Five Indicted in Nationwide Fraud Scheme
Five Connecticut men have been indicted in a series of fraud schemes that targeted the elderly, bilking them out of more than $4 million.…
Treasury Sending Prepaid Debit Cards to Some EIP Recipients
The Treasury Department announced that “EIP Cards” will be issued to some Economic Impact Payment recipients.…
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IRS Undercover Travel Expenses Audited
The Inspector General’s auditors looked at 49 vouchers from the 2018 fiscal year that included expenses from undercover travel.…
IRS Adding More Operators for EIP Calls
The Internal Revenue Service says it is in the process of hiring 3,500 additional telephone representatives so that taxpayers can get answers to their questions about Economic Impact Payments.…
Now Available: Paycheck Protection Program Loan-Forgiveness Application
The Small Business Administration says the PPP loan-forgiveness application is now available on SBA.gov.…
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IRS Sends EIP Information Packets to Partner Organizations
The IRS wants help spreading the word about Economic Impact Payments.…
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Economic Impact Payments, Virtual Settlement Days, Delayed EA Exams, and More – E44
Learn about recent IRS announcements concerning Economic Impact Payments, Virtual Settlement Days, the Special Enrollment Exams, and more in the latest news-roundup episode of the Taxing Subjects Podcast.…
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IRS Breaks Down Economic Impact Payments by State
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.…
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Treasury Wants Payments to Deceased Taxpayers Returned
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.…
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New Credits Available for Businesses Hit by COVID-19
The Internal Revenue Service is reminding employers who have been impacted by the Coronavirus pandemic that three new credits are available for them.…
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