veterans, ensuring they can meet their necessities and maintain their quality of life despite medical challenges. In 2025, these benefits will increase, reflecting the Continue reading

Although years have passed since the last round of stimulus checks, the Internal Revenue Service (IRS) has confirmed that thousands of Americans may still qualify for a $1,400 payment. This unexpected financial relief is available to individuals who are not yet receiving Social Security benefits but meet specific eligibility criteria. This payment stems from the Continue reading