Top

Tag: tax credit


Emerging Tech & Modernization, Tech

IRS launched tax credit website without authority to operate, watchdog reports

June 14, 2022

Via: FCW

The IRS rolled out a web portal to authenticate recipients of the expanded Child Tax Credit in mid-2021 without receiving an “authority to operate” approval from tech officials, according to a May report from the Treasury Inspector General for Tax […]


Federal, Policy

Fourth stimulus check: You’ll get a new $1,400 payment if you meet this requirement

October 12, 2021

Via: BGR

There’s a very good chance that the $1,400 stimulus payment that many of us got months ago will be the last one-and-done relief check we get during the pandemic from the federal government. We detailed why that’s the case in […]


Federal, Policy

Senators call to expand Covid aid plan designed to keep employees on the payroll

February 26, 2021

Via: CNBC

A bipartisan group of senators is urging Senate leaders to expand a key economic relief provision when the chamber takes up the $1.9 trillion coronavirus rescue package next week. Nine lawmakers wrote Friday to Senate Majority Leader Chuck Schumer, D-N.Y., […]


Federal, Policy

This tax pitfall could affect millions due to Covid. Here’s what you need to know

February 15, 2021

Via: CNBC

The 2020 tax season is officially underway, and the millions of Americans who collected unemployment benefits last year due to the coronavirus pandemic may be in for a surprise. That unemployment income is taxable, and if you didn’t have money […]


Federal, Policy

Biden proposes a tax penalty for offshoring and new credits for manufacturing investments

September 9, 2020

Via: CNBC

WASHINGTON — Democratic presidential nominee Joe Biden will travel to the battleground state of Michigan on Wednesday to propose changes to the corporate tax code to reward investments in U.S.-based manufacturing and penalize American companies that offshore jobs. The tax […]