by taxPRO Websites Staff | Jan 23, 2021 | Tax Tips and News
The Internal Revenue Service closed out the week by reminding taxpayers that receiving a tax refund by direct deposit is faster and more flexible than traditional paper checks, even for those who do not currently have a bank account.… Read more about IRS Recommends...
by taxPRO Websites Staff | Jan 13, 2021 | Tax Tips and News
The Internal Revenue Service is expanding just who is eligible for an Identity Protection PIN. In fact, the IRS has thrown open the gates and now says any taxpayer who can verify their identity can now get an IP PIN.… Read more about All Taxpayers Now Eligible for...
by taxPRO Websites Staff | Jan 9, 2021 | Tax Tips and News
The Internal Revenue Service this afternoon announced it was working with the tax and financial industry to redirect Economic Impact Payments that were direct deposited in closed, inactive, or “unfamiliar” bank accounts.… Read more about IRS, Tax Industry Working to...
by taxPRO Websites Staff | Jan 5, 2021 | Tax Tips and News
The second set of Economic Impact Payments are already showing up in eligible Americans’ bank accounts, but some may encounter problems with their direct payment. Rather than picking up the phone, the Internal Revenue Service today advised taxpayers to instead visit...
by taxPRO Websites Staff | Dec 31, 2020 | Tax Tips and News
The Treasury Department and Internal Revenue Service yesterday evening announced that the next set of Economic Impact Payments are officially on the way. According to the IRS release, the agency aimed to start direct deposits later that night and send the first round...
by taxPRO Websites Staff | Dec 30, 2020 | Tax Tips and News
The president signed H.R. 133, or the Consolidated Appropriations Act of 2021, on Sunday, December 27, greenlighting $900 billion in coronavirus relief for Americans.… Read more about President Signs Second Coronavirus Stimulus, Direct Payments on the Way (Feed...