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 ...
The Internal Revenue Service is changing the way it issues tax refunds. The change, prompted by an Executive Order mandating a shift away from paper checks, will require some pre-work for people who ...
A direct path to the IRS threatened a powerful player in tax prep. Now the project is gone. The Watchdog explains how—and why ...
The IRS on Monday alerted those with dependents who receive government benefits to “act now” in order to receive an additional $500 per dependent as part of the government’s stimulus checks that most ...
The IRS will not immediately be impacted by the partial government shutdown that began on Wednesday, Oct. 1. Congressional leaders failed to agree on funding legislation necessary for the U.S.
IRS to launch ‘Trump accounts’ for kids with $1,000 deposits; gift adds $250 accounts for 25M more children, boosting program’s reach.
Nearly half of the IRS workforce — nearly 34,000 employees — faces furloughs as the government shutdown enters its second week, with the agency rolling out a contingency plan to keep key tax ...
A government shutdown can create uncertainty, especially if you filed a tax extension for tax year 2024. If you’re wondering how it might impact your tax return, here are the answers you need. File by ...
In his second term, President Donald Trump has intensified efforts to modernize the federal government, focusing on efficiency and technology. Since returning to the White House in January 2025, Trump ...