How to get a federal tax refund faster with direct deposit
The Internal Revenue Service reminds taxpayers that the fastest way to get their tax refund is by filing electronically and choosing direct deposit. Direct deposit is free, fast, simple, safe [...]
2021 tax filing season begins Feb. 12; getting refunds amid pandemic
The Internal Revenue Service announced that the nation's tax season will start on Friday, Feb. 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns. [...]
Treasury issues millions of second stimulus check by debit card
The Treasury Department and the Internal Revenue Service are sending approximately 8 million second Economic Impact Payments (EIPs) by prepaid debit card. These EIP Cards follow the millions of payments [...]
Second Economic Impact Payments to millions of Americans being sent
The Internal Revenue Service and the Treasury Department has begun delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of [...]
IRS issues standard mileage rates for 2021
Do you commute or drive a lot of miles for your job? The Internal Revenue Service has issued the 2021 optional standard mileage rates used to calculate the deductible costs [...]
Expanded tax benefits can help give to charity during 2020
The Internal Revenue Service said expanded tax benefits can help individuals and businesses give to charity before the end of this year. The Coronavirus Aid, Relief and Economic Security (CARES) [...]
All tax prep software to offer multi-factor authentication in 2021
It's always a good idea to do whatever you can to protect yourself and your business from online cyber thieves and hackers — especially when it comes to taxes. Thankfully, [...]
New security measures help protect against tax-related ID Theft
The Internal Revenue Service, state tax agencies, and the tax industry urged businesses to be on guard as thieves try to use their stolen names and data to file fraudulent [...]
Special $300 tax deduction helps most people give to charity in 2020
The Internal Revenue Service reminds taxpayers of a special new provision that will allow more people to easily deduct up to $300 in donations to qualifying charities this year. Following [...]
IRS criminal investigation division releases FY 2020 report; $2.3B in tax fraud
The Internal Revenue Service has released the Criminal Investigation Division's annual report highlighting the agency's successes and criminal enforcement actions taken in the fiscal year 2020, the majority of which [...]