Author: Elizabeth Blessing
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Treasury has proposed making taxpayers swear under penalty of perjury before a refundable credit is paid out
Two federal agencies have proposed making taxpayers sign a new perjury declaration before they can collect the refundable portion of four common tax credits, tying eligibility for that money to citizenship or immigration status for what would be the first time inside the individual tax code. The rule is not in effect, and no return…
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The federal cushion on Medicare drug plan premiums ends after December
A federal program built to keep Medicare drug plan premiums from swinging wildly is being shut down, and CMS made the announcement in the same release where it published a 2027 figure that’s easy to mistake for an actual bill. The program is the Part D Premium Stabilization Demonstration; the figure is the $41.33 “base…
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Extension filers have until October 15, and a return more than 60 days late carries a minimum $525 penalty
Roughly 19 million taxpayers asked the IRS for extra time to file their 2025 return this year, and that borrowed time runs out on October 15. For most of them the stakes are more than a scolding letter — a return that arrives more than 60 days after that date now triggers a minimum penalty…
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USDA is appealing the ruling that threw out food stamp soda bans in five states
The U.S. Department of Agriculture has taken its fight over food stamp restrictions on soda and candy to a federal appeals court, roughly three months after a district judge vacated the program in five states. The appeal doesn’t change what SNAP shoppers can buy anywhere today, but it does keep the underlying legal question —…
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The food stamp parent exemption now stops when a child turns 14
Turning 14 used to have no bearing on a parent’s food stamp eligibility. Now it marks the exact birthday when a parent who is otherwise required to work can lose the exemption that used to keep them off the three-month SNAP time limit. The One Big Beautiful Bill Act narrowed the exception for a parent…
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The heating-bill assistance program starts its new year October 1 with no money appropriated and a White House proposal to end it
The federal program that helps millions of lower-income households cover winter heating bills opens its new grant year on October 1 without a single dollar appropriated to run it. That gap sits next to a separate fact reported this year by the grant recipients and trade groups that track the program closely: the administration’s budget…
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Forty-three states must start checking Medicaid work hours January 1, and a noncompliance notice gives 30 days to answer
Starting January 1, 2027, most states running Medicaid will have to verify that certain adult enrollees are working, training, volunteering, or otherwise staying active for a set number of hours each month before they can keep their coverage. The requirement comes from an interim final rule the Centers for Medicare & Medicaid Services issued on…
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The second of the three inflation readings that set next year’s Social Security raise publishes Friday morning
Retirees waiting to see how much bigger their Social Security check might get in January are getting only the second of three pieces of data this morning. The Bureau of Labor Statistics is scheduled to publish the August Consumer Price Index at 8:30 a.m. Eastern on Friday, September 11 — one of three monthly inflation…
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Health systems dropping Medicare Advantage contracts reached 29 by September 4
Becker’s Hospital Review counted 29 health systems that have dropped or are set to drop Medicare Advantage contracts in 2026, an update the trade publication posted on September 4. The number matters less as a single statistic than as a signal: providers and insurers are still fighting over Medicare Advantage terms well into the year,…
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Certain Canadian dairy and alcoholic beverages will be barred from entering the United States on September 29
Canadian cheese, butter, and a range of Canadian beer, wine, and spirits are set to disappear from the list of goods U.S. importers can legally bring in, once a White House order takes effect at the end of the month. The change follows months of escalating tariff action between Washington and Ottawa, and it means…
