IRS YouTube Video: New Security Measures Help Protect Against Tax-Related Identity Theft  English WASHINGTON — As part of the Security Summit effort, the Internal Revenue Service announced today that starting in…

Many taxpayers may have heard of Individual Retirement Arrangements, or IRAs, but some don’t know how IRAs help them save for retirement.People can set up an IRA with a bank or…

WASHINGTON – Unclaimed income tax refunds worth more than $1.5 billion await an estimated 1.4 million individual taxpayers who did not file a 2016 federal income tax return, according to…

WASHINGTON –The Treasury Department and the Internal Revenue Service today released state-by-state figures for Economic Impact Payments, with 88 million individuals receiving payments worth nearly $158 billion in the program’s…

The IRS has provided additional information and clarification for taxpayers who used a refund settlement product and are seeing a bank account number they don’t recognize through the Get My…

While most eligible taxpayers don’t need to take any action to receive an Economic Impact Payment, some people will. This includes those who are required to file and haven’t filed a…

IRS.gov feature helps people who normally don’t file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information WASHINGTON – To help millions…

WASHINGTON — The Internal Revenue Service and Department of the Treasury issued Revenue Procedure 2020-11 that establishes a safe harbor extending relief to additional taxpayers who took out federal or private student…

January 14, 2020by Lisa Weintraub SchifferleAttorney, FTC, Division of Consumer & Business Education Now that you know why credit matters, it’s time to get your credit in order. Sometimes the hardest…

Taxpayers who donate to a charity may be able to claim a deduction on their tax return. These deductions basically reduce the amount of their taxable income. Taxpayers can only…