In 2024, the Internal Revenue Service announced automatic payments for eligible taxpayers who had not claimed the Recovery ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...
Despite the excitement stirred by viral posts, both the IRS and the U.S. Department of the Treasury have confirmed that no such payments are scheduled for this year. As we approach December, it’s ...
No federal relief payments are scheduled for 2025. Officials urge caution and warn against fake IRS messages and payment scams. Online rumors about IRS deposits are not backed by any official ...
The Internal Revenue Service has halted a popular service that once provided a free option for taxpayers to file their taxes ...
In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.
The requirement for direct deposit information in tax returns stems from the implementation of Executive Order (EO) 14247, titled Modernizing Payments To and From America’s Bank Account. Signed by ...