Internal Revenue Service – Page 8

Did Biden Find Reasonable Middle in Debt Limit Deal or Give Away Too Much?

The deal to raise the debt ceiling bolsters President Biden’s argument that he is committed to bipartisanship, but it comes at the cost of rankling many in his own party.

Takeaways From the Spending and Debt Ceiling Deal

Details are trickling out about the accord that could avert a default on the national debt. Here’s what to know.

401(k) Hardship Withdrawals Tick Up as Inflation Stays High

Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security.

Investors See Hope for a Debt Limit Deal

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.

How the Employee Retention Tax Credit Became a Magnet for Fraud

The Employee Retention Credit has spawned a cottage industry of firms claiming to help businesses access stimulus funds, often in violation of federal rules.