The Internal Revenue Service posted information about how to correctly compute the new exclusion on a portion of unemployment income as Congress pushes the IRS for further tax-filing relief. The ...
A new law allows for most individuals to be exempt from paying taxes on the first $10,200 received in federal disaster aid programs, including the $345 a week from Pandemic Unemployment Assistance, ...
Syracuse, N.Y. — The IRS has issued guidance on how to take advantage of the American Rescue Plan’s exclusion of up to $10,200 in unemployment benefits from federal income taxes. Taxpayers who earned ...
Find out if you have more money coming your way. Unemployment benefits caused a great deal of confusion this tax season. Fortunately, the unemployment tax nightmare that left many with reduced refunds ...