Internal Revenue Service faces a backlog of 35 million unprocessed tax returns, government watchdog says as pandemic and economic relief efforts combine to overwhelm the agency and force some people spending hours chasing overdue repayments. The National Taxpayer Advocate (NTA) submits two reports to Congress each year: an annual report, submitted in January, and...
Read MoreJeffrey Coolidge | Getty Images Rising inflation is a concern for Kevin Linehan, 68, a retiree from Fitchburg, Massachusetts. After a heart attack at the age of 44, Linehan left his career in the postal service prematurely, opting for reduced disability retirement income. “It wasn’t the best financial thing to do,” he said. “But...
Read MoreIn short The latest results from the MLPerf benchmarking consortium, plotting the best chips to train the most popular neural networks, have been released, and a new player has entered the game: Graphcore. Each version of MLPerf is pretty standard. A sprawling spreadsheet records the time it takes for various systems to train or...
Read MoreFinancial services giant Intuit this week informed 1.4 million small businesses using its QuickBooks Online Payroll and Intuit Online Payroll products that their payroll information will be shared with the big three consumer credit bureaus Equifax from later this year, unless customers opt out by the end of this month. Intuit says the change...
Read MoreLONDON (Reuters) – Associated British Foods on Thursday raised the full-year profit outlook for its Primark fashion business after sales at stores that reopened after COVID-19 closures in its last quarter were exceeded management expectations in all markets. The group said Primark’s third-quarter revenue was 1.6 billion pounds ($ 2.2 billion) through June 19...
Read MoreThe Signature Select Canadian Fund (Trades, Portfolio), part of Canadian firm CI Investments, revealed this week that its top four trades in the six months ending March 2021 included new purchases in Galaxy Digital Holdings Ltd. (TSX: GLXY, financial), Royal Bank of Canada (TSX: RY, financial) and CI Global Financial Sector ETF (TSX: FSF.TO,...
Read MoreThe Internal Revenue Service is partnering with nonprofit organizations, churches, community groups and others in 12 cities to help eligible families, especially those who do not normally file federal income tax returns, to 2020 tax return or monthly advance registration. Child Tax Credit (AdvCTC) payments using the new registration tool for non-filers. This tool,...
Read MoreGRAND RAPIDS, Mich. (WOOD) – It’s been said before that the more money you have, the more problems there are. But studies show that the opposite is the real problem! This is what we are discussing today with Gary Mattson and Laurel Steward of Mattson Financial Services are in the studio today discussing the...
Read MoreNEW YORK, June 23, 2021 / PRNewswire / – To help streamline and consolidate all of its regulatory commitments for business reporting, Bayerische Landesbank (BayernLB) has selected Broadridge Financial Solutions, Inc. (NYSE: BR), a global leader in FinTech, to manage its regulatory reports on trade and transactions. BayernLB will use Broadridge’s multi-asset class, multi-jurisdictional...
Read MoreTerri Friedline is an associate professor of social work at the University of Michigan. Ameya Pawar is Associate Lecturer in the Crown School of Social Work, Policy and Practice at the University of Chicago. This story originally appeared in The conversation. About a quarter of census tracts with a post office do not have...
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