(WETM) – In right now’s “It’s Your Cash”, we talk about Gov. Andrew Cuomo’s govt funds for the 2022 fiscal yr, the IRS asking to file your taxes on-line, stimulus examine scams, and the Mega Thousands and thousands jackpot.
Cuomo’s Govt Finances
Throughout Gov. Cuomo’s State of the State deal with, he talked about how New York is a $15 billion funds hole from COVID-19 associated bills, together with a loss in gross sales tax income.
Governor Cuomo mentioned he needs to legalize leisure marijuana and on-line sports activities betting to extend tax income. Nevertheless, he mentioned how they’d not be sufficient to make up for the funds shortfall.
Gov. Cuomo mentioned New York has been funding different states and paying federal tax {dollars} to subsidize their decrease charges and value of residing.
IRS asks to file taxes on-line
The IRS is asking individuals to file their taxes on-line.
The company continues to be going through a backlog of almost seven million unprocessed paper returns from final yr.
The delay means some individuals nonetheless gained’t see their tax credit till March, however the IRS pays you between 3% – 5% curiosity.
Nevertheless, it does anticipate 9 out of ten e-filers to get their refund inside three weeks.
Stimulus examine rip-off
Some individuals are reporting that they’ve acquired a textual content message to entry their stimulus examine advantages.
The message tells you to click on on a hyperlink, however if you happen to achieve this it lets scammers obtain malware in your cellphone.
Mega Thousands and thousands jackpot grows
Now in rarified territory, an estimated $865 million jackpot is being supplied. It’s the second-largest jackpot within the recreation’s historical past and the third-largest prize in American lottery historical past.
— to www.mytwintiers.com
The post It’s Your Money – Jan. 19 2021 appeared first on Correct Success.
source https://correctsuccess.com/money/its-your-money-jan-19-2021/
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