The IRS recently extended the deadline for filing individual tax returns from May 17 to April 15. You may still want to apply before the original date. This is because the extension …
Read More »Why Some Taxpayers May Not Want To Wait To File
This is how the Democrats want to raise taxes on the rich
Drew Angerer | Getty Images News | fake images Democrats may soon raise taxes on the rich as lawmakers shift to priorities beyond pandemic relief. A change in the way Uncle Sam …
Read More »Americans have an extra month to file their taxes. Don’t miss out on these savings
Many Americans and their accountants had a stroke of luck: They now have an extra month to file their 2020 taxes. The Internal Revenue Service and the Treasury Department extended the filing …
Read More »The $ 3,000 child tax credit may not be sent through monthly payments
Marko Geber | DigitalVision | fake images The child tax credit payments authorized in the latest Covid relief law may not ship monthly and may not even begin in July, said IRS …
Read More »Student loan forgiveness is now tax-free. Cancellation coming up?
Ungureanu Vadim | EyeEm | fake images Student loan forgiveness is now tax-free, thanks to a provision included in the $ 1.9 trillion federal coronavirus stimulus package that President Joe Biden signed …
Read More »Covid bill exempts $ 20,400 of unemployment pay for couples from taxes
Steven Heap / EyeEm / Getty Images The latest version of the $ 1.9 trillion federal coronavirus aid package could save millions of people who lost their jobs due to the pandemic …
Read More »Covid Bill Provides Tax Exemption of Up to $ 10,200 in Unemployment Benefits
The latest updates to the $ 1.9 trillion federal coronavirus aid package could save millions of people from a surprise tax bill. The Senate on Saturday approved a version of the Covid …
Read More »Freelancers can submit new PPP loan applications to the SBA
JGI / Tom Grill | Tetra Images | fake images Self-employed and temporary workers who have been waiting for new rules that would mean larger forgivable loans through the Paycheck Protection Program …
Read More »The right time to file income taxes could mean more stimulus control
Douglas Sacha | Moment | fake images Timing to file a 2020 tax return is very important this year – if you get it right, it could lead to a bigger stimulus …
Read More »‘Most people would rather be rich’ and pay for it
Sen. Elizabeth Warren defended her latest wealth tax proposal Tuesday, telling CNBC that she believes most Americans won’t mind being rich enough to pay for it. The Massachusetts Democrat made the remarks …
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