Tax Refunds: IRS Delays Hold Up Money For Millions Of TaxpayersWhile the IRS sent out two stimulus checks and updated the Child Tax Credit this year, it's falling short of its core mission of servicing American taxpayers.
Tax Changes Would Boost IRS Monitoring Of Cryptocurrency UseThe Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don’t sidestep the tax man.
U.S. Treasury Plans Tax Changes to Boost IRS Monitoring of Cryptocurrency UseThe Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don’t sidestep the tax man.
Sacramento Woman Denied Stimulus Money, Tax Returns Because IRS Says She’s DeadWatching home video Tiffany Ruvalcaba shot during a recent family trip to Tahoe, it’s clear she isn’t deceased.
Tax Refunds Delayed As May 17 Filing Deadline ArrivesCOVID and the policies to help fight its economic implications have put the IRS far behind in its processing of tax returns.
Newsom, 6 Other Governors Call on Biden to Lift $10K Cap on Tax DeductionsCalifornia Gov. Gavin Newsom joined six other Democratic governors on Friday in calling on Pres. Joe Biden to lift the $10,000 cap on state and local tax deductions that was a part of former Pres. Donald Trump’s massive 2017 tax law.
Stimulus Check Update: Social Security Recipients Left Waiting Could Receive Relief Payments SoonThe IRS is preparing to send stimulus checks to millions of Social Security recipients still awaiting payments because they don't file taxes.
IRS Tax Filing Deadline To Be Pushed Back To May 17The postponement of the deadline will allow taxpayers and tax preparers extra time to work through the ongoing tax issues resulting from the COVID pandemic.
Tax Service Company Says IRS Will Reissue Stimulus Checks Sent To Wrong Bank AccountsAfter the IRS sent millions of stimulus payments to the wrong bank accounts, tax preparation companies said they’ve worked with the IRS to fix the error.
DOJ Pursues Historic $2B Tax Evasion Case Against Software Tycoon Robert BrockmanThe Department of Justice announced Thursday that it indicted software tycoon Robert Brockman on charges that he evaded paying $2 billion in taxes, making it the largest tax fraud case in U.S. history.
IRS Tries To Claw Back COVID-19 Stimulus Checks Sent To Prison InmatesHundreds of thousands of dollars in coronavirus relief payments have been sent to people behind bars in California and across the United States, and now the IRS is asking state officials to help claw back the cash that the federal tax agency says was mistakenly sent.