By Greg Iacurci, CNBC The IRS will start issuing tax refunds in May to Americans who filed their returns without claiming a new break on unemployment benefits, the federal agency said Wednesday. The American Rescue Plan waived federal tax on up to $10,200 of unemployment benefits, per person, received in
By Aimee Pichi, CBS News IRS officials have touted the agency’s delivery of the latest round of stimulus checks as reaching eligible Americans in “record time.” Yet some Social Security recipients in urgent need of financial assistance say they’re still waiting for the emergency relief payment. The problem at first
By Megan Henney, FOX Business The IRS has agreed to not seize some Americans’ stimulus check to offset outstanding federal tax debts, according to an agency watchdog. The issue is a change that Congress made in late December affecting how people with unpaid government debt would be treated if they claimed the first two stimulus
By Geoff Colvin, Fortune A time bomb is ticking in the Paycheck Protection Program loans that have kept millions of small businesses operating through the pandemic. It’s set to go off early next year unless Congress defuses it soon. More than 500 national, regional, and state trade associations recently signed
