Rich Americans shirk tax obligations as IRS collection efforts fall short, report finds
A group of wealthy taxpayers with an average AGI of more than $1.5 million owed more than $2.4 billion, a report showed.
A group of wealthy taxpayers with an average AGI of more than $1.5 million owed more than $2.4 billion, a report showed.
Layoffs ease as unemployment claims drop to 712,000
The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.
The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.
House passes $1.9 trillion COVID-19 relief bill, Biden expected to sign on Friday
The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.
The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.
Senate approves $1.9T COVID-19 relief bill after all-night session
Senators worked through the night on the $1.9 trillion COVID-19 aid bill and have approved the package with a 50-49 vote. The bill is on track to pass in the House next week.
Senators worked through the night on the $1.9 trillion COVID-19 aid bill and have approved the package with a 50-49 vote. The bill is on track to pass in the House next week.
COVID-19 relief bill: Democrats strike deal on jobless benefits after logjam
Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.
Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.
In hopeful sign for economy, US adds 379,000 jobs in February
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
Unemployment claims climb to 745,000; layoffs still high
The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
'Tax-time surprise': COVID-19 unemployment benefits lead to higher tax bill for unsuspecting filers
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
Now hiring: Busy beach businesses look to bounce back from pandemic closures
Take a quick drive down Gulf Boulevard in Pinellas County and you’ll see a lot of “Help Wanted” signs. Spring break season has brought about an overwhelming hiring need.
Take a quick drive down Gulf Boulevard in Pinellas County and you’ll see a lot of “Help Wanted” signs. Spring break season has brought about an overwhelming hiring need.
House passes $1.9 trillion relief bill, Senate expected to vote next week
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Unemployment claims drop to 730,000; pandemic keeps layoffs high
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
Republicans rally solidly against Democrats' COVID-19 relief package
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
US unemployment claims jump to 861,000 as layoffs stay high
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Did you get the right stimulus check amount? Why you need to know before filing your tax return
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
House panel advances partial COVID-19 relief bill including $1,400 stimulus checks
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
Unemployment claims dip to 793,000; layoffs remain high
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
House passes budget resolution for $1.9T coronavirus relief after Senate's marathon session
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
Employers added 49K jobs last month as US unemployment fell to 6.3%
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
Jobless claims fall to 779,000; layoffs grind on
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.