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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

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The Tax Adviser

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Taxpayer Advocate Service

Changes related to the Earned Income Tax Credit on 2020 Tax Returns May Mean More People Qualify

Thu, Jan 14, 2021

The post Changes related to the Earned Income Tax Credit on 2020 Tax Returns May Mean More People Qualify appeared first on Taxpayer Advocate Service. ...

Blog de NTA: Defensora Nacional del Contribuyente publica el Informe Anual 2020 al Congreso

Thu, Jan 14, 2021

The post Blog de NTA: Defensora Nacional del Contribuyente publica el Informe Anual 2020 al Congreso appeared first on Taxpayer Advocate Service. ...

NTA Blog: National Taxpayer Advocate releases 2020 Annual Report to Congress

Thu, Jan 14, 2021

The post NTA Blog: National Taxpayer Advocate releases 2020 Annual Report to Congress appeared first on Taxpayer Advocate Service. ...

National Taxpayer Advocate Releases Annual Report to Congress and “Purple Book”

Wed, Jan 13, 2021

The post National Taxpayer Advocate Releases Annual Report to Congress and “Purple Book” appeared first on Taxpayer Advocate Service. ...

Report your virtual currency transactions

Mon, Jan 11, 2021

The post Report your virtual currency transactions appeared first on Taxpayer Advocate Service. ...

Get an Identity Protection PIN to protect yourself from tax-related identity theft

Fri, Jan 08, 2021

The post Get an Identity Protection PIN to protect yourself from tax-related identity theft appeared first on Taxpayer Advocate Service. ...

Second round of Economic Impact Payments have begun

Tue, Jan 05, 2021

The post Second round of Economic Impact Payments have begun appeared first on Taxpayer Advocate Service. ...

Taxpayers who don’t itemize can take a special $300 charitable contribution deduction on 2020 tax returns

Mon, Jan 04, 2021

The post Taxpayers who don’t itemize can take a special $300 charitable contribution deduction on 2020 tax returns appeared first on Taxpayer Advocate Service. ...

NTA Blog: Happy New Year!

Tue, Dec 29, 2020

The post NTA Blog: Happy New Year! appeared first on Taxpayer Advocate Service. ...

Taxpayer Advocate offices to share pre-filing tips at virtual events in January

Mon, Dec 28, 2020

The post Taxpayer Advocate offices to share pre-filing tips at virtual events in January appeared first on Taxpayer Advocate Service. ...

Fox Business

Stocks drop as banks, energy names cap a losing week

Fri, Jan 15, 2021

U.S. stocks capped a losing week after President-elect Joe Biden’s proposed $1.9 trillion COVID-19 relief package underwhelmed investors....

Biden's environmental plan supercharges Tesla, rivals

Fri, Jan 15, 2021

Tesla will continue to lead the pack of U.S. automakers as the incoming Biden administration provides a tailwind for the electric vehicle business, according to one Wall Street analyst....

JPMorgan revenue spikes as COVID-19 relief soothes economic pain

Fri, Jan 15, 2021

Congressional action on a second coronavirus-relief package and the development of vaccines to treat the deadly disease enabled the lender to free $2.9 billion in loan reserves...

Stocks moving lower following Biden's proposed $1.9T-recovery package announcement

Fri, Jan 15, 2021

U.S. equity futures are trending lower hours before the opening bell Friday after President-elect Joe Biden announced his plans to propose a $1.9 billion package to help along a recovery from the coronavirus pandemic. Biden spoke about the plan after Thursday’s market close....

Oil prices mixed Friday as concerns arise over Chinese Covid lockdowns

Fri, Jan 15, 2021

Oil prices were mixed on Friday as strong import data from China, the world’s biggest crude importer, that boosted sentiment earlier ran into concerns about Chinese cities in lockdown due to coronavirus outbreaks....

Delta CEO: Coronavirus vaccine could restore profitability by summer

Thu, Jan 14, 2021

The coronavirus pandemic dealt a major blow to the travel industry, with airlines losing billions of dollars since the outbreak....

Stocks slide ahead of Biden's $1.9T coronavirus stimulus plan

Thu, Jan 14, 2021

U.S. equity markets lost steam Thursday as traders awaited details of President-elect Joe Biden’s proposed COVID-19 relief package....

Virgin Galactic shares blast higher as space-themed ETF set for launch

Thu, Jan 14, 2021

Virgin Galactic Holdings shares surged Thursday following news a space-themed actively managed exchange-traded fund will launch later this year....

Poshmark, Petco soar in IPO debuts ahead of Oatly

Thu, Jan 14, 2021

After 2020 proved to be a banner year for IPOs, with companies like Airbnb and DoorDash going public, that trend is expected to continue in 2021....

American Airlines tells pilots: take vaccine on your own time

Thu, Jan 14, 2021

The Federal Aviation Administration has said pilots and controllers must not fly or conduct safety-related duties for 48 hours after receiving a COVID-19 vaccine....