IRS will process millions of tax returns this year; it faces a huge backlog. IRS advises taxpayers to choose electronic to speed up the process.…
Stimulus Update: States Look To Reduce Inflation To Help Residents
Americans witness a huge inflation rise from the past few months. The price rise has deteriorated the living standards of millions of low and middle-income…
IRS Updates: Taxpayers Can Now Make Cash Payments at Retail Partners
Taxpayers can now make cash payments online at a retail partner. IRS has announced that the Cash Processing Companies will facilitate cash tax payments. Taxpayers…
Stimulus Updates: Few American Families Will Get $3,600 This Year
The federal government has stopped the stimulus or other benefits for the citizens. However, several states have introduced stimulus programs for their residents. In addition,…
Social Security Beneficiaries Can Have An Additional $70,000 In Their Saving: Check Details
Millions of retirees receive monthly Social Security checks; the government provides monthly assistance for their basic needs. However, the amount is not sufficient to cover…
Child Tax Credit Update: Some Parents To Receive Surprise $175 Payments
Several parents in New Mexico will receive surprise payments under the new legislation. Eligible parents will get $175 per child. Beneficiaries will receive the amount…
US Families Face Enormous Difficulties After The End Of The Child Tax Credit
The federal government introduced the extended Child Tax Credit program in 2021; it provided monthly checks to low-income families from July to December. Millions of…
IRS Audits Low-income Individuals Five Times More: Report Finds
IRS has started issuing tax refunds since February. Millions of taxpayers have filed their tax returns, IRS analyzes the tax information before processing the returns.…
Child Tax Credit Updates: IRS Issues Additional $175 With Tax Rebates
Last year, millions of US families received child tax credit; the IRS issued six monthly payments in 2021. The IRS has started to give tax…
Americans Seek Federal Stimulus Checks Amidst Rising Oil Prices
In the past few months, the inflation rise has deteriorated the living standards of middle and low-income US households. The present inflation rate is the…