The IRS, as we all know, stopped sending out monthly child tax credit checks back in December. But that doesn’t mean the tax agency has stopped sending out stimulus money completely. Or that no more child tax credit benefits can be claimed. On the contrary, the IRS in recent days published a new announcement along …
After two years of living in a perpetual state of crisis over the Covid pandemic, some huge changes have now come to fruition. The face mask mandate, for example, is no longer in effect on planes, trains, and other forms of public transport. And, likewise, federal stimulus checks meant to mitigate some of the economic …
At this point, there’s not much time left to complete your federal income tax return and file it for tax year 2021. The deadline, in fact, is just a little over a week away. April 18 of this year is when everyone’s federal tax return is supposed to be received by the IRS. But even …
New Jersey congressman Josh Gottheimer held a press conference on Monday that might have dismayed any of you hoping to get your IRS tax refund soon. The big takeaway: Don’t be surprised if your refund is late this time around. In fact, really late. “Since the start of the pandemic alone, we’ve helped claw back …
It’s that time of year again. Social media is flooded with memes and funny posts from people religiously checking their bank account to see when their tax refund finally shows up. And results in either a funny post about how they feel as wealthy as a royal now. Or they seethe in anger, either because …
The now-defunct child tax credit expansion is back in the news this week, thanks to AOC saying the expiration of the monthly checks is at least partly responsible for a rise in crime. And that she’s so disgusted with the “s–tshow” of Congress that she thinks about quitting politics “all the time.” Such comments, however, …
Twenty-one days. That’s generally how long you’ll need to wait if you’ve filed your federal income tax return for tax year 2021 and are now asking, “Where’s my refund?” “Generally,” though, is the all-important caveat here. All things being equal, that’s roughly how long it should take, according to the tax agency — from the …
Normally, an IRS letter showing up in your mailbox is the kind of thing that strikes dread in the heart of a taxpayer. However, a new communication is going out right now from the tax agency that not only shouldn’t scare you. For millions of Americans, it’s actually something crucial they’ll need in order to …
The IRS isn’t cutting anyone a new stimulus check anytime soon. The tax agency is, however, preparing to implement a controversial change to its operation as soon as this summer. One that’s been said to essentially herald, as you by now have probably seen people decrying on social media, the arrival of IRS facial recognition. …
This year’s tax season began in the US on Monday, January 24 — the date when the IRS formally began the process of accepting and processing returns for the tax year 2021. Once again, there are a slew of credits and other important facts to be aware of thanks to all the stimulus checks that …
