You Searched For "tax refunds" and got 20 results
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3 mins read
A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights
The Biden administration introduced new rules aiming to hand some power back to workers, but busine…
Juliana Kaplan
3 mins read
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
2 mins read
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…
Allie Kelly
2 mins read
The House passes a bill to give parents a boosted child tax credit and businesses tax relief
Families that are covered under the legislation could see their 2023 taxes cut by $680.
Juliana Kaplan,Ayelet Sheffey,Lloyd Lee
3 mins read
Don't call them DINKs. Many childfree adults are ALICEs.
Half of Americans living in deep poverty are childfree adults because it's harder to access certain…
Allie Kelly
1 min read
Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans
JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…
Sawdah Bhaimiya
2 mins read
You'll soon be able to get an automatic refund when your flight is delayed or canceled
The new DOT regulations mean passengers can also get automatic refunds when their checked bags are …
Grace Dean
2 mins read
Airlines are going to start giving out automatic refunds for delayed or canceled flights — here's who and what will be eligible
New Department of Transport regulations will require airlines to provide automatic refunds for flig…
Grace Dean
3 mins read
A bipartisan group of lawmakers' plan to boost the child tax credit for parents would help 'hundreds of thousands of kids get out of poverty,' a top economic official says
Jared Bernstein, a White House top economist, thinks a bipartisan plan to give parents a bolstered …
Ayelet Sheffey,Juliana Kaplan
4 mins read
ITR filing deadline is today – If you miss it, there are more consequences than just a penalty
The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…
1 min read
GST collections in February rise 12.5% to cross ₹1.68 lakh crore
Gross Goods and Services Tax (GST) revenue collections for February rose by a robust 12.5 per cent …
2 mins read
NYC has the highest concentration of millionaires worldwide. 25% of its children live in poverty, report says.
Poverty in New York City surged by half a million between 2021 and 2022, bringing the total number …
Katie Balevic
2 mins read
There's a good chance your tax refund will be smaller this year
Last year, parents could get up to $3,600 per child from the enhanced child tax credit. That's not …
Juliana Kaplan
3 mins read
Millions of Americans may finally get their tax refund checks as the IRS clears out a backlog of 8 million 2021 returns
The IRS has been drowning in paper, and taking months to process tax returns — which held up refund…
Juliana Kaplan
2 mins read
Janet Yellen wants a new way for people to file their taxes for free after very few Americans used the current program
Just 1 in 25 Americans were able to file their taxes for free last year. The Treasury Secretary wan…
Juliana Kaplan,Joseph Zeballos-Roig
2 mins read
One photo of an IRS cafeteria overstuffed with paper shows why you haven't gotten your refund check yet — and just how underfunded the agency is
Many Americans have been waiting for their tax refund checks for months. They may be buried in a pi…
Juliana Kaplan
1 min read
Direct tax collections rise 18% so far in current financial year
The government's gross direct tax collections have risen by 16.77 per cent to touch Rs 17.18 lakh c…
2 mins read
How to check TDS, dividend income, and income tax refund using the AIS for Taxpayers app
The Income Tax (IT) department recently launched a new application for mobile users that allows tax…
2 mins read
The IRS could auto-fill nearly half of taxpayers returns, according to a new paper — meaning they wouldn't have to spend time and money filing their taxes
Right now, Americans spend billions of dollars — and hours — preparing their taxes. But many could …
Juliana Kaplan
2 mins read
Taxpayers who filed paper returns to the IRS may wait 6 months for a refund
Some taxpayers have been waiting on 2020 refunds for months. They may have to wait even longer for …