Americans have just one month to claim $781 tax refund – SILive.com
Staten Island, New York – More than 1 million Americans who have never filed a 2021 return have only another month to claim a potential refund of over $700. Earlier this month, the Internal Revenue Service reminded the approximately 1.1 million Americans who did not file returns for the 2021 tax year that only returns […]
1 in 5 people are missing out on Earned Income Tax Credit worth $7,830; here’s what to know – SILive.com
If you are a low- or middle-income person, you may qualify for hundreds or thousands of dollars on your 2024 tax refund through the Earned Income Tax Credit (EITC). However, one in five eligible taxpayers missed out on charging a credit, according to the IRS. As of December 2024, approximately 23 million workers and families […]
IRS announces start date for 2025 tax-filing season: What you need to know – SILive.com
The 2025 tax filing season is scheduled to begin in just a few weeks, on Monday, January 27, according to a recent announcement from the agency. Internal Revenue Service (IRS). With more than 140 million tax returns for the 2024 tax year expected to be filed ahead of the federal deadline of Tuesday, April 15, […]
Cops, firefighters and teachers to receive higher Social Security payments – SILive.com
WASHINGTON — THE PRESIDENT joe biden On Sunday, the following bills are scheduled to be signed: increase social security payments affect current and former public servants; Approximately 3 million people These are people who received pensions while working as teachers, firefighters, police officers, and other public servants. Supporters say the Social Security Fairness Act would […]
N.Y. offering $2.3B in property tax relief: What homeowners need to know – SILive.com
STATEN ISLAND, N.Y. — Gov. Kathy Hofkal on Thursday touted New York state's efforts to provide $2.3 billion in tax relief to nearly 3 million state residents through the School Tax Relief (STAR) program. Hawkle highlighted these ongoing efforts, noting that more than two million residents have already received tax cuts, with nearly one million […]
Social Security COLA increase: How much more might recipients get in 2025? – SILive.com
STATEN ISLAND, N.Y. — Nearly 70 million Americans receiving Social Security benefits are expected to see the smallest increase in their monthly benefits since before the COVID-19 pandemic. Each year, Social Security benefits are subject to an annual cost-of-living adjustment (COLA) based on the rate of inflation to ensure that your monthly payment keeps up […]