May 15, 2020

Politico Morning Tax:STATESIDE JOCKEYING CONTINUES

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One key element of the latest legislation would provide $1,200 in direct stimulus payments to individuals including those with Individual Taxpayer Identification Numbers, building on an initial round of payments that was more restrictive. It would also retroactively expand those first payments to ITIN holders, which would permit the benefit for more than 4.3 million adults and 3.5 million children who’ve been excluded, according to estimates from the Institute on Taxation and Economic Policy. Read more



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