-
Gov. Cuomo Threatens Tax Hikes Without $15B in Federal Aid
New York Gov. Andrew Cuomo warned Tuesday his state will sue if Congress doesn’t send $15 billion in unrestricted emergency COVID-19 aid
-
IRS Delays Start of Tax Filing Season to Feb. 12
The IRS will begin receiving 2020 income tax returns on Feb. 12.
-
Powerball Jackpot Jumps to $640 Million. What to Do If You Win
With no ticket matching all six numbers drawn Wednesday night, the top prize has soared to $640 million. Mega Millions’ jackpot, meanwhile, is $750 million.
-
Covid-19 Accelerated Retirement Moves as People Fled These High-Tax States During 2020
New Jersey took top honors as the state with the most outbound moves in 2020, according United Van Lines. New York and Illinois round out the top three.
-
IRS: Stimulus Payments Sent to Wrong Accounts Are Being Redirected, Will Be Deposited in Coming Days
Millions of stimulus payments that were erroneously sent by the IRS to closed bank accounts are being redirected to the correct accounts “in the coming days.”
-
With Congress Approving Up to $284 Billion to Loans, Small Businesses Can Apply for Paycheck Protection Starting Jan. 11
Freshly funded through the Covid relief act, the Paycheck Protection Program will be reopening for cash-strapped small businesses on Monday, Jan. 11.
-
H&R Block and TurboTax Customers Report Issues With Second Stimulus Check Deposit
Many people who filed their 2019 taxes with H&R Block or TurboTax told CNBC Make It that they are experiencing a delay in receiving their payments.
-
Claim a ‘Recovery Rebate Credit' If You Missed Out on a Full Stimulus Payment
If you didn’t receive your stimulus check or the payment was smaller than expected, you may get what you’re owed when you file your taxes.
-
Biden's Tax Plan Has a Better Chance as Democrats Sweep Georgia
President-elect Joe Biden’s tax plan might be a step closer to fruition as Democrats take both Senate seats in Georgia.
-
Both Powerball and Mega Millions Jackpots Are Above $400 Million. Here's What to Do If You Win
While the chance of a single ticket matching all six numbers is tiny, it’s worth considering how you would handle the windfall if you were to beat the odds.
-
Powerball Jackpot Surges to $384 Million, Mega Millions Now $401 Million as No One Wins Top Prizes
A handful of states allow big winners to remain completely anonymous. In others, if you plan ahead, you may be able to shield your identity.
-
Appeals Court Sends Lawsuit Over Trump Financial Records Back to Lower Court
The action delays House Democrats’ efforts to obtain years of Trump’s personal and business records.
-
Powerball Jackpot Jumps to $363 Million, Mega Millions' Top Prize Is $376 Million. How Winners Can Protect Their Windfall
With both jackpots so high, experts say there are some crucial considerations that can help winners navigate sudden wealth.
-
NJ Is Latest State to Join Supreme Court Battle Over Income Taxes on Remote Workers
New Jersey, Connecticut, Hawaii and Iowa filed a brief in a U.S. Supreme Court case that could determine the ability to tax nonresidents’ income.
-
Received Unemployment in 2020? You May Want to Start Thinking About Your Taxes
With the need for unemployment assistance sky high during the coronavirus crisis, a first of a lifetime need for so many, NBC Connecticut doesn’t want you or your loved ones to be surprised by what you could owe in April.
-
Period Poverty and the Fight to End the Pink Tax on Menstrual Products
Period poverty. It’s when someone doesn’t have access to menstrual products — often because they simply can’t afford them. Scotland recently became the first country in the world to make period products free to every citizen who needs them. But here in the U.S., they are not even exempt from taxes placed on luxury goods in many states. NBCLX Storyteller...
-
Millionaires Are Bracing for Tax Hikes Next Year, CNBC Survey Finds
Nearly two-thirds of millionaires say taxes will go up under a Biden administration, according to the survey.
-
Joe Biden Says ‘I Am Confident' Hunter Biden Did Nothing Wrong, as Son Faces Criminal Tax Probe
The Hunter Biden probe continues as Joe Biden prepares to enter the White House, and as President Trump mulls pushing for a special counsel to handle the case.
-
Year-End Tax Moves Aren't Just for the Wealthy. These Strategies Can Help Lower Your Bill
The end of the year is fast approaching, but there is time to take stock of your tax situation.
-
Here's Why a Nightmare Tax Season Is Ahead for Small Businesses
Though the CARES Act offered small businesses a lifeline, but it’s going to come with tax complexity next spring. It’s time to hire an expert.