ALL THE MONEY NEWS YOU NEED TO KNOW | | | |
Happy Tuesday, Daily Money readers. It's Bailey Schulz here with the day's top headlines. |
"These visits created extra anxiety for taxpayers already wary of potential scam artists," IRS Commissioner Danny Werfel said in a statement. "At the same time, the uncertainty around what IRS employees faced when visiting these homes created stress for them as well. This is the right thing to do and the right time to end it." |
The change reverses a decades-long practice by IRS Revenue Officers, the unarmed agency employees whose duties include visiting households and businesses to help taxpayers resolve their account balances by collecting unpaid taxes and unfiled tax returns. Instead, people will receive mailed letters to schedule meetings, except in a few rare circumstances. | The IRS yesterday announced that it will no longer have staff drop by unannounced, citing safety concerns for workers and taxpayers. Patrick Semansky, AP |
Work from home as a drive-thru employee? |
The shift to remote work after the onset of the COVID-19 pandemic wasn't confined to white-collar workers. |
Lower-paid service workers are also toiling remotely, including front desk receptionists, fast-food employees, laundry workers and tow truck dispatchers, albeit in lower numbers. |
Nearly 14% of employees in the bottom fourth of wage earners worked at home on an average day last year, below the 15.4% peak in 2021 but above the 9.5% mark in 2019, according to Labor Department figures released last month. By contrast, 56% of workers in the top fourth of earners worked remotely on a typical day last year. |
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The Frosty Cream Cold Brew line comes in vanilla, chocolate and caramel flavors, and costs $1.99 for a small and $3.49 for a large, though costs may vary by location. |
Customers who have downloaded the Wendy's app can purchase any small Frosty Cream Cold Brew for 99 cents with an in-app offer through August 6. For diners that use the Uber Eats app, a free Medium Frosty Cream Cold Brew is available with any order over $15. |
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. | | | | Work from home jobs are becoming more common for blue-collar employees. Drive-thru order takers, laundry workers, dispatchers among those benefitting | | | | The European Travel Information and Authorization System is set to go online in 2024, which means an extra step for many travelers. | | | | Spotify's price hike comes as a number of music streaming competitors raise prices. | | | | Inflation cooled considerably from last June through June this year. But the Fed might raise rates in July to keep driving inflation down further. | | | | As UPS and the Teamsters approach a July 31 contract expiration and a possible nationwide strike, take a look back at the negotiations. | | | | After a historic opening weekend for "Barbie" and "Oppenheimer," AMC stock closed up on Monday. Investors were also buoyed by a court ruling. | | | | The MSG Sphere in Las Vegas is not only the largest sphere on Earth but also home to world's most advanced audio system. | | | | The app announced Monday that text posts will be the latest feature, joining live videos, photos, duets, stitches and more. | | | | The two-story restaurant will be co-located with Parry's Pizzeria & Taphouse adjoining the Waldorf Astoria hotel. | | | | In collaboration with Happi Co., Snoop Dogg launches new ice cream named after his NFT. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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