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Inflation decelerated in July, measured by the Federal Reserve’s preferred gauge, though it remained close to its fastest pace since 1982.
The IRS has begun mailing out CP14 notices to millions of taxpayers who have a balance of $5 or more in unpaid taxes, kindly reminding them that the federal government would like its money.
Don't wait to file your tax return. Officials predict a number of services could be delayed because of issues related to the pandemic and budget constraints. The tax filing deadline this year is April 18.
Starting Jan. 1, mobile money apps like Venmo, PayPal and Cash App must report annual commercial transactions of $600 or more to the Internal Revenue Service.
You can get a maximum annual credit of $2,500 per eligible student.