Latest National taxes News

Mayor's order gives immigrants access to city's virus relief

Apr. 7, 2020 11:54 AM EDT

CHICAGO (AP) — Chicago immigrants who do not have legal status in the U.S. are eligible for all relief programs run by the city amid the coronavirus outbreak, Mayor Lori Lightfoot ordered Tuesday. Lightfoot said that includes programs for housing assistance and low-interest small business loans...

FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. When stock markets are rattled by news events, it’s unsettling for any investor — but especially so for those who are retired (or nearly there). The first thing anyone with an investment portfolio should do is make sure it’s properly balanced, taking both income needs and risk tolerance into account. (NerdWallet via AP, File)

Liz Weston: What to do when you can't pay your bills

Apr. 6, 2020 9:00 AM EDT

The economic fallout from the coronavirus pandemic could be profound. Many people are already losing jobs, with unemployment jumping at a record pace. Even those who stay employed may face reduced hours or uncertainty about how long their paychecks will continue. If you’re in a situation where you...

A family burn paper offerings for their departed relatives on the streets of Wuhan in central China's Hubei province on Saturday, April 4, 2020. Authorities are controlling access and limiting the number of people entering cemeteries across China during the annual Qingming festival, also known as the Grave Sweeping Day, a day when Chinese around the world remember their dearly departed and take time off to clean up the tombs and place flowers and offerings, a move to prevent the spread of the new coronavirus outbreak. (AP Photo/Ng Han Guan)

The Latest: Nearly 3,000 released from Sri Lanka prisons

Apr. 4, 2020 11:18 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: , — China reports 30 new coronavirus cases, mostly from new...

President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 2, 2020, in Washington. (AP Photo/Alex Brandon)

Memo: Some in US may not get stimulus checks until August

Apr. 3, 2020 6:08 AM EDT

WASHINGTON (AP) — The federal government expects to begin making payments to millions of Americans under the new stimulus law in mid-April, but some people without direct deposit information may not get checks until mid-August or later, according to a memo obtained by The Associated Press. The document...

In this April 1, 2020, photo, President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. At a time of social distancing,Trump is leaning into his plea to Congress to restore full tax benefits prized by business for fine dining and schmoozing. Trump is seizing on the pandemic crisis to target an item on his wish list: full tax deductions for business meals in restaurants and for other entertainment expenses. (AP Photo/Alex Brandon)

Boost the schmooze? Trump wants tax dining deduction back

Apr. 3, 2020 12:41 AM EDT

WASHINGTON (AP) — It may be an odd gesture at a time of social distancing, but President Donald Trump is leaning into his plea to Congress to restore full tax benefits prized by business for fine dining and schmoozing. Trump is seizing on the pandemic crisis to push for an item on his economic wish list:...

Texas Tavern employees Chris Dobe, left, and Nick Moore wait for take out orders on Monday night, March 30, 2020. Though customers are tipping well, and the diner is still open 24-7, Moore said they are making a quarter to a third less than what they normally do in tips. (Heather Rousseau/The Roanoke Times via AP)

What you need to do to get your government stimulus check

Apr. 2, 2020 3:48 PM EDT

The IRS and the Treasury Department say Americans will start receiving their economic impact checks within the next few weeks. The payments are part of the $2.2 trillion rescue package signed into law last week by President Donald Trump aimed at combating the economic ravages of the coronavirus outbreak. Most...

Albin Kurti, 1st row from right, the newly elected prime minister of Kosovo presents his ministers as the new government was elected in the capital Pristina, Monday, Feb. 3, 2020.  Kosovo's parliament convened on Monday to vote in a new prime minister after four months of talks between the country's two main parties. (AP Photo/Visar Kryeziu)

US opposes Kosovo’s 'new barriers' to Serbian goods

Apr. 1, 2020 11:57 AM EDT

TIRANA, Albania (AP) — The decision of Kosovo's government to phase out the country's 100% tariff on imports from Serbia and Bosnia-Herzegovina starting Wednesday did not ease international pressure on the tiny Western Balkans country and sparked more domestic tensions. Although the United States and the...

Texas Tavern employees Chris Dobe, left, and Nick Moore wait for take out orders on Monday night, March 30, 2020. Though customers are tipping well, and the diner is still open 24-7, Moore said they are making a quarter to a third less than what they normally do in tips. (Heather Rousseau/The Roanoke Times via AP)

What you need to do to get your government stimulus check

Mar. 31, 2020 2:50 PM EDT

The IRS and the Treasury Department say Americans will start receiving their economic impact checks in the next three weeks. The payments are part of the $2.2 trillion rescue package signed into law last week by President Donald Trump aimed at combating the economic ravages of the coronavirus outbreak. Most...

Members of the Rhode Island National Guard, left, and right, greet disembarking train passengers, Monday, March 30, 2020, at Providence Station train station, in Providence, R.I., to provide them with information about the coronavirus and advise them to self-quarantine for 14 days if they are arriving from out of state. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Steven Senne)

Rhode Island extends remote learning to end of April

Mar. 30, 2020 4:55 PM EDT

PROVIDENCE, R.I. (AP) — School children in Rhode Island will continue distance learning through at least the end of April as the state grapples with the growing coronavirus pandemic, Gov. Gina Raimondo announced Monday. Although online attendance rates have been higher than anticipated since the state's...

FILE - In this March 28, 2018 file photo, former U.S. Sen. Tom Coburn speaks at a news conference in Oklahoma City. Coburn has died. He was 72. A cousin tells The Associated Press that he died early Saturday, March 28, 2020. Coburn had been diagnosed with prostate cancer years earlier. The Oklahoma Republican railed against federal earmarking and earned a reputation as a political maverick.   (AP Photo/Sue Ogrocki, File)

Ex-Sen. Tom Coburn, conservative political maverick, dies

Mar. 28, 2020 3:11 PM EDT

OKLAHOMA CITY (AP) — Former U.S. Sen. Tom Coburn was stubborn as a mule and conservative to his core. But the Oklahoma family doctor, known for railing against federal earmarks, didn’t let political differences dictate whom he called friends — even if it didn’t sit well with some of...