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 ...

The IRS admitted that it mistakenly sent financial aid checks to citizens of other countries

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...

IRS Sends Notices of Debts to People Who Don't Have Debt

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 ...

If you have tax debt, wait for an IRS agent to visit

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 ...

Fraudsters Send 'IRS Emails' Indistinguishable from Real: What You Need to Know

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...

Another 9 million Americans are eligible for quarantine financial assistance, but may lose it due to slowness

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 ...

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