Latest Personal taxes News

President Donald Trump speaks during a meeting with Arkansas Gov. Asa Hutchinson, and Kansas Gov. Laura Kelly, in the Cabinet Room of the White House, Wednesday, May 20, 2020, in Washington. (AP Photo/Evan Vucci)

Senate panel advances Trump pick to head Voice of America

May. 21, 2020 12:50 PM EDT

WASHINGTON (AP) — A bitterly divided Senate panel voted along party lines Thursday to advance President Donald Trump’s choice to head the Voice of America and other U.S. government-funded international broadcasters that have been the subject of harsh criticism from the White House. After rejecting...

FILE - In this April 1, 2020, file photo, a paper envelope written with the words

How to pay rent when you can’t afford it

May. 20, 2020 1:15 PM EDT

After Megan Pearson’s job as a restaurant server was put on hold because of COVID-19 -related stay-at-home orders, the single mom had to figure out how to come up with the rent for her apartment in Brooklyn, New York. “I posted my frustration on Facebook with trying to get through to unemployment...

FILE - In this Dec. 5, 2011 file photo, Yannick Nezet-Seguin, the music director for The Philadelphia Orchestra, poses for a portrait in Philadelphia. Nézet-Séguin’s income from the Metropolitan Opera in his first season as music director was about a quarter of what James Levine earned in his last full season as music director emeritus. His compensation in the 2018-19 fiscal year was $392,152, according to the company’s tax return released Friday. (AP Photo/Alex Brandon, File)

Nézet-Séguin got $392,152 in initial part of 1st Met season

May. 15, 2020 7:41 PM EDT

NEW YORK (AP) — Yannick Nézet-Séguin’s earned $392,152 during his first portion of his first season as the Metropolitan Opera's music director, about a quarter of what James Levine earned in his last full season as music director emeritus. Nézet-Séguin’s compensation in...

FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. The Treasury Department and the IRS are urging taxpayers who want to get their economic impact payments directly deposited to their bank accounts to enter their information online by Wednesday, May 11, 2020. The IRS said that people should use the “Get My Payment” tool on the IRS website by noon on Wednesday to provide their direct deposit information. (AP Photo/J. David Ake, File)

Correction: US-Virus Outbreak-IRS Payments story

May. 12, 2020 11:51 AM EDT
In a story May 11, 2020, about (an IRS deadline for taxpayers to provide their direct deposit information, The Associated Press erroneously reported that the agency announced the deadline on Monday. The announcement was made Friday.
FILE - In this May 7, 2020, file photo President Donald Trump listens during a meeting about the coronavirus response in the Oval Office of the White House in Washington. Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday, May 12. (AP Photo/Evan Vucci, File)

Trump asking justices to bar demands for taxes, bank records

May. 10, 2020 10:03 AM EDT

WASHINGTON (AP) — President Donald Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday in a pivotal legal fight that...

In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. President Donald Trump, Treasury Secretary Steven Mnuchin and now the IRS are urging people who received coronavirus relief payments for a deceased taxpayer to return the money to the government. But legal experts say there is no law requiring people do that. (AP Photo/Eric Gay, File)

Dead taxpayers got relief checks. Can survivors keep them?

May. 7, 2020 8:42 PM EDT

President Donald Trump, Treasury Secretary Steven Mnuchin — and now the IRS — are urging people who received coronavirus relief payments for a deceased taxpayer to return the money to the government. But legal experts say there is no law requiring people do that. Some of the more than 130 million...

In this April 23, 2020, photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. The US government has distributed about 130 million economic impact payments to taxpayers in less than 30 days. The IRS anticipates sending more than 150 million payments as part of a massive coronavirus rescue package. The distribution has had some hiccups, including an overwhelmed website, payments to deceased taxpayers and money sent to inactive accounts. (AP Photo/Eric Gay)

Where's my check? Answers to common relief payment questions

May. 5, 2020 5:01 PM EDT

The US government has distributed about 130 million economic impact payments to taxpayers in less than 30 days. The IRS anticipates sending more than 150 million payments as part of a massive coronavirus rescue package. The distribution has had some hiccups, including an overwhelmed website, payments to deceased...

Illustration by Peter Hamlin.;

How do I get money from the US coronavirus relief deal?

Apr. 30, 2020 2:16 PM EDT

How do I get a relief check as part of the $2.2 trillion economic rescue package? If your tax return shows you earned up to $75,000 in adjusted gross income, you’ll get a $1,200 payout as part of the package to help with the coronavirus pandemic. The payment steadily declines for those making more, phasing...

Editorial Roundup: US

Apr. 29, 2020 5:21 PM EDT

Excerpts from recent editorials in the United States and abroad: ___ April 28 The Los Angles Times on former Vice President Joe Biden's presidential running mate decision: With the Democratic presidential nomination within his grasp, former Vice President Joe Biden must make a decision that presidential...

FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. On Friday, April 17, 2020, The Associated Press reported on stories circulating online incorrectly asserting that one can call a 1-800 number and enter your social security number to check on the status of the relief check the federal government is sending as part of the $2.2 trillion economic recovery bill in response to the coronavirus. The IRS isn’t currently accepting calls by phone because of the coronavirus. The IRS has warned Americans of scam artists who might try to swindle you out of your relief check through fraudulent emails, text messages, websites or social media posts that request your banking or personal information. (AP Photo/J. David Ake, File)

NOT REAL NEWS: More falsehoods around the novel coronavirus

Apr. 17, 2020 2:44 PM EDT

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the facts: ___ CLAIM: Relief checks being sent to U.S. taxpayers by the government under the...