Tax Year 2022 Inflation Rates Announced

As the economy warms up in recovery mode, inflation starts to raise its ugly head. Everything—from baby food to new cars—costs more.… Read more about Tax Year 2022 Inflation Rates Announced (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Updated: Child Tax Credit FAQ on IRS.gov

The Internal Revenue Service is pushing out more information for taxpayers interested in the Child Tax Credit and its advance payments.… Read more about Updated: Child Tax Credit FAQ on IRS.gov (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

401(k) Contributions Increased for 2022

Taxpayers contributing to a 401(k) plan for their retirement have gotten some good news from the Internal Revenue Service: they can now put more money into their plan for 2022.… Read more about 401(k) Contributions Increased for 2022 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Some in Connecticut Get Extended Ida Relief

Taxpayers in Connecticut are getting a little extra time to file their taxes, courtesy of Hurricane Ida and the IRS. Ida tore up coastal areas in the southern US, and went on to batter the Northeast with flooding and other damage.… Read more about Some in Connecticut Get Extended Ida Relief (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Last Call for ACTC Signup, Income Changes

Families who have significant income changes to report for the advance Child Tax Credit payments are running out of time to pass those changes on to the Internal Revenue Service.… Read more about Last Call for ACTC Signup, Income Changes (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…