Internal Revenue Service

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Looks Like This Year's Dreaded Tax Deadline Isn't April 15

IRS is expected to push it back a month

(Newser) - If you've been procrastinating on your 2020 taxes, don't feel guilty about staying that course. The IRS on Wednesday will reportedly push the deadline from April 15 to May 15. CNN reports Democratic Reps. Jamie Raskin and Bill Pascrell had been urging the move due to the pandemic....

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...

$1.4B in Stimulus Money Went to Dead People

Government watchdog finds that death records weren't reviewed

(Newser) - The Trump administration has some lessons to learn before sending out any new coronavirus stimulus checks . More than 1 million checks for a combined $1.4 billion were distributed to dead people, according to a government watchdog report covering coronavirus relief spending approved by Congress as of April 30. In...

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...

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...

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...

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...

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....

Trump's Fed Pick Has Large Unpaid Tax Bill

IRS is pursuing Stephen Moore for $75K

(Newser) - President Trump's controversial choice for a seat on the Federal Reserve board doesn't have his own finances in order, according to court documents. A federal tax lien in Maryland says conservative commentator Stephen Moore, who owns a home in the state, owes $75,328 in taxes and penalties,...

Feds Say Shutdown Won't Delay Tax Refunds

Furloughed workers will be recalled

(Newser) - Relief for taxpayers? The administration says there will not be delays to tax refunds despite a government shutdown stretching into its third week. Acting White House budget office director Russell Vought says refunds will go out on time. He told reporters Monday that rules will be changed to make the...

In Shutdown, a 'Wrench' in Getting Your Tax Refund?

IRS employees who process tax refunds are among first to be furloughed

(Newser) - The Internal Revenue Service may not be anyone's favorite government agency, but many taxpayers may be pulling for it to regain full staffing over the next few weeks. That's because tax refunds may be delayed this year, thanks to the partial government shutdown, USA Today reports. Per a...

Trump Could Face 'Staggering' Tax Penalty

NY officials 'vigorously pursuing' investigation

(Newser) - Though President Trump insists he did nothing wrong on his taxes , experts say he could be on the hook for tens of millions of dollars in civil fines if state and federal authorities substantiate a New York Times report that found he and his family cheated the IRS for decades....

Happy Tax Day; IRS Online Payment Site Is Down
Tax Day Is Now
Tomorrow
updated
Apr 17, 2018 7:01 PM CDT

Tax Day Is Now Tomorrow

After IRS online payment site fails

(Newser) - The IRS is giving all taxpayers an extra day to file after its website went down on deadline day, the AP reports. The agency announced that individuals and businesses with a filing or payment that was due Tuesday now have until midnight Wednesday. It said no additional paperwork is needed...

Using Contractors to Collect $6.7M Cost IRS $20M

Watchdog says program is harming taxpayers

(Newser) - The Internal Revenue Service's outsourcing of tax debt collection is costing the IRS about $3 for every $1 it brings in, according to a report from a federal watchdog. National Taxpayer Advocate Nina Olson, head of the Taxpayer Advocate Service, said in her annual report to Congress Wednesday that...

Tax Refunds Delayed for Low-Income Families

IRS needs more time to guard against identity theft

(Newser) - The IRS is delaying tax refunds for more than 40 million low-income families this year as the agency steps up efforts to fight identity theft and fraud. The delays will affect families claiming the earned income tax credit and the additional child tax credit. These tax breaks are geared to...

Seeking Good PR, IRS Busted With Wrong Capone Gun

After input from readers, the IRS has gotten its story straight

(Newser) - It was a story the Internal Revenue Service needed to get right, a we-done-good look back at the 1931 conviction of legendary gangster Al Capone for tax evasion—a feat they pulled off when no one else could get him on any other charges. Hoping for some good press, the...

The Genius Way People Are Paying Nelly's $2.6M Tax Bill

By streaming 'Hot in Herre' and other Nelly hits about 287.2M times

(Newser) - Cornell Iral Haynes Jr. is in trouble with the taxman, but you may be able to help. You also might be more inclined to lend a hand if you recognize Mr. Haynes by his stage name, Nelly, and realize that it would take just a few minutes on Spotify to...

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