Earned income tax credit

It’s Getting Worse: The IRS Now Audits Poor Americans at About the Same Rate as the Top 1%

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Every year, the IRS, starved of funds after years of budget cuts, loses hundreds more agents to retirement. And every year, the news gets better for the rich — especially those prone to go bold on their taxes. According to data released by the IRS last week, millionaires in 2018 were about 80% less likely … Read more

Did You Get Paid Unemployment Benefits in 2011? Prepare to Pay the Taxes.

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People are often under the impression that unemployment benefits are not taxable. On face value you’d think that public benefits for unemployment that help you to try to get by would not be taxed. But you’d be wrong. If you were paid unemployment benefits in 2011 and did not opt to have taxes withheld from … Read more