Millions of Americans are preparing for a $1,390 stimulus check from the IRS, which is expected to be distributed in mid-summer 2025. This financial relief is part of an initiative intended to assist ...

The IRS holds significant power to levy or seize assets to satisfy unpaid federal tax debts. Unlike commercial creditors, the federal government can target federal benefits, including Social Security ...

In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.

For those who cannot pay the full amount they owe in taxes, the Internal Revenue Service allows qualifying taxpayers to settle their tax debt for less than the full amount. This is called an “offer in ...

Starting Sept. 30, both the Social Security Administration and the IRS are phasing out paper checks as part of a massive federal digitization push. Here's what you need to know.

The second-quarter estimated tax deadline is June 16 — and on-time payments can help you avoid "falling behind" on your balance, according to the IRS. Typically, quarterly payments apply to income ...

If you are waiting or wondering about a tariff rebate, state or federal tax refund, inflation check, economic impact payment or a new, fourth stimulus check in 2025, here's an updated status from the ...

With about an hour left to the IRS tax filing deadline, several social media users reported seeing a ‘payment plan submission error’ on Tuesday. With about an hour left to the IRS tax filing deadline, ...

If the payment is less than $1,250, the penalty will be either the full amount of the payment or $25—whichever is less. If the payment exceeds $1,250, the penalty will be 2% of the total amount of the ...

In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no ...

Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to ...