Por: Portland Press Herald Nation February 11, 2023
The IRS ruled Friday that state stimulus payments, like the $850 pandemic relief checks Maine sent to tens of thousands of households, are not subject to federal taxes. The tax agency made the announcement after putting millions of on pins and needles at the outset of the tax filing season. The payments, from a state budget surplus, were intended to help Mainers deal with high inflation and the lingering economic impacts of the COVID pandemic... + full article
The Boston Globe USA Business February 11, 2023
The IRS announced Friday that most relief checks issued by states last year aren’t subject to federal taxes, providing 11th hour guidance as tax returns start to pour in.A week after telling payment recipients to delay filing returns, the IRS said it won’t challenge the... + más
IRS Announces The Start Of The 2023 Tax Season — Here Are The Key Deadlines And Changes | Forbes
IRS tells millions of Americans in 22 states to hold off on filing their taxes | CBS News
CBS News USA Business February 10, 2023
The IRS is millions of taxpayers in 22 states including California, Colorado and Florida who received tax rebates last year to hold off on filing their taxes. The reason: The agency said it is seeking to clarify whether those tax rebates and special refunds are considered... + más
Got a tax extension? The deadline for filing your return is almost here. | CBS News
Tax extension: The October deadline for filing your return is almost here | CBS News
Portland Press Herald USA Nation February 10, 2023
Two Maine lawmakers who helped negotiate $850 relief checks for Maine taxpayers said Thursday that state officials had assured them that the IRS considered the payments tax free. But Michael Allen, associate tax commissioner for the Maine Revenue Service, said his office made no... + más
IRS says Maine’s $850 pandemic relief checks not taxable | Portland Press Herald
Tax season thrown into chaos as IRS weighs taxing Maine relief checks | Portland Press Herald
CBS News USA Business February 09, 2023
The IRS is millions of taxpayers in 22 states including California and Colorado who received tax rebates last year to hold off on filing their taxes. The reason: The agency said it is seeking to clarify whether those tax rebates and special refunds are considered taxable... + más
IRS Takes Steps To Make It Easier For Taxpayers To Respond To Notices | Forbes
Portland Press Herald USA Nation February 09, 2023
When the state distributed $850 relief checks to Mainers last year, the idea was to lend a no-strings-attached helping hand to people struggling with record inflation largely driven by the pandemic. But now, the Internal Revenue Service is investigating whether Maine’s... + más
Want your tax refund ASAP? Here are 5 pitfalls that can delay your check. | CBS News
CBS News USA Business February 08, 2023
The IRS is millions of taxpayers in California, Colorado and other states that issued tax rebates last year to hold off on filing their taxes. The reason: The agency said it is seeking to clarify whether those tax rebates and special refunds are considered taxable income. We... + más
Newsweek USA Nation December 22, 2022
Frequent Venmo, PayPal and other mobile payment service users might see a lower tax refund in 2023, and they could even owe money if they sold taxable goods or services through the platforms in 2022.Part of the American Rescue Plan that President Joe Biden signed into law in... + más
Amazon Venmo Deal: Will Amazon Payments Boost PayPal? | Forbes
Bankruptcy Court Holds EITC Refunds Are Not Exempt From Creditors In Bankruptcy | Forbes
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