News

Knowing that you owe money to the Internal Revenue Service (IRS) can be stressful enough, but if the situation escalates to the point of wage garnishment, those stress levels can surge.
The IRS chief information officer said he is leaving the agency later this month, announcing his departure shortly before the April 15 tax filing deadline, multiple outlets reported Monday evening.
After three years, the IRS typically ... money on the table—not only from withheld income taxes but also from valuable refundable credits, such as the Earned Income Tax Credit (EITC) and ...
The IRS recently released an updated Form 4255, Certain Credit Recapture, Excessive Payments, and Penalties, which is used to report the amount due for certain credit recaptures, excessive ...
She was one of the nominees for Best News Piece at the U.K's Anti-Slavery Day 2023 Awards in Parliament ... received approximately $64 billion in EITC, IRS data shows. The IRS is required by ...
However, taxpayers who qualify for certain credits, such as the Earned Income Tax Credit (EITC ... loans The IRS also notes that taxpayers who haven’t filed for 2022 or 2023 may have their ...
Susan Tompor USA TODAY NETWORK Nearly 70,000 people in Florida have left more than $61 million worth of unclaimed tax refunds on the table ... T with the IRS to request a wage and income transcript.
The state-by-state table below shows ... tax returns for 2022 and 2023. In addition, any refund amount for 2021 will be ...
The middle-aged woman seated across from me in Kotzebue, Alaska in late February couldn't conceal her delight. Last year, she’d spent nearly $2,000 to have her simple 1040 tax return prepared ...