Money

IRS tax-filing season to kick off on Jan. 24

The Internal Revenue Service said Monday that it will begin accepting 2021 individual income tax returns on Jan. 24 – and administration officials are already warning of a “frustrating” season as the agency grapples with a backlog of returns from previous years.

Dollar firm as inflation test looms

The dollar started the week with support as traders bet U.S. inflation data and appearances from several Federal Reserve officials would bolster the case for higher interest rates.