On May 14, the IRS announced that tax refunds on 2020 unemployment benefits would begin to be deposited into taxpayer bank accounts within the week. But 13 days later, the deposits still have not ...
If you got unemployment benefits in 2020, you just got a tax break courtesy of the $1.9 trillion American Relief Plan that President Joe Biden signed into law on Friday. Here’s how the latest relief ...
WASHINGTON (NEXSTAR) — The American Rescue Plan Act of 2021 includes new guidance that allows people to waive tax liability on up to $10,200 of unemployment compensation in 2020. According to CNBC, ...
(NEW YORK) — As Americans file their tax returns for 2020 — a year riddled with job insecurity — millions who relied on unemployment insurance during the pandemic will find that up to $10,200 of those ...
WASHINGTON -- As welcome as the American Rescue Plan is for many people, the fact that it was signed into law in the middle of tax filing season raises a number of questions. That's because some ...
More than 20 million Americans lost their jobs in 2020, and roughly 9 million people are still unemployed. Many of those who filed for and received unemployment benefits are now surprised by a hefty ...
Theodore Taylor was pretty surprised when he received a tax document recently from Ohio's unemployment agency showing that he had been paid $1,300 in benefits last year. A Philadelphia resident, ...
Deputy Commissioner Daryle Dudzinski, left, and Commissioner Kurt Westby of the Connecticut DOL walking to meet reporters. MARK PAZNIOKAS / CT MIRROR State labor officials are trying to keep ...
(ABC News) - As Americans file their tax returns for 2020 -- a year riddled with job insecurity -- millions who relied on unemployment insurance during the pandemic will find that up to $10,200 of ...