What is the Recovery Rebate Credit?
The Recovery Rebate Credit is authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the COVID-related Tax Relief Act. It is a tax credit against your 2020 income tax.…
Read moreAll taxpayers now eligible for Identity Protection PINs
IRS YouTube Video:Get an Identity Protection PIN – English | Spanish WASHINGTON – The Internal Revenue Service today expanded the Identity Protection PIN Opt-In Program to all taxpayers who can verify their identities. The…
Read moreHow the IRS prioritizes compliance work on high income non-filers through national and international efforts
Our pursuit of these high income non-filers provides an important service and shows respect to the majority of Americans who pay their taxes. Get to know the IRS, its people…
Read moreNational Tax Security Awareness Week, Day 3: IRS expands Identity Protection PIN Opt-In Program to taxpayers nationwide
IRS YouTube Video: New Security Measures Help Protect Against Tax-Related Identity Theft English WASHINGTON — As part of the Security Summit effort, the Internal Revenue Service announced today that starting in…
Read moreTerms to help taxpayers better understand Individual Retirement Arrangements
Many taxpayers may have heard of Individual Retirement Arrangements, or IRAs, but some don’t know how IRAs help them save for retirement.People can set up an IRA with a bank or…
Read moreIRS unclaimed refunds of $1.5 billion waiting for tax year 2016; taxpayers face July 15 deadline
WASHINGTON – Unclaimed income tax refunds worth more than $1.5 billion await an estimated 1.4 million individual taxpayers who did not file a 2016 federal income tax return, according to…
Read moreTreasury, IRS deliver 88 million Economic Impact Payments in first three weeks, release state-by-state Economic Impact Payment figures
WASHINGTON –The Treasury Department and the Internal Revenue Service today released state-by-state figures for Economic Impact Payments, with 88 million individuals receiving payments worth nearly $158 billion in the program’s…
Read moreIRS Provides Clarification on EIP and Refund Settlement Products
The IRS has provided additional information and clarification for taxpayers who used a refund settlement product and are seeing a bank account number they don’t recognize through the Get My…
Read moreTaxpayers with a filing requirement must file a tax return to get an Economic Impact Payment
While most eligible taxpayers don’t need to take any action to receive an Economic Impact Payment, some people will. This includes those who are required to file and haven’t filed a…
Read moreTreasury, IRS launch new tool to help non-filers register for Economic Impact Payments
IRS.gov feature helps people who normally don’t file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information WASHINGTON – To help millions…
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