The IRS is reportedly continuing to distribute federal stimulus checks to eligible Americans, with another 2.3 million in payments issued on Wednesday. According to CBS News, some of those payments include “plus-up” adjustments for people who received less money than they were actually entitled to in earlier issued checks. The …
Read More »The IRS Is Sending Out Unemployment Tax Refund Checks
When the American Rescue Plan was signed into law by President Joe Biden, it included a third stimulus check, and the expanded child tax credit, among other things. The bill also excluded $10,200 in 2020 unemployment funds from being taxable. If you filed your taxes before the bill passed and filed for …
Read More »Woman Denied Tax Refund & Stimulus Checks After IRS Says She’s Dead
A Sacramento mother was denied her tax refund and stimulus checks because the IRS has listed her as deceased. Tiffany Ruvalcaba, a mother of four, has been unable to file her taxes for two years due to the mix-up. When she filed her 2018 taxes, the IRS told her that …
Read More »IRS Blames Delayed Tax Returns On Printers Being Out Of Ink
The IRS says that tax returns are being delayed due to their printers not having any ink. Many American citizens have not received their tax refund checks this year, despite having already filed their taxes. This is exceptionally detrimental since many families are still trying to recover financially from the …
Read More »50 Cent Trolls Ja Rule For Unpaid Taxes Lawsuit, ” You Gotta Pay Your Taxes Fool”
If Curtis “50 Cent” Jackson does nothing else, he will ensure that he never misses an opportunity to drag his arch-nemesis, Ja Rule. With the news of Rule’s $3 million tax woes hitting the internet earlier this week, it was only a matter of time before 50 took a jab …
Read More »Millions Face Tax Refund Delays Due To Stimulus Checks Distribution
Millions of Americans face delays with their tax refunds as the IRS struggles to get the COVID-19 stimulus relief funds distributed. Almost seven million U.S. citizens are being affected by the delays due to the agency’s outdated IT systems when they are trying to issue two significant financial lump sums …
Read More »If You Haven’t Received Your Stimulus Check, Check The Mail For A Debit Card
If you still haven’t received your $600 stimulus payment- maybe you should check your mail for a debit card. According to CNN, more than 100 million payments were sent out in January from the Internal Revenue Service. While a vast majority of the payments were deposited directly into personal bank …
Read More »IRS Delays Start Of Tax Filing Season To February 12
Usually, the tax filing start date is at the end of January, but the IRS says it will start on February 12. The 12th is when the agency will start to accept 2020 tax returns, CNBC News reports. The delay is due to the coronavirus pandemic since the agency needs …
Read More »Time Is Running Out To Claim $1,200 Federal Stimulus Check
November 21, 2020, is the last day to register for the $1,200 stimulus check for people who haven’t received the federal payment and don’t normally file tax returns. According to CBS News, the IRS announced it would close down its registration site on November 21 at 3 p.m. Eastern time. …
Read More »If You Receive A Text About A $1,200 Stimulus Check, IRS Says Don’t Open It
Criminals are preying on the vulnerable right now. They have conjured up a new phishing scam of sending text messages out promising a $1,200 stimulus check, but the IRS is warning the public not to click on it. According to the agency, you won’t receive a dime, and they will …
Read More »Billionaire Charged With $2 Billion In Tax Fraud, The Largest Tax Evasion Case In History
The feds have netted the largest tax fraud case in history after discovering that Houston, Texas billionaire Robert Brockman evaded $2 billion in taxes over the course of two decades. According to newly unsealed docs, Brockman, whose net worth is $1 billion, formed companies on the British Virgin Islands and …
Read More »Missed The IRS’ Deadline For The Stimulus Direct Deposit? Here’s How You Can Still Get Your Money
The IRS started sending out the coronavirus stimulus payments to eligible US residents around the middle of April, either in the mail or via direct deposit. But if you’re among the group of people that haven’t received the check by either method yet, and you also haven’t gone online to use …
Read More »Taxpayers Are In For A Shock With 2018 Refunds
While the majority of Americans are accustomed to receiving thousands of dollars on average back from the internal revenue service, this year the refunds on your tax return may really surprise you. As the average person expects to receive about $3,000, according to GOBBankingRates.com, experts have repeatedly warned that the …
Read More »Mel B Says She’s Struggling To Pay “Community Property Debts” Due To IRS Debt
Mel B is reportedly struggling financially due to an outstanding tax bill against her and her estranged husband, Stephen Belafonte. According to legal documents obtained by The Blast, the Spice Girls singer and “America’s Got Talent” judge claims the outstanding debt — which dates back to 2016 and is reportedly …
Read More »T.I. Drops His Appeal Against The IRS Over More Than $6 Million in Unpaid Taxes
In the longstanding legal battle between T.I. and the IRS, the rapper has reportedly moved to settle the dispute once and for all. According to the @blast, T.I. has been in a legal squabble with the IRS over $6,211,424.76 in unpaid taxes. At first, the IRS said they would take …
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