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Biden OKs disaster declaration related to tropical storm

By The Associated Press

ANNAPOLIS, Md. (AP) — President Joe Biden has approved a disaster declaration for Maryland and ordered federal assistance for recovery efforts in areas affected by Tropical Storm Isaias in August.

The White House said Thursday federal funding will be available to state and local governments and certain private nonprofit organizations for emergency work and repair of facilities damaged by the storm in Calvert, Dorchester and St. Mary’s counties.

The White House said federal funding is also available on a cost-sharing basis for hazard mitigation measures statewide.

Additional designations may be made later, if requested by the state and warranted by further damage assessments.

9 red flags that could trigger a tax audit

By U.S. News & World Report
What is an IRS audit? The IRS may choose to review a taxpayer's accounts and financial information to ensure all tax laws are being followed. Even though the IRS only audited 0.3% of individual income tax returns in 2020, many taxpayers live in fear of a letter from the IRS questioning items on their return. "Taxpayers worried about the possibility of facing an IRS audit may hesitate to claim all the tax breaks they are entitled to claim," says Kathy Pickering, chief tax officer at H&R Block. "When they do this, they are leaving their money on the table."
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