Personal Finance Archives - Page 7 of 9

Attorney General: $141 million from settlement to be distributed to consumers misled by TurboTax owner Intuit

Posted on May 4, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Anthony G. Brown on Thursday announced that consumers who were misled by TurboTax’s owner Intuit into paying for free tax services will begin receiving checks from a $141 million multistate settlement announced in May 2022. All 50 states and the District of Columbia signed onto the agreement. Approximately 4.4 million consumers nationwide will receive checks in […]

Wallet Money Credit Card Personal Finance

Pandemic Impact: Almost 900,000 Maryland households financially insecure

Posted on April 27, 2023 by Chris Montcalmo

BALTIMORE, MD—The number of Maryland households unable to afford the basics grew by more than 70,000 during the first two years of the COVID-19 pandemic. A total of 899,798 households, or 38 percent of Marylanders, struggled to afford the basics as of 2021, according to a new report from United Way of Maryland and its research partner, United For ALICE. […]

TAXED OUT: Americans to pay $78 billion in gasoline taxes in 2023

Posted on April 19, 2023 by Chris Montcalmo

BALTIMORE, MD—While Americans race to file their taxes ahead of Tuesday’s deadline, Tax Day is every day for U.S. drivers. Gas prices have been rising over the past several weeks as Americans get back on the road and gear up for summer road trips – but there are some hidden costs buried in what Americans pay for gasoline that are […]

Credit Squeeze Taxes Taxation Recession Inflation

Maryland is 2023’s state with the 7th highest tax burden, WalletHub study

Posted on March 29, 2023 by Chris Montcalmo

BALTIMORE, MD—With Tax Day approaching on April 18 and 73% of Americans thinking that the government does not spend their tax dollars wisely, the personal-finance website WalletHub this week released its 2023 Tax Burden by State report. Maryland was deemed to have the 7th highest tax burden in the U.S. In order to determine which states tax their residents most […]

Maryland Department of Health announces expanded educational loan repayment programs for healthcare professionals

Posted on March 9, 2023 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Health on Thursday announced the largest expansion of the Maryland Loan Repayment Program (MLRP) for the 2023 application cycle. In exchange for service obligations to practice in areas of healthcare professional shortage, eligible health care providers and support staff can earn higher education loan repayment assistance from $5,000 to $100,000, depending on licensure. “MDH is […]

Maryland town named one of nation’s best at money management

Posted on March 2, 2023 by Chris Montcalmo

BALTIMORE, MD—One Maryland town has been named one of the best in the nation at money management. With 44% of U.S. adults grading their knowledge of personal finance a C or lower and good financial skills being essential during this time of high inflation, the free credit score website WalletHub this week released its report on 2023’s Best & Worst […]

Relax Lake Cottage Vacation Summer Water Retirement

Maryland named one of 2023’s worst states to retire in

Posted on January 24, 2023 by Chris Montcalmo

BALTIMORE, MD—With 25% of all nonretired adults having no retirement savings, the personal-finance website WalletHub this week released its report on 2023’s Best & Worst States to Retire. Maryland came in near the bottom of the list at No. 42 out of fifty. To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 […]

Baltimore ranked among worst cities for veterans [VIDEO]

Posted on November 2, 2022 by Chris Montcalmo

BALTIMORE, MD—With Veterans Day approaching and the veteran unemployment rate falling to 2.7 percent, the personal-finance website WalletHub this week released its report on 2022’s Best & Worst Places for Veterans to Live. Baltimore came in near the bottom of the list, ranking at number 97 out of 100 cities. The report compares the 100 largest U.S. cities across 20 […]

Tag: Personal Finance