IRS to waive $1 billion in tax penalties. Here's who qualifies. The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns. Dec 20, 2023 Do you use PayPal or Venmo? The IRS is giving you a break. Tax agency also said it will boost...
The IRS is making some changes to make this more accessible for seniors and others who don’t necessarily have active credit accounts. But this will still not be useful for many of the people who need our help the most – non-filers – people who haven’t filed a tax return for a yea...
The IRS and the Treasury Inspector General for Tax Administration (TIGTA) work with the U.S. Computer Emergency Readiness Team (US-CERT) and various Internet service providers and international CERT teams to have the phishing sites taken offline as soon as they are reported. ...
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But as the Committee sees it, that cooperation has fallen short this time around. "Some of our most vulnerable seniors and persons with disabilities, including veterans who served our country with honor, are unable to pay for basic necessities while they wait for their overdue payments." ...
seniors must file either a joint return if they are married or file as head of household to receive this tax credit. People who are below the age of 65 could still qualify for this credit if they are permanently disabled. Before they file, they may be required to obtain documentation from...
Individual filers can delay federal income tax payments for the 2020 tax year until May 17, 2021 without penalties and interest, regardless of the amount owed, the IRS said. Coronavirus Pandemic More Are flu and COVID high now? Here's how the season has started Many more seniors are get...
But as the Committee sees it, that cooperation has fallen short this time around. "Some of our most vulnerable seniors and persons with disabilities, including veterans who served our country with honor, are unable to pay for basic necessities while they wait for their overdue payments." ...