An IRS payment plan allows you to pay your tax obligation over time, but most payment plans charge fees, penalties and ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The IRS announced plans to issue automatic payments to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. The Recovery Rebate Credit provides up to $1,400 ...

Failing to report a Form 1099 on your tax return (or at least explain it) triggers an IRS notice asking you to explain or pay up. Thus, if you receive a Form 1099, report it, even if you are ...

The Internal Revenue Service announced in December 2024 that it sent out a round of automatic payments. But, when will the money hit your bank account? The payments are for eligible taxpayers who ...

Many Americans are facing financial difficulties due to inflation and the rising cost of living, and for some, the special payments issued by the IRS of up to $1,400 will be of great help.

The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who ...

Some 1 million taxpayers are eligible for stimulus payments that will be issued automatically by the Internal Revenue Service. The stimulus payments aren’t technically new – instead ...