As a means to fund the Biden administration’s ambitious infrastructure and social policy bill, one proposal is to require banks to report data to the IRS for accounts with total annual deposits or withdrawals worth more than $600
All tagged USeconomy
Business Update - Weekly Digest (October 13, 2021)
Cities and locales, from Topeka, KS, to two counties in Alabama, are offering qualified remote workers incentives that range from cash to help buy a house to free coffee and martial arts classes
Business Update - Weekly Digest (September 22, 2021)
Are you still waiting on a tax refund from the IRS? A backlog of returns, a workforce shortage, technology difficulties, and a higher rate of errors on returns mean that it may take the IRS up to 120 days to issue refunds. Although the IRS says it has processed all error-free returns received before April, pandemic-related challenges combined with the expanded child tax credit, missing information, and possible identity theft continue to delay refunds.