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fm4EE%hk~e`F|Z]уYj.Nb BMI͓4.X}95v1.tvK;_[V(Mo _̈@͇>>hrwS5tDYp}5Ȉ%˫dZQu . [v;qS^v뢲c)SS ,cYKY{NЄ9jT Juߓj*LͫBB¸J72{遇ЗoAP News Summary at 4:24 p.m. ESTBy SUSAN HAIGH, Associated Press Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check. The IRS said it’s distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit. But the IRS on Friday said it discovered many eligible taxpayers hadn’t done so. “Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible,” IRS Commissioner Danny Werfel said in a statement. Here’s more about the unexpected cash this group of taxpayers will soon receive: Sorry, it’s probably pretty low. The IRS said most taxpayers eligible for the federal stimulus payments, formally known as Economic Impact Payments, have already received them. The special payments announced by the IRS are being sent to those taxpayers who filed a 2021 tax return but left the data field for the Recovery Rebate Credit blank or they filled it out as $0 when they were actually eligible for the credit. Related Articles Eligible taxpayers don’t have to take any action. The payments will go out automatically this month and should arrive by direct deposit or check by late January 2025. They’ll be sent to the bank account listed on the taxpayer’s 2023 return or to the address IRS has on file. Payments will vary but the maximum amount will be $1,400 per individual. The IRS has posted information online about eligibility and how the payment was calculated. IRS plans to send separate letters to eligible taxpayers notifying them of the special payment. You still might be able to receive the money. However, taxpayers need to file a tax return and claim the Recovery Rebate Credit by the April 15, 2025 deadline, even if any income from a job, business or other source was minimal or nonexistent, according to IRS. There were three rounds of payments to households impacted by the pandemic, totaling $814 billion. IRS based the amounts that taxpayers received on their income, tax filing status and number of children or qualifying dependents. In March 2020, eligible individuals received up to $1,200 per income tax filer and $500 per child under the CARES Act. In December 2020, eligible individuals received up to $600 per income tax filer and $600 per child under the Consolidated Appropriations Act. In March 2021, eligible individuals received up to $1,400 per income tax filer and $1,400 per child under the American Rescue Plan Act.
PHILADELPHIA — Tyrese Maxey scored 32 points and made two crucial plays in the final minute, and the Philadelphia 76ers rallied after Joel Embiid was ejected to beat Victor Wembanyama and the San Antonio Spurs 111-106 on Monday night. Embiid was thrown out by referee Jenna Schroeder with 2:59 left in the second quarter. The seven-time All-Star received the first technical for arguing with Schroeder, and received another technical — and ejection — from Schroeder before any more game time elapsed. Embiid was close to Schroeder, but it wasn’t clear from replays whether he made contact with the official. Wembanyama had 26 points, nine rebounds and eight blocks. Maxey added 10 rebounds and eight assists, and Paul George contributed 19 points for Philadelphia. San Antonio went ahead 103-102 on Chris Paul’s baseline jumper with 1:20 to play. Maxey took over from there, first stealing the ball, scoring on a left-handed dunk and finishing the three-point play after being fouled by Julian Champagnie to put Philadelphia in front 104-103 with 59 seconds left. Then, he drained a 3-pointer from the top of the key with 29 seconds remaining. Philadelphia 76ers' Joel Embiid, right, argues with referee Jenna Schroeder during the first half of an NBA basketball game, Monday, Dec. 23, 2024, in Philadelphia. Credit: AP/Matt Slocum Takeaways 76ers: Nurse was excited before the game to see what the 76ers could be with the Big Three in the lineup. Alas, he’ll have to wait another day. Spurs: Wembanyama did not disappoint the fans who came out to see the matchup against Embiid and shot 9 of 19, including 6 of 13 on 3-pointers. Key moment With 8:13 left in the period, Schroeder ejected Philadelphia’s Andre Drummond for an apparent foul on Wembanyama. After video review, however, the officials rescinded the ejection. Key stat Embiid, George and Maxey have started five games together. The 76ers are 3-2. San Antonio Spurs' Victor Wembanyama, center, tries to get a shot past Philadelphia 76ers' KJ Martin, left, and Kyle Lowry during the second half of an NBA basketball game, Monday, Dec. 23, 2024, in Philadelphia. Credit: AP/Matt Slocum Up next Both teams will be playing on Christmas. The Spurs are at the Knicks and the 76ers visit Boston.-- Shares Facebook Twitter Reddit Email Big Lots! will live to see another day of reduced overstock. The discount retail chain was all set to close its stores, but on Friday announced that it had reached a deal with Gordon Brothers Retail Partners to keep hundreds of its stores open, reports the AP . This news likely comes as a relief to employees and patrons in the midst of the holiday season. Big Lots had filed for bankruptcy in October with plans to be sold to Nexus Capital Mangagement, and was in the process of liquidating its stock with the aim to closing in 2025. Related Party City ends nearly 40 years of fun But the Nexus deal never happened as of Dec. 20. Instead, Big Lots will be sold to Gordon Brothers, which specializes in distressed companies, which will then transfer Big Lots’ stores, distribution centers and other assets to other retailers. Going-out-of-business sales will be conducted at 869 U.S. locations. Part of the plan includes Variety Wholesalers Inc. acquiring between 200 and 400 Big Lots stores to operate under the Big Lots brand, in addition to acquiring up to two distribution centers “This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand,” Big Lots President and CEO Bruce Thorn said in a statement. “We are grateful to our associates nationwide for their grit and resilience throughout this process.” Another discount retailer, 99 Cents Only stores, had also filed for bankruptcy earlier this year, finding it difficult to compete with bigger retailers like Walmart and Target. Shortly afterward, Dollar Tree purchased hundreds of 99 Cents Only stores to reopen as Dollar Trees. Read more about this topic Red Lobster files for bankruptcy Inside the downfall of Dean & DeLuca, a once dazzling luxury food store dims its lights Burned out: How Instant Pot went from cult favorite to Chapter 11 bankruptcy MORE FROM Hanh Nguyen Advertisement:
Trump Voters' Trust in Election Process Soars In Sharp Reversal To Post-2020 Feelings2024 IN REVIEW: New Braunfels H-Z counts down the top news stories of the year — Nos. 6 & 5Syria’s de facto leader says it could take up to 4 years to hold electionsMOSCOW — Russian President Vladimir Putin on Saturday apologized to his Azerbaijani counterpart for what he called a "tragic incident" following the crash of an Azerbaijani airliner in Kazakhstan that killed 38 people, but stopped short of acknowledging that Moscow was responsible. Putin's apology came as allegations mounted that Russian air defenses shot down the plane while attempting to deflect a Ukrainian drone strike near Grozny, the regional capital of the Russian republic of Chechnya. Russian President Vladimir Putin chairs a Security Council meeting via videoconference Saturday at the Kremlin in Moscow, Russia. An official Kremlin statement issued Saturday said that air defense systems were firing near Grozny airport as the airliner "repeatedly" attempted to land there on Wednesday. It did not explicitly say one of these hit the plane. The statement said Putin apologized to Azerbaijani President Ilham Aliyev "for the fact that the tragic incident occurred in Russian airspace." The readout said Russia has launched a criminal probe into the incident, and Azerbaijani state prosecutors have arrived in Grozny to participate. The Kremlin also said that "relevant services" from Russia, Azerbaijan and Kazakhstan are jointly investigating the crash site near the city of Aktau in Kazakhstan. The plane was flying from Azerbaijan's capital, Baku, to Grozny when it turned toward Kazakhstan, hundreds of miles across the Caspian Sea from its intended destination, and crashed while attempting to land. There were 29 survivors. According to a readout of the call provided by Aliyev's press office, the Azerbaijani president told Putin that the plane was subject to "external physical and technical interference," though he also stopped short of blaming Russian air defenses. Part of an Azerbaijan Airlines plane lies on the ground Thursday near the airport of Aktau, Kazakhstan. Aliyev noted the plane had holes in its fuselage and the occupants sustained injuries "due to foreign particles penetrating the cabin mid-flight." He said that a team of international experts began a probe of the incident at Azerbaijan's initiative, but provided no details. Earlier this week, the Azerbaijani Prosecutor General's office confirmed that investigators from Azerbaijan are working in Grozny. On Friday, a U.S. official and an Azerbaijani minister made separate statements blaming the crash on an external weapon, echoing those made by aviation experts who blamed the crash on Russian air defense systems responding to a Ukrainian attack. U.S. President Joe Biden, responding Saturday to a reporter asking whether he thought Putin should take responsibility for the crash, said: "Apparently he did but I haven't spoken to him." Biden made the comment after leaving church in St. Croix, U.S. Virgin Islands. Passengers and crew members who survived the crash told Azerbaijani media they heard loud noises on the aircraft as it circled over Grozny. Dmitry Yadrov, head of Russia's civil aviation authority Rosaviatsia, said Friday that as the plane was preparing to land in Grozny in deep fog, Ukrainian drones were targeting the city, prompting authorities to close the area to air traffic. Yadrov said after the captain made two unsuccessful attempts to land, he was offered other airports but decided to fly to Aktau. People attend a funeral Saturday for Mahammadali Eganov, who died in the Azerbaijan Airlines Embraer 190 crash near the Kazakhstan's airport of Aktau at the age of 13, in Baku, Azerbaijan. Earlier this past week, Rosaviatsia cited unspecified early evidence as showing that a bird strike led to an emergency on board. In the days following the crash, Azerbaijan Airlines blamed "physical and technical interference" and announced the suspension of flights to several Russian airports. It didn't say where the interference came from or provide any further details. If proven that the plane crashed after being hit by Russian fire, it would be the second deadly civil aviation accident linked to fighting in Ukraine. Malaysia Airlines Flight 17 was downed with a Russian surface-to-air missile, killing all 298 people aboard, as it flew over the area in eastern Ukraine controlled by Moscow-backed separatists in 2014. Russia denied responsibility but a Dutch court in 2022 convicted two Russians and a pro-Russia Ukrainian man for their role in downing the plane with an air defense system brought into Ukraine from a Russian military base. The grave of Mahammadali Eganov, 13, who died in the Azerbaijan Airlines Embraer 190 crash near the Kazakhstan's Aktau airport, is seen Saturday in Baku, Azerbaijan. Following Wednesday's suspension of flights from Baku to Grozny and nearby Makhachkala, Azerbaijan Airlines announced Friday that it would also halt service to eight more Russian cities. Several other airlines made similar announcements since the crash. Kazakhstan's Qazaq Air on Friday said it would stop flying from Astana to the Russian city of Yekaterinburg in the Ural Mountains for a month. Turkmenistan Airlines, the Central Asian country's flagship carrier, on Saturday halted flights to Moscow for at least a month, citing safety concerns. Earlier this past week, Israel's El Al carrier suspended service from Tel Aviv to the Russian capital, citing "developments in Russia's airspace." Stay up-to-date on the latest in local and national government and political topics with our newsletter.
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