The IRS announced that close to 130 million taxpayers have now received an Economic Impact Payment—up from the 88 million toward the end of April—bringing the total amount of money issued to more than $200 billion.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The U.S. Treasury Department has found a loophole in the stimulus payments sent out to individuals. Some of the recipients were actually deceased—and Treasury wants that money back.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service is reminding employers who have been impacted by the Coronavirus pandemic that three new credits are available for them.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service announced that Settlement Days will be hosted via teleconferencing platforms due to coronavirus stay-at-home orders.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Tax Foundation found that states relying on oil-related taxes could have state revenue shortfalls.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service reminded low-income Americans who don’t normally file a tax return that they are probably eligible to receive an Economic Impact Payment.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…