IRS is making progress on tax return backlog, but millions still remain unprocessed
The IRS is making progress on its backlog of unprocessed tax returns, but millions remain, according to the agency. Source
Read more
Government taxation and revenue
Biden says he’s considering gas tax holiday as admin targets July 4 announcement
White House officials say they are targeting the busy July 4 weekend for announcing new measures to help lower record-high
Read more
Beware of scams involving jobs, stimulus checks and tax refunds, IRS warns
Thieves continue to use the Covid-19 pandemic as a means to steal money or data from unsuspecting taxpayers, according to
Read more
House Democrats push Treasury, IRS for repeal of rule blocking state and local taxes cap workaround
Three House Democrats are pushing for relief on the $10,000 limit on the federal deduction for state and local taxes
Read more
Nearly half of families with kids can no longer afford enough food 5 months after child tax credit ended
Nearly half of parents who got expanded child tax credit checks now say they can't afford enough food to feed
Read more
Your Social Security check might be taxed. Here’s how that could change
It may come as a surprise that your Social Security income may be taxed. Here's how those levies work, and
Read more
Choosing between pre-tax and Roth 401(k) plans can be much trickier than you think
Is it better to make pre-tax or Roth 401(k) contributions? Here's how to decide which is best for your retirement
Read more
How Davos became the anti-establishment’s punching bag
The event has been sharply criticized in recent years for being out of touch, ineffective and irrelevant. Source link
Read more House Democrats push for state and local taxes relief in appropriations bill
Five House Democrats are still fighting for relief on the $10,000 limit on the federal deduction for state and local
Read more