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IRS won't tax most relief payments made by states last year
Associated Press via Yahoo News· 1 year agoThe IRS announced Friday that most relief checks issued by states last year aren’t subject to...
Filed taxes before the IRS ruling on state relief payments? What to do now
The Hill via Yahoo News· 1 year agoThe Internal Revenue Service recently announced that it won't tax most state relief checks – but the...
Bogus ‘tax service specialists’ duped business owners in latest Covid relief debacle, IRS says
NBC News via Yahoo Finance· 1 month agoWhen the pandemic upended daily life in his small Missouri town, small-business owner Scott Volner...
Could Your State Stimulus Check Be a Red Flag for an IRS Tax Audit?
GoBankingRates via AOL· 1 year agoFor individuals and families struggling to make ends meet amid persistent high inflation, stimulus...
Tax season thrown into chaos as IRS weighs taxing Maine relief checks
Portland Press Herald, Maine via Yahoo News· 1 year agoFeb. 8—When the state distributed $850 relief checks to Mainers last year, the idea was to lend a no-strings-attached helping hand to people struggling with record inflation largely driven by ...
IRS: Wait to file your taxes if you received an inflation relief check in 2022
USA TODAY via Yahoo Finance· 1 year agoOn Friday, the Internal Revenue Service issued a "stay tuned" alert of sorts that could delay the filing of many tax returns in states, like California, that rolled out special payments or extra ...
IRS sending LT38 collection letters again after 2-year pandemic pause: What to know
Detroit Free Press via Yahoo Finance· 3 months agoThe IRS collection letters are arriving in mailboxes once again. And if you get one, tax...
Is the IRS still processing 2020 unemployment tax refund? Yes. For many, the wait continues
USA TODAY via Yahoo Finance· 1 year agoBob Dyer and likely millions of other taxpayers are still waiting for tax year 2020 refunds from the...
Taxes: IRS waives penalty for taxpayers with tax bills from 2020 and 2021
Yahoo Finance· 4 months agoNearly 5 million taxpayers who have unpaid tax bills from 2020 and 2021 will have almost $1 billion...
Biden’s State Stimulus Tax Decision Could Lead to $4B in Lost Revenue – and Make Inflation Even...
GOBankingRates via Yahoo Finance· 1 year agoThe decision by the Biden administration and the IRS to allow Americans to not list state-issued tax...