IRS Payments for Children: What to Do If You Haven't Received Payment

The official payment date for the first Child Tax Credit from the IRS is July 15th. Although it is possible that not all parents will receive them on this day. Why this is and what to do, Pix11 told. Only this year the size...

In the USA, they begin to pay tax credits for children: what you need to know

The Internal Revenue Service (IRS) will begin sending extended child tax credits to tens of millions of families starting July 15, providing them with additional funds every month until the end of 2021, along with tax credits next year. Everything you need to know, told the publication ...

IRS Threatens Thousands of Americans With Property Forfeiture Despite Paid Taxes

The Internal Revenue Service (IRS) is mailing out "probably thousands" of threatening letters warning taxpayers that their property will be seized for unpaid taxes - even though the government has already received its money, the New York Post has learned. A scary situation...

The IRS will strengthen control over personal income from online sales: what will change

Depending on your situation, you may be receiving income that the IRS wants to know about. And if you are a regular online seller, keep in mind that after this year it may become harder to avoid income reporting requirements. ...

IRS extends 2020 tax filing deadline

The Treasury Department and the Internal Revenue Service (IRS) announced that the 2020 tax filing deadline for individuals will be automatically extended from April 15, 2021 to May 17, 2021. This is stated in a message on the IRS website. “It's still ...

How to claim quarantine financial aid when filing a tax return for 2020

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. ...

Due to IRS error, financial aid to millions of Americans was sent to the wrong place

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, ...

IRS to Launch Tax PIN Codes for All Taxpayers

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 ...

About 1 million Americans have not yet received a tax refund: what happened

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 ...

What to do if you receive a letter from the IRS threatening to confiscate funds

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 ...

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