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Under the Treasury Offset Program, the Social Security Administration can withhold up to 15 percent of your Social Security income to cover delinquent student loan debt.
Here's what you need to know about Gov. Gavin Newsom's plan to offset California's $31.5-billion budget deficit.
A tax refund interception, also referred to as a tax refund offset, is the act of an agency responsible for sending tax refunds using all or part of a refund to fulfill an obligation of the taxpayer rather than sending the money to the taxpayer him/herself.
Faced with a $44.9-billion budget deficit, Gov. Gavin Newsom described a plan to shrink the size of state government and slow his progressive policy agenda by eliminating 10,000 vacant state jobs ...
The Voluntary Flexible Agreement (VFA) was created by the United States Congress in 1998 during a reauthorization of the Higher Education Act of 1965.The VFA enables Federal Family Education Loan Program (FFELP) guarantors to develop programs and techniques to help borrowers avoid student-loan default and all of its negative consequences.
The state treasurer assumes office by way of election. The term of office is four years, renewable once. Elections for state treasurer are held on a four-year basis concurrently with elections for the offices of governor, lieutenant governor, attorney general, secretary of state, state controller, insurance commissioner, and superintendent of public instruction.
If you have questions about an offset and delinquent individual or spousal debt assistance, you can call the Treasury Offset Program call center at 1-800-304-3107 for non-federal tax debt.
1 – Passed – Parklands Acquisition and Development Program. 2 – Failed – Lake Tahoe Acquisitions Bond Act of 1980. 3 – Failed – Insurance Guarantee Funds. Tax Offset. 4 – Failed – Taxation. Real Property. Property Acquisition by Taxing Entity. 5 – Failed – Taxation. Real Property Valuation. Disasters, Seismic Safety, Change ...