tax

With over 20 million having recently lost work, scammers could swallow lots of stimulus checks. They tell you that there’s a wonderful job waiting for you. Just fill out a form and send money. Often there’s no real job. Phony offers snag thousands, regulators and employment pros warn. “These scams are everywhere. Job scams are …

Dear John: As you know, driving for a living has always been tough. But now, it’s tougher than ever. I had a small service, but as Uber came in, I started driving more and more for it until I was doing it full time. I’ve driven with Uber for almost seven years — over 13,000 …

An IRS glitch appears to be stopping Americans who broke even on their latest tax returns from speeding up their coronavirus stimulus checks. Millions of people file federal income tax returns without owing extra money or getting a refund. Yet this group claims the Internal Revenue Service has forgotten to include them in its online …

Millions of Americans — especially those who use income tax preparers such as H&R Block and TurboTax — are still waiting for their promised stimulus checks, according to a report Thursday. While many did find their $1,200 check deposited into their accounts by the IRS on Wednesday, millions of others were greeted with the words …

Dear John: I’ve driven for Uber the last few years, and in the past, when it gave me my 1099 tax form, my “gross earned income” was the exact amount that was deposited into my checking account over the calendar year. This year, an anomaly has occurred. My bank deposits for 2019 add up to …

A Brooklyn taxi operator who got his first medallion in the 1970s has filed for bankruptcy as the coronavirus ravages an already struggling industry, The Post has learned. Joe Pross, who started driving a taxi in 1975 and now runs a fleet of 42 cabs, filed for Chapter 11 bankruptcy protection for his Crown Heights-based …

Sen. Chuck Grassley speaks in Washington, D.C., September 4, 2018. The office of Senator Chuck Grassley on Tuesday panned House Speaker Nancy Pelosi’s push to repeal the cap on state and local tax deductions in the next coronavirus relief bill. The SALT deduction cap, which was implemented in 2018 as part of the Republican-led tax …

The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification waiving GSTR-1 for Persons who could not opt for Composition Scheme till 7th March 2019. As per the 39th GST Council meeting, it was decided that the requirement of furnishing FORM GSTR-1 for 2019-20 should be waived for taxpayers who could not …