The 2021 Recovery Rebate Credit was one of three COVID stimulus payments sent to households amid the pandemic. In March 2021, ...
Electric vehicle charging stations can give you money back on your tax bill. If you install any alternative energy charging ...
The money will be directly deposited into eligible people's bank accounts or sent in the mail by a paper check.
Renewing the Tax Cuts and Jobs Act benefits workers and business owners by lowering taxes, increasing incomes, and ...
Additionally, the IRS will send letters to inform recipients about their payments and how the amounts were calculated. The ...
In the case mentioned above The Kolkata Bench of ITAT ruled that Section 68 of the IT Act is applicable when credit is received in the relevant year not for the earlier years.
The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...
The Internal Revenue Service (IRS) announced it will issue automatic payments this month to nearly one million taxpayers who didn’t claim the Recovery Rebate Credit on their 2021 tax returns. These ...