Fuel tax rebates are issued to those who have paid fuel tax, with eligibility varying depending on circumstances such as agricultural use or driving alternative fuel vehicles. To claim a rebate, evidence of taxes paid must be saved and paperwork completed. Processing time can take up to six weeks. A fuel tax rebate is a […]
Flexible spending accounts (FSAs) are offered by employers and allow employees to set aside a tax-free amount of money for qualified medical or dependent care expenses. Employees must enroll annually to participate and provide proof of expenses paid to receive reimbursement. FSAs have a “use it or lose it” rule, and maximum amounts may vary […]
Downgrading is a reduction in loan interest rates, offset by a payment called discount points. These points reduce the interest rate by a percentage of the loan amount, but most rebates are temporary. Rebates are beneficial for both borrowers and lenders and are often used for home loans. Downgrading refers to a reduction in the […]
