IRS

Stories 1 - 20 |  Next >>

IRS Delays the Start of Tax-Filing Season

Agency won't accept returns until Feb. 12

(Newser) - The tax-filing season will be a bit more condensed than usual this year. The IRS said Friday that it is pushing back the start of the season until Feb. 12, reports CNBC . Typically, taxpayers can start filing in late January. Despite the later start, the usual deadline of April 15...

After Years of Denials, the NRA Fesses Up

Current and former executives have been abusing funds, the nonprofit says

(Newser) - Looks like NRA execs really have been taking from the cookie jar. After years of denials, the National Rifle Association now admits that current and former executives—including current CEO Wayne LaPierre—recklessly used NRA funds for their personal enrichment, the Washington Post reports. According to a 2019 tax filing,...

Gift Card Scam Nets Tesla, Waterfront Home, and 9 Years

Ukranian hired by Microsoft to test system found a flaw

(Newser) - As a tester for Microsoft, Volodymyr Kvashuk placed fake online orders to check the system. The software wouldn't allow products to be sent to testers, so there was no risk of the company being scammed. Except there was. Kvashuk, who was hired in 2016, discovered nothing stopped him from...

Filed Your Tax Return on Time? You Could Get an Extra Check

If you're owed or received a refund, you'll get a refund interest payment

(Newser) - Almost 14 million Americans can expect payments from the Internal Revenue Service and the Treasury Department this week, but those taxpayers won't be using them for major purchases: The IRS says the average interest payment will be around $18. They'll be made to around 13.9 million taxpayers...

IRS to Workers: Come Back. (Bring Your Own Face Masks)

IRS is asking 10K employees to come back to work for incentive pay

(Newser) - The IRS is asking about 10,000 employees it deems "mission-critical" to come back to work beginning Monday, reports Politico , an "initial wave" that will task workers with "opening taxpayer correspondence, handling tax documents, taking taxpayer telephone calls, and performing other functions related to the filing season....

Man Felt 'Violated' After Landlord Text on Stimulus Check

Ore. man says property manager illegally accessed payment status via IRS site, asked for rent

(Newser) - On April 15, Austin Goodrich received his stimulus check from the government. That same day, he got some odd texts from his property manager, per Business Insider . In messages documented by Joshua Browder, CEO of the DoNotPay legal chatbot, Goodrich's landlord asked him, "You got your stimulus, just...

Dead People Are Getting Stimulus Payments

Relatives of the deceased are asking: Will the government want it back?

(Newser) - The dead may tell no tales, but they do get stimulus checks—and media reports are cropping up about relatives wondering what to do with the windfall. "Obviously, she does not need stimulus right now," Jeanne Siracuse tells NBC News about her mother, who received $1,200 despite...

IRS Starts Sending Out Payments, but There Are Snags

Direct deposits go through first, then checks will be mailed

(Newser) - More than 80 million people have already received their one-time payments from the IRS, mandated in the economic stimulus legislation, Treasury Secretary Steve Mnuchin said this week. Those are payments that the IRS was able to put directly into accounts. But there are issues in getting the payments to everyone...

It's Easy to Check on Your Stimulus Payment

IRS.gov goes live with a tracking tool

(Newser) - It's safe to say everyone who's expecting a federal stimulus check is eager to "get my payment." Those wondering exactly when that will happen can now turn to "Get My Payment" to find out. The new feature on went live on IRS.gov on Wednesday,...

Stimulus Checks Will Have an Unusual Name on Them

A president's name, for the first time ever

(Newser) - If you're among the Americans checking their mailboxes for a stimulus check, the Washington Post reports that yours will be coming to you a little differently than any other IRS disbursement in history: It will bear the words "President Donald J. Trump" on the left-hand side of the...

Uh, About Those Coronavirus Checks

But Treasury Secretary Steven Mnuchin isn't buying it

(Newser) - Those coronavirus checks might be a while. A congressional memo has already warned that Americans who haven't given the IRS direct deposit information may have to wait up to five months. Now experts and US officials tell USA Today that antiquated technology and reduced staffing at the agency might...

Treasury Does 180 on Stimulus Funds for One Set of Americans

Social Security recipients won't have to file tax return to get money

(Newser) - One of the biggest challenges the Treasury Department has in getting Americans their checks from the $2.2 trillion coronavirus stimulus package is tracking down people who don't file tax returns. Now, at least one key group of nonfilers will see that process expedited. The official word, delivered from...

Tax-Filing Deadline Just Got Pushed Back

Americans now have until July 15

(Newser) - Taxpayers now have more time to file their taxes amid the coronavirus outbreak: The deadline has been pushed back to July 15 from April 15, said Treasury Secretary Steven Mnuchin on Friday. "All taxpayers and businesses will have this additional time to file and make payments without interest or...

Whistleblower: Mormon Church Is Hoarding $100B

He says investment division should be stripped of tax-exempt status

(Newser) - The Church of Jesus Christ of Latter-Day Saints has been hoarding cash that its members thought would be used for charitable purposes, according to a whistleblower who worked at the church's investment division. David Neilsen, a former senior portfolio manager at Ensign Peak Advisors, alleges in a complaint to...

There's Another Whistleblower

And this one has made an accusation about Trump's tax returns

(Newser) - Tired of reading about the President Trump whistleblower complaint? Well there's another complaint involving Trump that kind of flew under the media radar, Business Insider reports. Turns out a federal worker presented "an unsolicited communication" on July 29 summarizing allegations of "inappropriate efforts to influence" the compulsory...

IRS Memo Contradicts Administration on Trump Tax Returns

It rejects Mnuchin's reason for withholding them

(Newser) - A draft Internal Revenue Service memo obtained by the Washington Post directly undercuts Treasury Secretary Steven Mnuchin's rationale for refusing to give President Trump's tax returns to House lawmakers—and may expose a rift in the IRS over the issue. The legal memo prepared last fall states that...

Mnuchin, IRS Chief Hit With Subpoenas on Trump Tax Returns

They have a deadline of 5pm next Friday to deliver the goods to House Democrats

(Newser) - The Treasury Department and IRS have been put on alert, and they've got a deadline. Politico reports on the ongoing Democratic effort to obtain President Trump's tax returns, with the latest move involving subpoenas from Richard Neal, chair of the House Ways and Means Committee, to Treasury Secretary...

More Bad News for Baltimore's Self-Publishing Mayor

Raids conducted at several locations linked to Catherine Pugh

(Newser) - Baltimore Mayor Catherine Pugh remained on paid leave Thursday following a bout of pneumonia, while FBI agents were hard at work. A spokesman confirms agents from the Baltimore FBI office and Washington IRS office raided City Hall, two homes owned by Pugh, and the office of her attorney early Thursday,...

Congress May Kill Chance of Free IRS Tax Filing

ProPublica reports that a bipartisan bill would bar the creation of such a system

(Newser) - It's beginning to look like the IRS will never provide a free online tax-filing system for Americans, reports ProPublica . The news outlet blames heavy lobbying from the likes of TurboTax and H&R Block. A bill with bipartisan support has cleared the House Ways and Means Committee, and one...

House Democrats Make Big Move on Trump Tax Returns

Committee chairman asks IRS for 6 years of returns

(Newser) - A House committee chairman on Wednesday formally asked the IRS to provide six years of President Trump's personal tax returns and the returns for some of his businesses as Democrats try to shed light on his complex financial dealings and potential conflicts of interest. The request by Massachusetts Rep....

Stories 1 - 20 |  Next >>
Popular on Newser
We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.