irs

A U.S. judge says the IRS can’t keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars in the United States. The ruling gives the IRS until Oct. 24 to reconsider the payments for those who were denied or had their...

The massive losses Donald Trump claimed on tax returns were reportedly due at least in part to huge deductions he took against income his businesses had before and after he became president

CPA and TurboTax expert Lisa Greene-Lewis answers questions for those stragglers who waited until the very last second to file their federal income taxes.

If you still haven’t filed your taxes, you’re not alone. Each year, millions of Americans hold off on filing until the very last minute. This year, Tax Day is extended to July 15 from the usual mid-April deadline, so now is the time to figure out what you need to do. If you have yet to file, or if you’ve...

The Internal Revenue Service is canceling over 1.1 million coronavirus stimulus checks it sent to deceased Americans in April.

Uncle Sam has heard your requests for more time to file your taxes – and they have been denied. The Treasury Department and the IRS will stick with the July 15 deadline for 2019 income tax returns and taxes owed for that year, the agencies said. The announcement came less than a week after Treasury Secretary Steven Mnuchin said that…

The interest is a sweetener for individuals who have been waiting months for a tax refund — because they either filed paper returns or require additional verification with the taxman — and have been stymied by the agency’s gradual return to operations amid the coronavirus outbreak.

The U.S. government is sending millions of people their economic stimulus payment by prepaid debit card instead of paper check, and those cards may be easy to miss in your mail.  “Not a lot of people are expecting to get a prepaid debit card for their economic impact payment,” said Amy Nofziger, with AARP’s Fraud Watch Network. “If you...

Under ordinary circumstances, the opportunity to make changes to workplace health plans and flexible spending accounts happens only once a year.

The IRS is asking people who received payments for a deceased taxpayer to return the money to the government

The federal government wants the money it sent dead people returned, NBC News reports.

The Internal Revenue Service began distributing direct payments to millions of Americans last week, as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act, but plenty of people are having issues with the “Get My Payment” portal, which offers information about the status of payments. “The first day it was a mess,” taxpayer Chris Carson said. “I logged...

The Internal Revenue Service has begun sending out stimulus checks to help people amid the COVID-19 pandemic, but many people are still wondering where those checks are.

The federal government expects to begin making payments to millions of Americans under the new stimulus law in mid-April, but some people without direct deposit information may not get checks until mid-August or later, according to a memo obtained by The Associated Press.

The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic

President Donald Trump and the Coronavirus Task Force gave updates on the coronavirus pandemic on Tuesday, urging people to heed the CDC guidelines for at least 15 days and act with an abundance of caution. Secretary of the Treasury Steve Mnuchin later announced an IRS tax deferral for those who owe taxes.

Every year, scam artists pretend to be IRS officials to get your money. They’ll call, email, or text you, claiming you owe back taxes or say there’s a problem with your tax return. And, believe it or not, they even try to fool IRS officials.

Worried you may be getting scammed? Here are some tips to make sure you are not being deceived by someone posing as the IRS.

Tax season is in full swing — and that means it’s hunting time for scam artists hoping to rip off taxpayers.

Scammers are on the prowl again this year, hoping to get a piece of your tax return.