Millions of Americans will receive letters from the Internal Revenue Service
this week urging them to file tax returns and claim tax rebates available under
the economic stimulus package.
The mail alerts will continue through March as the IRS promotes the one-time
stimulus payment of $600 (£302) per person who files a return, WebCPA
The payments start in May, alongside an additional $300m payment for children
under the age of 17.
‘These letters are the first step in an extensive outreach effort Treasury
and the IRS will be leading over the weeks ahead to inform qualified Americans
how to get their stimulus payment,’ Treasury secretary Henry Paulson said.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy