Tax relief

The service is providing relief to most individual and business taxpayers who filed their 2019 or 2020 returns late due to the pandemic.

The IRS is granting postponements to St. Louis and a number of nearby counties.

More than half of U.S. states are using record budget surpluses to fund their biggest collective tax break in decades.

Small business owners have been hampered by complicated tax forms and processes that kept them from claiming pandemic-related tax credits and payroll tax deferrals.

The IRS announced extensions for any area designated by FEMA.

The service had to set up the online portal quickly to allow parents to claim advance payments, but the rollout had some hiccups and over 1,300 taxpayers suffered ID theft.

The institute sent a letter to House lawmakers urging them to include a disaster provision in a bipartisan retirement bill that’s already part of the Senate version of the legislation.

The relief is only available for jointly filed income tax returns, according to the Tax Court.

The president said he’s aiming to decide this week whether to move to suspend the federal gasoline tax.

New Jersey will expand its planned property-tax relief program, providing more than $2 billion to more than 2 million households, Governor Phil Murphy said.