Identity Thieves Targeting Unemployment Benefits, Warns IRS

The nation has been weathering nearly one million weekly initial unemployment claims since the beginning of the pandemic. For many qualifying Americans, unemployment insurance benefits are the only thing preventing food insecurity and homelessness while trying to find a new job. Unfortunately, some still have not received their benefits.… Read more about Identity Thieves Targeting Unemployment Benefits, Warns IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Unemployment Recipients May Not Know Their Benefits Are Taxable

The Department of Labor reported a staggering 75.9 million initial unemployment insurance benefits claims from January 5, 2020 to January 2, 2021. The number of weekly claims spiked in March, underscoring the devastating financial impact of the COVID-19 pandemic and creating millions of first-time unemployment recipients who might not realize that those benefits are taxable.… Read more about Unemployment Recipients May Not Know Their Benefits Are Taxable (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Employers Can Get Tax Credits for Providing Required COVID-19 Paid Leave

Small and midsize companies have been particularly hard hit over the past year by COVID-19. And while those employers been stretched to their limits by paying out large sums for sick leave and family leave due to the pandemic, some help is available.… Read more about Employers Can Get Tax Credits for Providing Required COVID-19 Paid Leave (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…