Browsing Tag

tax

More data from banks can fight tax evasion

A man walks past the U.S. Capitol in Washington on June 25, 2020.Al Drago | ReutersThe head of the IRS believes that stricter disclosures by the country's banks could help fill a yawning tax gap and recoup billions in owed revenue.In a…

What You Need to Know About the Child Tax Credit

(People on low incomes - under $ 40,000 a year for unmarried taxpayers and $ 60,000 for married couples - are in need, according to a report by the Congressional Research Service.)Also, some families prefer to get a big refund when filing…