Over a hundred members of Congress are asking the service to resolve a number of issues preventing the remaining Economic Impact Payments from going out.
A study has found that the last batch of stimulus checks arrived at wealthier, White households more quickly than to those of Blacks and Hispanics.
With a resurgence of the coronavirus threatening a nascent rebound of the U.S. economy, the White House and Congress are under increased pressure to come to terms on another round of stimulus.
The head of a federal watchdog agency had some direct experience with the shortcomings of one of the coronavirus stimulus programs — a check from the IRS made out to his late mother.
The federal government’s quick action to issue stimulus payments led to more than a billion dollars of fraudulent payments, according to the GAO.
Taxpayers who are owed a refund may also get a second check this year if they took advantage of the July 15 extended filing deadline, according to the Internal Revenue Service.
Top division officials at the agency share updates on their compliance and service priorities.
The Internal Revenue Service told nursing homes and other care facilities Tuesday that they shouldn’t be seizing their residents’ economic impact payments.
Some multinational companies can generate additional carryback tax loss relief through transfer pricing planning.
The Internal Revenue Service won’t charge people who threw their stimulus money away because they thought the envelope was junk mail.