Finance•
Virginia to Issue Tax Rebates of Up to $400 This Fall
Virginia will send tax rebates of up to $200 for individuals and $400 for joint filers this October. Find out who qualifies and when to expect the payment.
Megan Hayes
Megan Hayes is a policy correspondent for Wealtoro specializing in U.S. tax law, personal finance, and economic policy. She focuses on how legislative changes affect household finances and the broader labor market.
11 Articles
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Joined September 2025
Languages
English
Areas of Expertise
US Tax PolicyPersonal FinanceEconomic PolicyLabor Economics
Latest Articles by Megan Hayes
Finance•
IRS to Stop Issuing Paper Tax Refund Checks This Year
The IRS will stop issuing paper checks for tax refunds starting September 30, shifting to electronic payments to improve security and speed up delivery.
Finance•
New SALT Tax Cap Proposal Could Save CA Homeowners Thousands
A proposal to raise the federal SALT deduction cap to $40,000 could offer major tax relief, with nearly 75% of California homeowners potentially benefiting.
Finance•
IRS Lists Nearly 70 Jobs for New Tip Tax Deduction Rule
The IRS has released proposed guidance for a new tax deduction on tip income, identifying nearly 70 professions that may qualify under the new law.
Finance•
Treasury Details Rules for New $25,000 Tip Tax Deduction
The U.S. Treasury has proposed new rules for a federal tax deduction allowing workers to deduct up to $25,000 in tip income annually from 2025 to 2028.
Finance•
Treasury Clarifies Rules for New 'No Tax On Tips' Deduction
The U.S. Treasury has issued new guidance specifying which of the 68 occupations qualify for the 'No Tax On Tips' deduction and the rules for claiming it.
Finance•
Nevada's New Tip Tax Law Creates Confusion for Workers
Tipped workers in Nevada are discovering a new tax law is a deduction, not an exemption. The provision has key limits, including a $25,000 cap and an expiration date.
Finance•
IRS Rule Allows Tax Deductions on Tips for 68 Job Types
The U.S. Treasury has released a list of 68 jobs, including casino and digital workers, now eligible for a tax deduction of up to $25,000 on tip income.
Retirement•
US Considers Raising Retirement Age for Social Security
New projections show Social Security and Medicare trust funds could face depletion by 2033, prompting discussions about raising the retirement age to ensure long-term solvency.
Economy•
US Credit Card Debt Exceeds $1.2 Trillion Amid Rate Changes
Total US credit card debt has climbed to a record $1.21 trillion, with middle-aged Americans carrying the largest share amid minor interest rate cuts.
Finance•
New Law Offers Tax Break on Tips for Service Workers
A new federal law introduces a temporary tax deduction of up to $25,000 on tipped income for service workers, but it includes income limits and strict reporting rules.