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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

NTA Blog: 2021 Filing Season Bumps in the Road: Part I

Thu, Apr 22, 2021

The post NTA Blog: 2021 Filing Season Bumps in the Road: Part I appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Early information about Advanced Child Tax Credit payments under the American Rescue Plan Act

Tue, Apr 20, 2021

The post TAS Tax Tips: Early information about Advanced Child Tax Credit payments under the American Rescue Plan Act appeared first on Taxpayer Advocate Service. ...

NTA Blog: Taxpayers may file a 2020 superseding return changing their joint filing election to receive the third economic impact payment

Tue, Apr 20, 2021

The post NTA Blog: Taxpayers may file a 2020 superseding return changing their joint filing election to receive the third economic impact payment appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Recovery Rebate Credit and Economic Impact Payment information you might need to know

Thu, Apr 15, 2021

The post TAS Tax Tips: Recovery Rebate Credit and Economic Impact Payment information you might need to know appeared first on Taxpayer Advocate Service. ...

NTA Blog: Most Taxpayers Needing a New ITIN Are Prohibited From Filing Electronically, Causing Unnecessary Refund Delays

Tue, Apr 13, 2021

The post NTA Blog: Most Taxpayers Needing a New ITIN Are Prohibited From Filing Electronically, Causing Unnecessary Refund Delays appeared first on Taxpayer Advocate Service. ...

Blog de la NTA: La mayoría de los contribuyentes que necesitan un nuevo ITIN están prohibidos de presentar electrónicamente las declaraciones, lo que causa demoras innecesarias en el reembolso

Tue, Apr 13, 2021

The post Blog de la NTA: La mayoría de los contribuyentes que necesitan un nuevo ITIN están prohibidos de presentar electrónicamente las declaraciones, lo que causa demoras innecesarias en el reembolso appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Don’t miss out on any 2017 unclaimed refunds – file before May 17

Tue, Apr 06, 2021

The post TAS Tax Tips: Don’t miss out on any 2017 unclaimed refunds – file before May 17 appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Certain noncorporate taxpayers may qualify for estimated tax penalty relief for tax year 2019

Wed, Mar 31, 2021

The post TAS Tax Tips: Certain noncorporate taxpayers may qualify for estimated tax penalty relief for tax year 2019 appeared first on Taxpayer Advocate Service. ...

NTA Blog: Taxpayers, Bankruptcy, and the Statutory Notice of Deficiency

Wed, Mar 31, 2021

The post NTA Blog: Taxpayers, Bankruptcy, and the Statutory Notice of Deficiency appeared first on Taxpayer Advocate Service. ...

Blog de la NTA: Los contribuyentes, la bancarrota y el Aviso estatutario de deficiencia

Wed, Mar 31, 2021

The post Blog de la NTA: Los contribuyentes, la bancarrota y el Aviso estatutario de deficiencia appeared first on Taxpayer Advocate Service. ...

News

Dow tumbles 321 points on Biden's capital gains tax hike plan

U.S. equity markets turned sharply lower Thursday afternoon following a report that the Biden administration is mulling increasing the capital gains tax....

AT&T's revenue rises as wireless unit, HBO add customers

AT&T reported a first-quarter profit of about $7.5 billion, up from $4.6 billion a year earlier, showing a focus on growth as the economy starts to bounce back from the effects of the pandemic....

American Airlines posts $1.25B loss, delays new jets

American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it waits for air travel to recover from the ...

US airline bailout helps Southwest post $116M profit

With help from Washington, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started....

Earth friendly ETFs for climate change, sustainable investing

ETFs for Earth Day as the growing popularity of socially responsible investment strategies continues to grow unabated....

Stock futures trade lower ahead of economic data

The latest jobless claim and existing home sales could steer the direction of trading...

Sidestepping taper talk, ECB to stick to stimulus plans

The bank is pinning borrowing costs near record lows via massive bond purchases to see the euro zone through a scarring recession...

Texas wind farms sue Citigroup over charges from winter storm

A Canadian renewable energy firm on Wednesday sued Citigroup Inc (NYSE:C) for rejecting force majeure declarations during a February winter storm and billing it over $100 million for replacement po...

Credit Suisse's exposure to Archegos Investments grew to more than $20 billion

Credit Suisse Group AG amassed more than $20 billion of exposure to investments related to Archegos Capital Management, but the bank struggled to monitor them before the fund was forced to liquidat...

Consumer Reports no longer recommends Peloton as clash between tread company and feds boils over

Consumer Reports has pulled its recommendation for the Peloton “Tread+” treadmill after the Consumer Product Safety Commission issued a safety warning, the product testing nonprofit confirmed on We...