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The Trump administration on Tuesday revealed it is considering a capital gains tax cut as well as other tax-cut proposals as part of a future coronavirus relief bill. President Trump and his allies are also pushing for liability protection for businesses affected by the coronavirus pandemic. “Well run States should not be bailing out poorly …
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President Trump says he prefers that businesses struggling because of the coronavirus pandemic work with lenders — including using bankruptcy protection — to keep afloat, rather than take government aid. Trump told The Post in the Oval Office on Monday that he thought it was “very good” that J.Crew was able to reach a deal …
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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 …
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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 …
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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 …
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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 …
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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 Trump administration on Tuesday revealed it is considering a capital gains tax cut as well as other tax-cut proposals as part of a future coronavirus relief bill. President Trump and his allies are also pushing for liability protection for businesses affected by the coronavirus pandemic. “Well run States should not be bailing out poorly …
