IRS

IRS Extends Deadline To Register For Stimulus

(CNN) - Remember that $1,200 stimulus check from the U.S. government you probably received months ago? Well, millions people are still waiting for theirs. At least that's the Internal Revenue Service's best guess. The truth is, no one really…

New York Times: Trump Paid No Income Taxes 10 Of Past 15 Years

(CNN) - The New York Times says it has obtained copies of president Trump's much-sought-after tax returns. It reports the president paid no taxes in 10 recent years because he claimed his businesses were floundering. The Times says, president…

IRS To Send Out 50,000 Checks After Error

(CNN) - The IRS is sending out catch-up economic impact payment checks to roughly 50,000 people. This, after an error occurred in the rush to send out stimulus payments earlier this year. 50,000 individuals had their part of the…

IRS Unveils Top Tax Scams For 2020

(CNN) - Calling it their "dirty dozen" list, the IRS released what it considers to be the top tax scams of 2020. The federal agency says the list focuses on scams that target taxpayers and emphasizes aggressive and evolving…

IRS Canceling Stimulus Checks Sent To Dead People

(CNN) - If you received a COVID stimulus check for someone who died; don't worry about returning it. The Internal Revenue Service is now saying those checks have been canceled. The tax agency previously requested family members return them.…

Income Taxes Due This Week

(CNN) - If you haven't filed your federal taxes yet, you still have two days. This year's federal income tax deadline is Wednesday, July 15th. It was of course postponed due to the coronavirus pandemic. If you are filing,…

IRS Not Extending Tax Deadline, Returns Due July 15

(CNN) - The Internal Revenue Service is not extending the tax deadline. The 2019 tax filing and payment deadline is coming up on July 15th. It was postponed by April 15th because of the coronavirus pandemic. For people who…

IRS Watchdog: High-Income Filers Skipping Taxes

(CNN) - A government watchdog says the IRS failed to go after hundreds of thousands of high-income individuals who didn't pay their taxes. That's according to Bloomberg news, citing a report by the Treasury Inspector General for Tax Administration.…

IRS Requesting Thousands Of Workers Return To Work

(CNN) - The Internal Revenue Service is asking thousands of employees to voluntarily return to work. The IRS says it needs more workers on-site to perform what it calls essential functions, including opening mail and processing paper returns. It's…

Government Releases Picture Of Stimulus Check With Trump Name

(CNN) - We're getting a look at what the paper economic stimulus checks, with president Trump's name on them may look like. The prototype is included in a U.S. Secret Service news release warning people about potential scams related…