In the midst of a global pandemic, the gravitational pull toward digital transactions has been amplified.
The Internal Revenue Service won’t charge people who threw their stimulus money away because they thought the envelope was junk mail.
The service is looking to go online to help more taxpayers who aren’t represented by counsel.
The Internal Revenue Service is giving retirement plan participants and beneficiaries some added flexibility during the COVID-19 pandemic to remotely sign or have their retirement plan elections notarized.
Nearly 4 million households that were to be mailed paper checks will instead receive their pandemic relief aid via prepaid debit cards issued by MetaBank.
The application from the Treasury leaves many questions unanswered.
The Internal Revenue Service and the Treasury Department are beginning to send nearly 4 million economic impact payments by prepaid debit card, instead of by paper check or direct deposit.
The Internal Revenue Service is bringing in more help to deal with the flood of calls about economic impact payments.
Tax practitioners share the questions they’re getting asked most, and how they’re answering.
The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.