With tax season approaching, those who have not received their financial assistance due to COVID-19 or who think the IRS paid the wrong amount can finally take action to get the money they owe. How to do this, told CNBC. ...
According to Intuit TurboTax, a company that helps distribute payments, millions of COVID-19 quarantine financial assistance payments were transferred to the wrong customer accounts due to an error by the United States Internal Revenue Service (IRS). Reuters writes about it. Two sources from the banking industry confirmed the mistake, ...
In January 2021, the IRS will launch the IRS Identity Protection PIN Opt-In program. It is designed to protect personal data and will be available to all taxpayers who can properly verify their identity. Writes about this Salina Post. IRS Identity Protection ...
The Internal Revenue Service (IRS) needs to process about 1 million more tax returns. A similar delay caused by the crisis and teleworking during the COVID-19 pandemic. Writes about this Fox Business. As of November 20, the IRS processed about 162,4 million of the received ...
Some taxpayers recently received a chilling letter from the IRS warning that the federal tax inspector will confiscate state income tax refunds, writes CNBC. As recently as this fall, the IRS issued a so-called "Tax Intent Notice" to ...
The Internal Revenue Service (IRS) admits that its mistake caused some citizens of other countries to receive $1 coronavirus relief payments—and that the mistake could happen again. NPR writes about this. When the error messages first appeared...
Cryptocurrency traders receive letters from the Internal Revenue Service (IRS) that mistakenly say they owe thousands of dollars in taxes due to inconsistencies in tax forms. Fox News reported on this in more detail. CryptoTrader.tax company providing software and tax calculator for ...
After the end of the pandemic, the US Internal Revenue Service (IRS) will track and come home to people with high incomes (above $ 100 thousand per year), if there is reason to suspect them of tax evasion. Read more about what the IRS will do, the edition told ...
Scammers posing as representatives of the Internal Revenue Service (IRS) are using reliable-looking emails to threaten victims. This scam is gaining momentum, writes Fox Business. Swindlers are perfecting their criminal art. Fraud using fake “letters from the IRS” has been around for a long time...
The Internal Revenue Service (IRS) said it plans to notify 9 million Americans who may be eligible for coronavirus-related government financial assistance but have yet to receive their payments. Writes about it CBS News. This mainly applies to people ...