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Child tax credit: Here’s what to know for 2023
Bankrate via Yahoo Finance· 1 year agosturti/Getty Images Millions of American families received an increased child tax credit in 2021 to offset the pandemic’s economic impact — but parents...
Democrats call on IRS to extend child tax credit deadlines for taxpayers without SSNs
The Hill via AOL· 2 years agoA group of Democratic senators on Thursday called on the IRS to extend the filing deadline for...
Stimulus 2024: IRS Commits To Sending Child Tax Credit Refunds ‘Promptly’ — What To Know
GoBankingRates via AOL· 3 months agoIRS Commissioner Danny Werfel told a recent congressional hearing that his agency would be able to...
IRS using new funding on better technology to collect taxes
United Press International via Yahoo News· 9 months agoIRS Commissioner Daniel Werfel released a plan in early 2023 promising that "technology and data...
Stimulus Update: Food Insufficiency Rates Rose 25% Once the Boosted Child Tax Credit Went Away
Motley Fool· 2 years agoPrior to 2021, the maximum value of the Child Tax Credit was $2,000 per eligible child. Another...
Why the IRS says to expect smaller tax refunds this year
The Hill via Yahoo News· 1 year agoThe IRS is warning taxpayers at the opening of the 2023 tax filing season that they should expect...
Will the Boosted Child Tax Credit Come Back in 2023?
Motley Fool· 2 years agoIn March 2021, lawmakers approved the American Rescue Plan, a massive spending bill that was designed to provide relief during the pandemic. Prior to...
IRS sends letters to millions still eligible for generous COVID-19 tax breaks
Detroit Free Press via Yahoo News· 2 years agoBeginning this week, more than 9 million letters will be sent to people who have yet to benefit from...
Late IRS guidance on state stimulus checks threatens to upend tax season
Yahoo Finance· 1 year agoIt's just over two weeks into tax filing, and many tax professionals were almost ready to call this...
IRS struggles to get tax refunds to nearly 500,000 victims of ID theft
USA TODAY via Yahoo Finance· 5 months agoVictims of tax-related identity theft can face extraordinary delays, waiting more than a year and a...