Remember that April 18 marks the deadline for taxpayers to file their annual returns.
Tax Day is typically April 15, but because that date falls on a Saturday, and due to a Washington, DC holiday on Monday, the filing deadline was pushed to April 18.
As of April 7, the Internal Revenue Service has processed more than 101 million returns. The average refund to taxpayers is $2,878, down from $3,175 at the same time a year earlier.
If you’re scrambling to finish your taxes by midnight Tuesday, here are some reminders of often-forgotten items that might be deductible, so you…
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White House to expand Medicaid, ACA coverage to ‘Dreamers’
The federal government will provide government health insurance to eligible undocumented immigrants brought to the country as children under a new initiative by President Joe Biden’s administration announced Thursday.
The plan will allow people eligible for the Deferred Action for Childhood Arrivals program to use Medicaid, a state-federal program designed for low-income and disabled Americans and get Healthcare.gov marketplace coverage through the Affordable Care Act.
Better known as DACA, the decade-old initiative allows people who were brought into the country illegally as children, often called “dreamers,” to avoid deportation. About 580,000 people are eligible for DACA, according to the Department…