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Do I Need to Pay Taxes on the Employee Retention Credit?
SmartAsset via Yahoo Finance· 1 year agoAlthough swaths of the economy grounded to a halt in 2020 because of the COVID-19 pandemic,...
Wrongly Take This Tax Credit? Own Up Without a Penalty.
Barrons.com· 2 months agoMany small business owners filed incorrect claims for the employee retention tax credit, a...
IRS stops processing pandemic-related tax credit that saw non-stop promotions
Detroit Free Press via Yahoo Finance· 8 months agoThe Internal Revenue Service is taking the unusual step of immediately stopping the processing of...
House, Senate tax chiefs announce deal on business deductions, low-income credits
The Hill via Yahoo News· 4 months agoTop tax writers in Congress announced a deal Tuesday morning to beef up the child tax credit (CTC)...
Facing setbacks and survivors’ frustrations, Pulse foundation leaders boosted pay with tax credit
Orlando Sentinel via Yahoo News· 8 months agoORLANDO, Fla. — Facing scrutiny from survivors of the Pulse massacre over high salaries and a lack...
IRS struggles to get tax refunds to nearly 500,000 victims of ID theft
USA TODAY via Yahoo Finance· 4 months agoVictims of tax-related identity theft can face extraordinary delays, waiting more than a year and a...
Will families get more money from the child tax credit? Why businesses should hope so
Deseret News via Yahoo News· 4 months agoCongressional approval of a proposed compromise over the child tax credit and business and R&D...
Tax breaks for parents, businesses possible in last-minute deal
Politico via Yahoo News· 4 months agoThe chief tax writers in Congress have reached a long-awaited deal on a roughly $80 billion package...
West Des Moines firm to lay off workers amid IRS crackdown on COVID-19 tax credits
The Des Moines Register via Yahoo Finance· 7 months agoA West Des Moines firm confirmed Friday it will lay off 78 workers as of Oct. 19 after the U.S....
What’s in the New Child Tax Credit Proposal?
The New Republic via Yahoo News· 3 months agoThe leaders of the tax-writing committees in Congress announced a $78 billion bipartisan tax policy deal on Tuesday, including an expansion of the child...