Electronic tax-return filing has made things more complex, not less. And better computers could mean worse abuses. Written By: Jay StarkmanPublished: March 7, 2023 1:10 pm ET The Internal Revenue Service is beginning to spend the $80 billion and hire the 87,000 people...
Lake Charles, LA (KPLC) – A big change could be coming for disabled Social Security recipients. It’s one that would help maximize their monthly income. “I mean, every bit of assistance we have goes a long way,” Wallace Johnson said. Currently, people with...
What benefits will change entering this 2023? The American Rescue Plan, which will help millions of Americans with their finances, was enacted into law on March 11, 2021. However, these tax benefits will either return to their pre-American Rescue Plan levels or...
Which is the common misconception… Before this calendar year, individualsin the United States were asked to fill in Form 1099-K only if the total number of transactions with a third party exceeded 200 for the year and the total amount exceeded $20,000. However,...
A $500 refund will be mailed to all income-eligible New Jersey individuals and families under the Individual Taxpayer Identification Number (ITIN) Direct Assistance Program, who were not eligible for federal stimulus payments and file taxes using an ITIN. Eligible...
The Internal Revenue Service reminds taxpayers to report transactions of at least $600 made through payment networks like Venmo, Paypal, and Cash App as the agency seeks to obtain data regarding part-time employment and side gigs, a move that critics have termed...
