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IRS Sending Special Payments To 1 Million Americans: Here's What To Know IRS Sending Special Payments To 1 Million Americans: Here's What To Know
IRS Sending Special Payments To 1 Million Americans: Here's What To Know The Internal Revenue Service (IRS) announced it will issue automatic payments this month to nearly one million taxpayers who didn’t claim the Recovery Rebate Credit on their 2021 tax returns.  These payments aim to assist eligible individuals who missed claiming the credit, which provides up to $1,400 per person for those who didn’t receive the full amount of their Economic Impact Payments (EIPs). Who Will Receive Payments? Eligible taxpayers include those who filed a 2021 tax return but either left the Recovery Rebate Credit field blank or entered $0 despite qualifying. Payments wil…
Amazon Plans To Lay Off Around 10,000 Employees, Report Says Amazon Plans To Lay Off Around 10,000 Employees, Report Says
Amazon Plans To Lay Off Around 10,000 Employees, Report Says A week before the holiday shopping season officially kicks off, Amazon is set to begin laying off approximately 10,000 corporate and technology employees, The New York Times reports. Job cuts at the online retail giant were expected to start the week of Monday, Nov. 14, and will primarily affect Amazon’s retail, devices, and human resources divisions, according to the outlet. The largest in its history, the layoffs would impact 1 percent of the company’s global workforce and 3 percent of its corporate employees. It follows several other cost-cutting moves that CEO Andy Jassy has implemente…