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Thursday, dec 26
Tag:
Earned Income Tax Credit
News
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…
News
'Help Is Here' White House Tour Begins This Week In NJ, PA
President Joe Biden and Vice President Kamala Harris begin a "Help is Here" tour of the United States this week, beginning in New Jersey and Pennsylvania. Biden's wife and Harris' husband will be making some of the local visits aimed at explaining and promoting the newly-signed $1.9 trillion federal stimulus package. First Lady Jill Biden, a native of Hammonton, will be in Burlington, New Jersey, on Monday and President Biden plans a stop in Delaware County, Pennsylvania, on Tuesday. The president was born in Scranton, and his wife grew up in South Jersey. "They’re eager to get out …