Social Security increasing wage base to $160,200 in 2023
The Social Security Administration (SSA) gave retirees and other recipients of the program’s payments good news this week. Next year, they’ll get an 8.7 percent cost-of-living increase. That’s the highest in more than 40 years, and comes on the...
Deadline to file 2019 and 2020 tax returns to get COVID penalty relief postponed in declared disaster areas
WASHINGTON ̶ The Internal Revenue Service reminds taxpayers in areas covered by certain Federal Emergency Management Agency (FEMA) disaster declarations they may have more time to file their returns to qualify for the penalty...
Some States Are Sending Out Stimulus Checks—Is Yours Next?
With little immediate relief from the federal government to respond to record inflation, 18 states are sending —or have already sent—payments to taxpayers.. And while some of these payments are for hundreds of dollars, they’re unlikely to have a big impact on...
IRS NEWSLETTERS
When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change to their account, or request a payment, the agency often mails a letter or notice to the taxpayer. Getting mail from the IRS is not a cause for panic but, it should not be...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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