Like everything else related to 2020, the filing of tax documents for this period will also not be the same as always, writes ABC News. It's time to think about taxes and what can be done now to control the situation. ...
The federal criminal investigation into Hunter Biden is focused on his business dealings in China, writes CNN. After a lull in the months leading up to the elections, federal authorities are actively investigating Hunter Biden's business dealings, a person familiar with the investigation told the publication. Hunter's father, ...
Newly elected US President Joe Biden said he wants to raise tax rates to the highest level that was during the George W. Bush administration. This undermines his campaign promise not to raise taxes for Americans who earn less than $ 400 a year, writes New ...
Some taxpayers recently received a chilling letter from the IRS warning that the federal tax inspector will confiscate state income tax refunds, writes CNBC. As recently as this fall, the IRS issued a so-called "Tax Intent Notice" to ...
Taxpayers, who still owe money to the government, will receive enhanced payment options, Fox Business writes. On Monday November 2, the IRS unveiled new debt relief options for taxpayers who are still recovering from the coronavirus pandemic. ...
Less than two weeks are left before the US presidential elections, today, October 22, the final debate of the candidates will take place. But Americans are choosing not just a face that will often appear on TV for the next four years, they are choosing a political course that can significantly affect ...
Americans who filed their 2019 federal tax return on time should expect an interest payment on tax refunds this week (by August 23), USA Today writes. Such payments will be made separately from the refunds themselves. According to the IRS, the IRS ...
It's been 5 months since the coronavirus hit the US and left millions of people staying at home. The pandemic has forced some Americans to leave their primary residence and move to other places, be it a second home or the home of relatives. Many with this ...
Late taxpayers must file their tax returns as soon as possible, otherwise the amount of fines and interest due will rise, warns the US Internal Revenue Service (IRS). Fines and interest apply to taxes due after July 15, Fox Business recalls. This year…
The US economy is showing some signs of life again. Employment rates are rising and businesses across the country are starting to reopen, but unfortunately, the fight against COVID-19 is not over yet, MoneyTalksNews recalls. The coronavirus pandemic has caused one of the most severe economic downturns ...