Separate studies done by the University of Michigan and the University of Columbia independently show that the advance monthly payments of this year's Child Tax Credit have reduced childhood poverty.
The federal income tax extension filing deadline is Oct. 15. Those filers who needed more time to complete their returns had to file Form 4868 with the IRS earlier in the year to request an extension.
Thrifting, also known as secondhand shopping, has always been a popular way to find quality items at discounted prices. However, in recent years, thrift shopping is now booming thanks to Gen Zers.
In light of unprecedented circumstances, the IRS extended the tax deadline to May 17 this year after millions of Americans had difficulty filing on time, as pandemic-related restrictions or.