Congress’ timeline for new program poses challenge for the IRS. Commissioner Charles Rettig of the Internal Revenue Service has expressed concerns over the implementation of monthly payments under…
Read MoreInternal Revenue Service
IRS to Delay Tax Deadline
Taxpayers will have an additional month. The Internal Revenue Service is planning to delay the April 15 tax filing deadline by about one month, although they are still…
Read More
IRS Backed Up on Tax Returns for Last Year
As of December 25, some 6.9 million returns had not been processed. Stimulus payments have not been received by many taxpayers because their 2019 tax returns have not…
Read More
IRS Returns Owed Interest
Nearly 14 million taxpayers to receive funds. The Department of the Treasury announced on Thursday that the Internal Revenue Service (IRS) would be returning over $12 million of…
Read More
IRS to Allow Benefit Changes Mid-year
With employer consent, workers can adjust their coverage. The IRS recently announced that, for the remainder of 2020, employees can change their health coverage programs as long as…
Read More
Hospitals May Lend Unused Ventilators
President announced new public-private initiative. On Tuesday, President Trump announced a new initiative, which he called the “Dynamic Ventilator Reserve,” during a meeting with healthcare executives at the…
Read More
IRS Begins Depositing COVID-19 Aid Checks
Will continue aid distribution over the following weeks. The IRS announced on Saturday that it had begun the process of distributing millions of checks to Americans in order…
Read More
IRS Launches Registration Tool for COVID-19 Relief
Online form allows for non-income tax filers to get aid. On Friday the IRS announced that it had completed its online tool for individuals to register for stimulus…
Read More