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Families to receive child tax credit checks


Families to receive child tax credit checks
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Filing your tax return isn t always simple, and this year s process will be different for many.
Posted at 6:43 PM, Jul 15, 2021
and last updated 2021-07-15 23:40:36-04
DENVER — More than half a million Coloradans woke up Thursday morning with extra money in their bank account or extra money on the way. It is the first of six monthly child tax credit payments from the IRS.
Democrats passed this change as part of the stimulus package earlier this year. Parents making less than $150,000 get $250 per month for children 6 to 17 and $300 for children under six. ....

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Teacher who raised money through Facebook - and got a $16,000 tax bill


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Teacher who raised money through Facebook - and got a $16,000 tax bill - is off the hook
Paul Stern, CTMirror.org
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Sometimes one person’s generosity inspires others. For Louis Goffinet, the middle school teacher who accidentally racked up a $16,000 tax bill while raising thousands of dollars to feed his community during the pandemic, this is true three times over.
When news broke last week of Goffinet’s tax bill and his inability to pay, generous souls from all over the country flooded his Mansfield post office box with checks. As of Thursday, he said, he had amassed about $13,000 he can use to cover the bill. ....

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2020 Top 100 People extra: Urgent issues

2020 Top 100 People extra: Urgent issues
accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.

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