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View Comments ALBANY - Starting in July, many New Yorkers will start getting monthly payments for having children age 17 and under. Members of Congress in recent days have been reminding residents that the federal American Rescue Plan, which passed in March, includes the payments starting this summer and encouraging people to file their taxes by the May 17 tax deadline. That way, if you file on time and made less money last year, a resident would be eligible for a larger tax rebate. “Advance monthly payments of the Child Tax Credit will help set up America’s children for success and put more money in the pockets of hardworking parents,” Rep. Antonion Delgado, D-Rhinebeck, Dutchess County, said in a statement. ....
You are using an older browser version. Please use a supported version for the best MSN experience. IRS tax deadline changes with income taxes and payments due May 17 to give taxpayers more time amid COVID Kelly Tyko, USA TODAY Replay Video UP NEXT The Internal Revenue Service is pushing back the tax filing deadline by a month and income taxes and payments will now be due May 17 instead of April 15, the agency and Treasury Department announced Wednesday. The news was first reported by Bloomberg who said the deadline was expected to be in mid-May. The IRS said it will provide formal guidance in the coming days. ....
USA TODAY The Internal Revenue Service is pushing back the tax filing deadline by a month and income taxes and payments will now be due May 17 instead of April 15, the agency and Treasury Department announced Wednesday. The news was first reported by Bloomberg who said the deadline was expected to be in mid-May. The IRS said it will provide formal guidance in the coming days. The delay comes as the IRS is dealing with a massive backlog that has left it unable to fully process roughly 24 million tax filings from individuals and businesses since the 2019 tax year. Taxpayers who file an extension would still have an Oct. 15 deadline. The IRS said the deadline change only applies to federal taxes and payments. State deadlines can vary and are not always the same as the federal filing deadline. ....
Daily Money 03-17-21 usatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usatoday.com Daily Mail and Mail on Sunday newspapers.