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When to file an amended tax return – Macomb Daily

Q: My neighbor mentioned that I-bonds pay 7.12%. What are I-bonds? Why do these bonds pay over 7% when most banks pay close to zero? A: I-bonds are savings bonds guaranteed by the US government. The I stands for inflation-adjusted bonds. The current interest rate is 7.12% and resets every six months on May 1 […]

Owner security

Maple Leaf Center for Action on Food Security commits $600,000 to Prosper Canada

New benefits indicator will allow 100,000 more low-income Canadians to access government benefits, increase their income and reduce food insecurity MISSISSAUGA, ON, February 28, 2022 /PRNewswire/ – The Maple Leaf Center for Action on Food Security (“The Centre”) is contributing $600,000 over three years to help Prosper Canada, a national charitable organization, improve and expand […]

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3 things to know before filing – WPXI

PITTSBURGH — It’s that time of year. We’ve all received our W-2s and 1099s to file our taxes, and this year, more than ever, it’s a good idea not to procrastinate. Channel 11’s Angie Moreschi explains why and has three important things you need to know before you file. Child tax credit confusion If you […]

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Does my child have to file a tax return? Here’s what you need to know

FILE – This Feb. 13, 2019, file photo shows several forms printed from the Internal Revenue Service webpage that are used for 2018 U.S. federal income tax returns in Zelienople, Pa. (AP Photo/Keith Srakocic, File) (NEXSTAR) – With tax season approaching, there’s been a lot of talk about the Child Tax Credit and the impact […]

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Live financial aid updates: Social Security recipients, child tax credit, IRS tax refund filing date…

Securities – A new report from the Fed shows that credit card debt has increased at the highest rate in 22 years in the 4th quarter of 2021 – IRS tax return arrears is estimated at nearly 24 million –13 states saw fewer workers quit their job in December, when only four saw an increase […]

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Lynnwood tobacco shop owner gets 22 months for tax evasion

LYNNWOOD — A local tobacco store owner was sentenced to 22 months in federal prison on Tuesday for tax evasion schemes that defrauded the state of more than $9 million. In January 2019, 45-year-old Tae Young Kim pleaded guilty in US District Court in Seattle to one count of wire fraud and one count of […]

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New Yorkers are encouraged to file electronically using free file software

NEW YORK, NY (NEWS10) – New Yorkers are encouraged to take full advantage of free file software, which can help millions of taxpayers claim valuable tax credits. Eligible taxpayers can save on the cost of hiring a paid tax preparer by using available tax preparation software free of charge on the tax administration website. The […]