Tag: domestic politics

From stimulus checks and bitcoin to mask write-offs — read this checklist before the tax filing deadline on May 17

If taxes are a certainty in life, so are the people who wait until the last minute to file. Well, that last minute is getting...

One culprit in the IRS backlog of 1.7 million tax returns? Broken printers and copiers, watchdog report says

Long-languishing 2019 tax returns and tardy tax refunds are being held up partly because of a shortage of working printers and copiers at Internal Revenue...

Facebook oversight board upholds ban on Trump’s account, but says company must clarify penalty

Facebook’s oversight board upheld the company’s decision to restrict former President Donald Trump’s access to to Facebook and Instagram on Wednesday, but said that the...

Facebook oversight board to decide whether to reinstate Trump account Wednesday

Facebook’s oversight board will issue a ruling Wednesday morning on the social media network’s decision to ban former President Donald Trump from Facebook and Instagram...

New York City sets goal to reopen fully on July 1: De Blasio

Mayor Bill de Blasio announced Thursday morning that New York City will set a goal to ‘fully reopen’ on July 1, citing the city’s strong...

Joe Biden has been pitching free community college since the Obama administration — can he now make it a reality?

During his state of the union address in 2015, then-President Barack Obama pitched Congress and the American public on what he described as a “bold...

The government promised to forgive military members’ student loans after 10 years of service — it’s only worked for 124 of them

Almost 3 million people are employed by the Department of Defense, many of whom are performing a quintessential form of public service: Serving in the...

Homeowners’ new safety net leaves many at risk

As the federal government hastily stitches together a new safety net for struggling homeowners, housing advocates fear the relief may come too late for some...

Germany’s federal election may be the Georgia Senate race of the autumn

When the U.S. Senate surprisingly fell into Democratic hands after the Georgia runoff race, the financial market impact was monumental. The move was most obviously...

Coinbase CEO Brian Armstrong raised more than $290 million with share sales, and Fred Ehrsam raised nearly $112 million

Coinbase Global Inc. co-Founders Brian Armstrong and Fred Ehrsam, as well as other insiders, raked in a whole lot of fiat money when the cryptocurrency...

Cannabis-banking bill approved by House; future in Senate uncertain

Marijuana-related businesses would have one industry obstacle — access to the U.S. banking system — made less burdensome under a bill that passed the House...

More than 3 million people have died of COVID-19 and more than 140 million have been infected

The global death toll from the coronavirus-borne illness COVID-19 climbed above 3 million on Saturday and the case tally rose above 140 million, a day...

April 15 is not tax day in 2021, but it’s still a crucial deadline for some taxpayers — are you among them?

But the words normal and typical don’t seem to apply to anything these days, and this year’s tax season is no exception. So the simple...

How do you compete with home buyers who can pay in all cash? Skip inspections and appraisals

Alissa Resnick and Brett Banhazl’s experience buying a home will sound familiar to many Americans negotiating today’s housing market. The married couple began seriously searching...

Netflix and Uber support U.S. voting rights, while fighting their own investors’ pushes for more democratic practices

Netflix Inc., Uber Technologies Inc. and some of the hundreds of big companies that signed a statement Wednesday speaking up against voting-rights restrictions oppose shareholder...

Expecting another refund after the IRS calculates the $10,200 unemployment tax break? You might want to do more than just wait

The Internal Revenue Service says it will automatically readjust tax returns and issue extra refunds for people who already filed their taxes before a valuable...

When can I deduct business meal and entertainment expenses under current tax rules?

The federal income tax treatment of business-related meal and entertainment expenses has been a moving target. If you’re confused about what rules currently apply, I...

New York officially approves legal online sports betting

New York state has announced it approved a budget for its fiscal year 2022 that would allow for legal online wagering in the state for...

Most people couldn’t correctly answer this pandemic-related tax quiz. Can you do better?

The pandemic’s economic fallout is putting people’s tax knowledge to the test, and they’re not passing with flying colors. A new survey indicates that many...

Taxpayers won’t have to file extra paperwork to get this valuable unemployment tax break, IRS confirms

The Internal Revenue Service has an important message for people who already filed their 2020 taxes before a valuable tax break became law. Don’t do...

Biden ‘heartbroken’ over Friday’s U.S. Capitol attack, orders flags at half-staff to honor slain officer

While most members of Congress were away from the Hill on Friday, news of a second violent incident at the Capitol complex in less than...

Marco Rubio backs Amazon union push, cites company’s ‘culture wars’

Amazon warehouse workers in Alabama got a surprise ally in US Sen. Marco Rubio, with the conservative lawmaker revealing on Friday that he supports their...

‘A life-changing achievement’ — what the $1.9 trillion COVID bill means for families with kids

America’s families with children are one step closer to a cash infusion that could potentially lift millions of kids out of poverty and be the...

Minneapolis agrees to pay $27 million to settle George Floyd lawsuit

MINNEAPOLIS (AP) — The city of Minneapolis on Friday agreed to pay $27 million to settle a civil lawsuit from George Floyd’s family over the...

PRO Act, called ‘most important labor legislation in several generations,’ passes House

The U.S. House of Representatives on Tuesday passed the PRO Act, which supporters called the most significant labor legislation in decades and opponents characterized as...