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The IRS battles a fraud-plagued tax credit

The IRS battles a fraud-plagued tax credit

FromMake Me Smart


The IRS battles a fraud-plagued tax credit

FromMake Me Smart

ratings:
Length:
22 minutes
Released:
Jun 22, 2024
Format:
Podcast episode

Description

Four years after the Internal Revenue Service created a tax credit to help struggling businesses get through the pandemic, the agency ultimately plans to reject the majority of claims filed under the program. We’ll explain how it became swamped with fraud. And, Major League Baseball legend Reggie Jackson opened up about the racism he and other Black players faced in the ’60s. We’ll get into it. And, we’ll play a round of Half Full / Half Empty!
Here’s everything we talked about today:

“IRS says it will deny most claims of pandemic tax credit for employers” from The Washington Post
“With pardons in Maryland, 2.5 million Americans will have marijuana convictions cleared or forgiven” from The Associated Press
MLB Hall of Famer Reggie Jackson remembers Willie Mays from Gary Parrish on X
“It’s Time to Stop Inviting Plus-Ones to Weddings” from The Atlantic
“First Came ‘Spam.’ Now, With A.I., We’ve Got ‘Slop’” from The New York Times
“Netflix House Will Let You Experience Your Favorite Shows, Movies in Real Life” from Netflix Tudum
“What’s to become of summer Fridays in the age of hybrid work?” from CNN
“Surgeon General: Why I’m Calling for a Warning Label on Social Media Platforms” from The New York Times

We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Released:
Jun 22, 2024
Format:
Podcast episode

Titles in the series (100)

Each weekday, Marketplace’s Kai Ryssdal and a guest make today make sense. Along with our supersmart listeners, we break down happenings in tech, the economy and culture. Every Tuesday we bring on a guest to dive deeper into one important topic. Because none of us is as smart as all of us.