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Got an IRS ‘math error’ letter in the mail? Here’s what’s going on
Millions of Americans are finding they owe the Internal Revenue Service more than they thought for their 2020 taxes. The tax agency has sent out some 11 million “math error” notifications to taxpayers, more ...
Congress may change how tax preparers are regulated. Why that matters
Federal Covid-19 relief programs have prompted millions of Americans to file tax returns, some of whom are submitting that information for the first time. While they may turn to tax return preparers for help, ...
Powell: Reversing Fed stimulus too early could be ‘particularly harmful’
Federal Reserve Chairman Jerome Powell said Friday that the U.S. economic recovery appears to be making progress but warned that the central bank needs to be careful not to tighten its policy before enough ...
Supreme Court Allows Evictions to Resume During Pandemic
The Supreme Court's conservative majority is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of the coronavirus pandemic.
...Ida: Economists Foresee Only Modest Damage to US Economy
Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast, but the impact on the overall U.S. economy should be modest ...