Parents have a number of reasons for making gifts to children. First, a parent should have sufficient resources for...
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I lost my 78-year-old parent to COVID-19 in 2021 and want to find out if I am still eligible for the government funeral assistance program. What can you tell me about this? The government program you are referring to is the COVID-19 Funeral Assistance Program administered by the Federal Emergency Management Agency (FEMA). This program is part of the American Rescue Plan, a stimulus package passed in 2021 in an effort to help the country financially manage amid the pandemic. This program, which currently has no termination date, offers up to $9,000 to cover the cost of a funeral for someone who passed away due to COVID-19 as far back as January 2020. Unfortunately, less than half the...
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In IR-2022-127, the Internal Revenue Service announced it is expanding its voice bot options. The new service is focused on taxpayers who would like to set up or modify a payment plan. IRS Commissioner Chuck Rettig noted, "We continue to look for ways to better assist taxpayers, and that includes helping people avoid waiting on hold without having to make a second phone call to get what they need. The expanded voice bots are another example of how technology can help the IRS provide better service to taxpayers." Voice bots are computer software that relies on artificial intelligence. This software helps taxpayers to navigate on a phone call and receive answers to questions. The IRS has...
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