Oregon State

Child Tax Credit – How Much Families Can Receive Monthly. Navigating the Expanded Child Tax Credit – Rules and Eligibility Explained. According to the article of CNET, starting July 15, families began receiving monthly Child Tax Credit payments until December 2021. Children under 6 could get up to $300/month, and those aged 6 to 17 up to $250/month. The remainder of the credit will be distributed during the 2022 tax season. Dependents aged 18 or older won’t receive monthly payments but could qualify for a $500 one-time payment next year if claimed. Full-time college students aged 19 to 24 can also receive this $500 credit if they live in the same household.

$300 Monthly: Child Tax Credit Explained for Families in 2021 – Must Know!

The IRS is opening a new front in its campaign to tighten tax enforcement, the latest step the agency is taking after it received a $60 billion pot of extra funding earlier in the Biden administration. The administration is launching a regulatory campaign focused on businesses set up as partnerships,...

IRS launches crackdown on business taxes

GOBankingRates

Do you know which states across America are the most affordable states to live in without any income tax? Trending Now: Here's How Much the Definition of Rich Has Changed in Every State Try This: How...

9 Cheapest States To Live in With No Income Tax

Fox Business

The IRS said that it levied a record $7 billion in penalties against taxpayers last year, mostly targeting individuals who underpaid heir estimated taxes.

IRS penalties on American taxpayers surged nearly 300% last year

Daily Mail

The astonishing level of unanswered calls to the IRS has been revealed.

Taxpayers are furious that only a small percentage of IRS calls get answered - and it is getting worse

Starting on July 15, 2024, the IRS will distribute monthly Child Tax Credit Stimulus Payments to eligible families. July 15, 2024: The Start of CTC Stimulus Monthly Payments. The IRS will begin distributing the Child Tax Credit (CTC) Stimulus Monthly Payments for 2024 on July 15. This change means families will get help sooner than in past years, according to the report of JK Dears.

$300/month for Kids Under 6, $250/month for Kids 6-17: IRS Begins Monthly Child Tax Credit Stimulus Payments

Frenzied discussions are circulating a potential Internal Revenue Service (IRS) stimulus payment that could put $8700 in the pockets of American families. With charitable interpretations of recent tax law adjustments at play, it is essential to disentangle fact from hopeful fiction. This analysis offers a granular look at the situation unfolding across the nation.

Is the IRS Really Giving an $8700 Stimulus Check to Americans?

The US Sun

AMERICAN taxpayers may still be eligible for a $1,400 stimulus payment. The federal government launched a stimulus program during the coronavirus pandemic to provide economic relief. Although most Americans received their payments in 2020 and 2021, those who missed out can still claim the Recovery Rebate Credit. The credit is refundable and is awarded to […]

Americans can still get $1,400 extra payment from the IRS – the three criteria you must meet to be eligible for funds

USA TODAY

The program mentioned in the social media posts was part of the American Rescue Plan and ended in 2021.

IRS advance child tax credits from 2021 not returning in 2024 | Fact check

Many seniors are unsure about their tax responsibilities. Particularly concerning Social Security income. It's commonly questioned when they may stop filing taxes on these benefits. Those whose sole income is Social Security likely don't need to file a federal income tax return. Senior citizens, especially, have distinct guidelines to consider....

When Are Senior Citizens Exempt from Filing Taxes on Social Security Income?

The IRS will deny billions of dollars' worth of claims for a pandemic-era tax break while working to process lower-risk filings. Enacted to support small businesses during the Covid-19 pandemic, the employee retention credit, or ERC, is worth thousands of dollars per eligible employee. However, the IRS paused processing new...

IRS to reject billions of dollars in ‘improper’ pandemic-era small business tax credit claims

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Heidi Lothringer

The Child Tax Credit monthly payments began and ended in 2021. Don't fall for this scam. Recently, a post circulating online has caused quite a stir with claims about a new Child Tax Credit (CTC) monthly payment program set to begin in July 2024. According to this post, the IRS will deposit $300 monthly for children under six and $250 monthly for those aged six to seventeen. However, it's important to know that this information is false and misleading. Here's what you need to know:

Are you getting this monthly payment every month from the IRS? No, you're not, it's not real.

If you’re waiting to hear back from the IRS about Employee Retention Credit (ERC) claims, you may have to wait a little longer. The IRS has completed an analysis of more than 1 million ERC claims and found that the “vast majority” are suspect. As a result, it’s continuing the moratorium it placed on ERC claims in September 2023, and plans to deny “tens of thousands” of claims that it’s classified as “high-risk.”

IRS to deny ‘tens of thousands’ of dubious ERC claims

The IRS has decided to permanently implement its Direct File electronic filing system following a successful pilot, aiming to provide a no-cost option for straightforward tax filers while facing criticism over concerns about IRS control and potential future changes. IRS Makes Direct File Permanent Despite Controversy and Debate. According to...

$90 Million in Refunds and $5.6 Million in Savings: IRS Makes Direct File Electronic Filing System Permanent – What You Need To Know!

FinanceBuzz

Now is the time to make sure your tax return for 2025 is better than it was this year.

9 Things You Can Do Right Now for a Bigger Tax Return in 2025

Reading, PA

Mahanoy City, PA

The Shenandoah (PA) Sentinel

MAHANOY CITY – Two members of a motorcycle club were convicted on federal charges, accused...
The post Convicted motorcycle club members orchestrated ‘brutal’ home-invasion in Mahanoy, feds say first appeared on The Shenandoah Sentinel.

Convicted motorcycle club members orchestrated ‘brutal’ home-invasion in Mahanoy, feds say

Washington State

Auburn, WA

A lucky lottery player in Washington state recently won a $1.3 jackpot – but the prize remains unclaimed a week after the drawing. Washington's Lottery hopes people check their tickets.

Million dollar lottery ticket unclaimed in Washington state

Arkansas State

While you may pay federal taxes on your Social Security benefits, many states don’t tax them. Here are the 41 states you may want to consider for retirement.

41 States That Don't Tax Social Security

Georgia State

Douglas, GA

Daily Coffee Press

A 29-year-old, Travis Eugene Brinson Jr., who was arrested in March, has been sent back to prison just almost ten months after his release. Court documents show that Brinson Jr. was taken into custody on March 4, 2024, on one count of possession of a firearm by a convicted felon. A copy of the arrest warrant states that Brinson Jr. was in possession of a firearm that night between 8:15 p.m. and 8:30 p.m. at a residence on MLK Drive.

Convicted Felon in Georgia Sent Back to Prison for Ilegall Firearm Possession

KOBI-TV NBC5

NewsBreak

Oregon newest state to join new IRS free tax program for 2025

OREGON – Oregon is going all in on the IRS’ new free tax program to allow taxpayers to file directly with the service. The IRS tested...

Oregon newest state to join new IRS free tax program for 2025

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