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The Renewal Communities(RCs), Empowerment Zones (EZs) and Enterprise Communities (ECs) are highly distressed urban and rural communities that may be eligible for a combination of grants, tax credits for businesses, bonding authority and other benefits.
Most taxpayers in the 21 states that sent out stimulus checks or tax rebates in 2022 don’t need to pay taxes on those payments on this year’s federal tax return, the Internal Revenue...
The Upper Manhattan Empowerment Zone Development Corp., also referred to as UMEZ, is a non-profit organization that seeks to revitalize economically deprived communities by using public funds and tax incentives as catalysts for private investment. UMEZ’s mission is to sustain the economic revitalization of all communities of Upper Manhattan ...
Empowerment is the process of obtaining basic opportunities for marginalized people, either directly by those people, or through the help of non-marginalized others who share their own access to these opportunities. It also includes actively thwarting attempts to deny those opportunities.
Most eligible Californians received Middle-Class Tax Refund payments of up to $1,050 in October, but some direct deposits will be made through Nov. 14. Debit card payments will be sent out through ...
In September 2021, Simons, Mercer, and other Renaissance executives agreed to pay up to $7 billion in taxes and penalties to settle the dispute with the Internal Revenue Service. The settlement was among the largest in history.
"The IRS states that you have to pay the lesser of 90% of your current year tax or 100% of the prior year tax -- 110% if last the AGI is greater than $150,000 -- through withholding and/or ...