Relief Check Update: 2023 Tax Season, Debt Ceiling, Disability Benefits, and Real Estate Market
The government has recently announced a series of financial relief measures to help individuals and businesses cope with the economic impact of the coronavirus pandemic. These include direct payments to eligible citizens, an extension of unemployment benefits, debt ceiling suspension, disability benefits expansion, and real estate tax breaks.
The IRS is also preparing for the 2023 tax season by providing additional guidance on filing taxes in 2021 as well as other important information. Additionally, there are plans to ease restrictions on house market transactions to make it easier for people who want to buy or sell their homes during this difficult time. All these measures have been designed with one goal in mind – helping individuals and businesses survive financially during the COVID-19 crisis while keeping them afloat until better times arrive.