More Unemployment Tax Refunds Coming, IRS Says

The Internal Revenue Service says it’s not done issuing refunds for tax paid on COVID unemployment benefits. Another 1.5 million taxpayers are now slated to get refunds averaging over $1,600 as part of the IRS adjustment process in the wake of recent legislation.… Read more about More Unemployment Tax Refunds Coming, IRS Says (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Explains Educator Expense Deduction

The Internal Revenue Service has long allowed educators to deduct part of the cost of supplies and other expenses from their taxes. The total deduction allowed may not sound like much, but educators all over the U.S. have come to depend on this tax break for a little relief.… Read more about IRS Explains Educator Expense Deduction (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…