There isn't an easy workaround for tax refunds shriveled by inadequate withholding. But Congress provided a potential fix for the tax credits issue in the $900 billion coronavirus relief legislation passed last month: Filers can choose to use their 2019 income to determine their credits rather than their 2020 income.
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Washington Wire
Families Might Soon Discover Smaller-Than-Expected Tax Refunds
There isn’t an easy workaround for tax refunds shriveled by inadequate withholding. But Congress provided a potential fix for the tax credits issue in the $900 billion coronavirus relief legislation passed last month: Filers can choose to use their 2019 income to determine their credits rather than their 2020 income.
INN Magazine
A New Start To An Elusive Rule?
The fiduciary standard was the ideal at the center of the Obama-era Department of Laborâs Conflict of Interest Rule, so much so that it was known as the fiduciary rule.
INN Insider
U.S. Stock Markets Will Continue To Advance
Since March 2020 and supported by major fiscal and monetary stimulus programs, U.S. stock markets have shown a preview of more than 70 percent. Currently, the capitalization value of the S&P 500 is $33.15 trillion; the only other market of similar magnitude in terms of capitalization value is the U.S. Treasury bond market, which totals $20.63 trillion.
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