In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.
Hold off on that purchase! Online rumors of new stimulus checks by year’s end are swirling, but Congress has not approved any ...
For anyone hoping that new IRS direct deposit relief payments would arrive this November, the IRS and federal officials say no new stimulus or relief payments have been approved for 2025. The claims ...
What do increased fraud, significant costs and operational inefficiencies all have in common? Paper checks, or, at least, those were the reasons cited when President Donald Trump issued an executive ...
Ready to mail your third-quarter estimated tax payment? Mailing addresses for some Forms 1040-ES have changed. Here’s what you need to know about estimated tax payments—and where to mail them. With ...
The requirement for direct deposit information in tax returns stems from the implementation of Executive Order (EO) 14247, titled Modernizing Payments To and From America’s Bank Account. Signed by ...
Are you waiting on a tax refund check from IRS direct deposit, ANCHOR property relief rebate or inflation refund checks? Here's what to know about eligibility and how to track the status. Who is ...
If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...