Each state in the U.S. has its own income tax laws, which means that remote workers who live and work in a different state than their employer may owe tax in a new state. However, according to a recent poll by the American Institute of CPAs, more than 71% of respondents were unaware of that impact.
The IRS is warning about a new text scam that tricks people into revealing their banking information under the guise of receiving a stimulus payment.
All negotiations for another stimulus bill are on hold until after the election. Both the White House and Democrats are blaming each other for the impasse.
