The deadline for filing tax returns for 2019 expires in two weeks: what you need to know

On June 29, the Treasury and Internal Revenue Service of the United States announced that they would adhere to the deadline for filing a tax return on July 15 without extending it, writes USA Today. Agencies urge U.S. residents to apply for automatic renewal until October 15 if they ...

Tax Season 2020: Everything You Need to Know About Deferral

In response to the coronavirus pandemic, the Internal Revenue Service (IRS) extended the deadline for filing tax returns and paying any taxes - from April 15, the date was moved to July 15, writes GOBankingRates. If you plan to take a respite, that’s all ...

Tax Season 2020: Coronavirus Deferred Filing Frequently Asked Questions

At the beginning of 2020, many thought that the chaos and mess of last year’s tax season was long over. According to experts, in the new year to deal with taxes should have been easier, because people have better studied the new tax rules, reminds USA Today. But after…

Lawyers sound the alarm: online scammers massively ruin older Americans

Lawyers are sounding the alarm because of the massive spread of online fraud targeting a vulnerable group of people - the elderly. Lawmakers and administration officials are seeking additional steps to protect unsuspecting Americans. This writes The Hill. Experts say that during the tax season ...

From fine to jail time: what happens if you don't pay taxes

As soon as the IRS finds out that you have not paid taxes, the consequences can vary, from moderately annoying to troubles in the “life will never be the same” category. The publication Money Talks decided to figure out what threatens tax evasion in the United States. Even if you don’t ...

Key IRS issues taxpayers will face in 2020

Customer service problems are the biggest hurdle Americans will face this tax season, USA Today writes. “The United States Internal Revenue Service (IRS) is one of the worst functioning federal agencies,” said Bridget Roberts, Acting Defender of Taxpayer Rights ...

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