WASHINGTON, DC – APRIL 15: The Internal Revenue Service (IRS) building stands on April 15, 2019 in … [+]…Getty Images The IRS continues to make progress on its inventory of tax returns, payments, refunds, and correspondence. However, some sectors are still experiencing delays. Here’s where things stand. The IRS says it has processed all paper […]
Getty Images With tax season winding down, it’s still not too late to avail yourself of some clutch credits that could save you tens of thousands. Here are eight: 1. Employee Retention Tax Credit Eligible employers can claim up to $26,000 per worker for each employee they retained during 2020 and 2021. The program allows […]
Image Credit: The New York Public Library on Unsplash This is the second in a three-part series on tax filing that looks at how business owners can maximize their tax savings. Here’s the first part. It’s nearly the end of the tax year, and that can only mean one thing; it’s almost time to lodge […]
Thousands of flights were canceled or delayed over the Father’s Day weekend, with the chaos at airports in the U.S. and abroad pointing to a summer of discontent for travelers. Airlines, tricky to operate under the best of conditions, are now also grappling with severe personnel shortages just as passengers return in droves as the […]
An estimated 160 million tax returns are expected to be filed this year, according to the IRS, and so far, the tax season has been running smoothly. The tax agency has processed 6.6% more returns compared with a year ago, though it has received 2.1% fewer returns so far from taxpayers. And according to Ken […]