Tag Archives: irs

IRS Reportedly Sending Millions More In Additional Stimulus Checks

Stimulus Check

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 …

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The IRS Is Sending Out Unemployment Tax Refund Checks

TurboTax To Pay $141 Million For False Advertising Scheme

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 …

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IRS Blames Delayed Tax Returns On Printers Being Out Of Ink

IRS

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 …

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IRS Delays Start Of Tax Filing Season To February 12

IRS delays tax filing for 2021

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 …

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Time Is Running Out To Claim $1,200 Federal Stimulus Check

IRS

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. …

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Taxpayers Are In For A Shock With 2018 Refunds

IRS delays tax filing for 2021

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 …

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