14 Common Tax Mistakes That Can Cost You Real Money
These blunders can shrink or delay your refund, result in you owing money or—the most dreaded outcome of all—trigger an audit. Here's how to avoid the most common and costly tax errors when you file your 2020 return.
IRS Sends Out 90M Stimulus Checks in 1 Week—3 Times Faster Than CARES Act
Last year, it took about three weeks for the IRS to hit 90 million stimulus check payments after the passage of the CARES Act.
Stimulus Checks Set to be Deposited in Millions of Accounts
Banks and credit unions will receive around 90 million third stimulus payments from the IRS on March 17.
$1,400 Stimulus Check Tracking: What 'Payment Status Not Available' Means
Getting a message on the Get My Payment tool that a $1,400 stimulus check's status isn't available may mean a person isn't eligible for a payment.
What to Do If Your Stimulus Check Was Deposited Into the Wrong Bank Account
Some Americans are seeing the wrong bank account number when checking the status of their $1,400 payment.
$1,400 Stimulus Checks Are Being Spent. Here's Why You Haven't Received One
Americans have already begun receiving direct-deposit payments, but some will have to wait a bit longer.
How to Track Your $1,400 Stimulus Check
White House press secretary Jen Psaki said Americans could begin receiving their stimulus checks as early as this weekend.
Your Stimulus Check Could Be Seized If You Owe These Debts
The IRS could potentially use stimulus funds claimed through Recovery Rebate Credit to cover any tax debt owed.
Third Stimulus Check Inches Forward in Senate
The American Rescue Plan is likely to be delayed because of a demand to read it in full in the upper house.
Stimulus Checks Now All Sent, but Some People Still Eligible for Funds: IRS
The Internal Revenue Service has provided an update on the first two rounds of Economic Impact Payments, as discussions continue over the prospect of a third.
Do You Have to Pay Taxes on Your Stimulus Payments? What You Need to Know
As tax filing season gets under way, here's the lowdown on whether the stimulus payments you received last year will be counted as taxable income—and how to claim any stimulus money you're still owed when you fill out your return.
IRS Backlog Results in Some Taxpayers Threatened With Fines for Paid Taxes
Dozens of taxpayers in Colorado have received false delinquency notices from the IRS due to the agency's slow processing.
Trump-Appointed Federal Judge Gives Ex-President Longer to Give Tax Returns
The extension is just the latest in an ongoing 2019 legal battle between Trump and House Democrats in control of the Ways and Means Committee.
IRS Delays Opening of Tax Season, but What About the April 15 Deadline?
The start of the 2021 tax season will be delayed until February 12 because of the coronavirus pandemic.
IRS Issues Stimulus Warning, Urges Not to Mistake Payments as Junk Mail
About 8 million Americans are expecting to receive their second round of $600 payments as prepaid debit cards mailed to their home address, instead of a paper check.
Stimulus Update, Millions Hit by IRS Error to Receive Payments from Today
Those receiving a stimulus payment will receive an email from TurboTax to confirm it's on the way, according to the tax-filing software company.
Stimulus Cards Sent in Treasury Envelopes after Last Mistaken for Junk Mail
Payments of up to $600 per eligible individual are being sent out, with recipients getting them through direct deposit, checks or pre-paid debit cards.
Where's My $600 Stimulus Check? IRS Says 'Check Back Later' on Payments
"The 'please wait' message is a normal part of the site's operation," the IRS said. "We encourage people to check back later."
You Can Now Use 'Get My Payment' to Track Your Stimulus Check
The payments started being issued last week, with recipients now able to receive updates on their status.
IRS Issues Stimulus Check Update, Advice
The agency has expanded on when payments may arrive for some recipients and given details on how to track them.
How to Track When Your $600 Stimulus Check Payment Will Arrive
The IRS has said it is already sending out the payments of $600 to eligible adults, but its portal tracking payments is being updated.
$600 Second Stimulus Payments on the Way, With $2,000 Checks in Limbo
The Internal Revenue Service and Treasury Department have started to send the money approved by Congress and signed off by the president, as lawmakers continue to wrangle over whether payments should be boosted.
Fact Check: Is the IRS Sending Texts To Sign Up For Stimulus Checks?
The Internal Revenue Service (IRS) issued a warning over Twitter on December 1 urging people to stay alert of new text scams.
CARES Act Stimulus Check Delays 'Inexcusable,' IRS Must Act: Rep. Raul Ruiz
While lawmakers wrangle over a fresh relief package and the prospect of a second stimulus payment, some Americans are still waiting for their first check.
Hunter Biden Investigation: Here's What You Need to Know
"I'm not going to turn a blind eye on this," GOP Senator Ron Johnson said. "We'll keep digging."
IRS Mistakenly Sent Stimulus Checks to Non-Americans; It May Happen Again
Tax experts say the IRS doesn't have the "bandwidth" to track down the relief money, much of which was sent to ineligible foreigners alongside President Trump's signature addressing, "My Fellow American."
As Stimulus Checks Delay Rolls on, Scams Do Too
With people across the nation facing financial turmoil in the COVID-19 pandemic, fraudsters are looking to exploit the situation.
Chance of Americans Getting Second Stimulus Check Before Election Plummets
Despite bipartisan calls for such payments, it appears increasingly unlikely they will be delivered prior to Election Day on November 3.
Texas CEO Charged in $2 Billion Tax Evasion Scheme, Largest in U.S. History
"We will not hesitate to prosecute the smartest guys in the room," said U.S. Attorney David L. Anderson.
When Would Stimulus Checks Need Sign Off for Money to Arrive Pre-Election?
President Donald Trump has indicated a willingness to sign a standalone bill granting more Economic Impact Payments, although time is running out for people to receive them by November 3.