Live updates on monetary and financial news: IRS letter 6475, request for $1,400, child tax credit, tax returns…


Securities

– Substantial economic growth in 2021 means there will be no fourth stimulus check in the near future

Gross domestic product (GDP) increased by 5.7% in 2021, the fastest annual growth since the Reagan administration

– Bipartisan talks continue in Congress on the fate of the Expansion of the child tax credit

– US unemployment falls to lowest rate since start of pandemic at 3.9%

– President Biden on positive economic news: “We are finally building an American economy for the 21st century

– It’s not too late to claim the full value of the extension Child tax credit

– How long do you have to file your taxes for the 2022 tax season?

– Publication of the social security check payment schedule for 2022

— IRS boss Chuck Rettig warns of tax refund delays: “Avoid a paper tax return is more important than ever this year”

You can now use BREAK food stamp benefits at US restaurants

Useful information and links:

Child tax credit

Congress let child tax credit expansion expire in December, cutting payments for millions of families

Social Security

– How to calculate full entitlement to social security benefits

– SSA announces payout structure for retirees?

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