The American Rescue Plan Act, which Democrats passed in March, waived federal tax on up to $10,200 of unemployment benefits, per person, collected in 2020. Congress hasn't passed a law offering a ...

The nonprofit hospital sector’s tax exemptions provide billions in estimated benefits, but about half of those exemptions are enjoyed by just a couple hundred hospitals, according to a newly published ...

Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Focusing on bringing growth to small businesses, she is passionate about ...

Employers and employees continued to adjust to a new world of work in the shadow of the COVID-19 pandemic this past year. Employers seemed up to the task, launching new and improved benefits that ...

The Child Tax Credit is a near-universal benefit for families with children. Each year, it lifts millions of children out of poverty. Adding income to low- and middle-income families has been shown to ...

Did you collect jobless benefits in 2021? Then you're going to need to sit back and wait to file your federal income tax return until you make sure you have all the right numbers in hand. The deadline ...

Tax was withheld on just 40% of total unemployment benefits paid in 2021, roughly the same share as 2020, according to Andrew Stettner, a senior fellow at The Century Foundation. Recipients who opted ...