Remove Government Remove IRS Remove Tax Refunds
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State And Local Governments Wrestle With Faster Payments

PYMNTS

Legacy technology issues abound these days, but for sheer scale (and a good giggle) always look to the government. These stories of inefficiency and overspend are usually epic and sometimes humorous, but there’s nothing funny about the torpor affecting state and local government disbursements. Illinois printed and mailed $1.3

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Death And Taxes: One Is Becoming Much More Digital

PYMNTS

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

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Will COVID And Fraud Finally Kill The Paper Check?

PYMNTS

Consider the roughly 200 Rhode Islanders who recently received tax refund checks signed by Mickey Mouse and Walt Disney. The majority of the misprinted checks were sent to businesses receiving corporate tax refunds. government accidentally sent to dead people. Case in point are the roughly $1.4

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It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021

PYMNTS

But as it turns out, taxpayers won’t be the only ones scrambling to deal with taxes in a timely manner this year. According to NPR , the Internal Revenue Service (IRS) has a tough road ahead as it attempts to process returns amid worsening pandemic conditions. The IRS has since brought back larger and larger shares of its workforce.

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Getting Stimulus Disbursements Right In The Next Round

PYMNTS

PYMNTS’ December 2020 Disbursements Tracker® , done in collaboration with Ingo Money , notes that “the pressure is on for … government agencies to upgrade their legacy infrastructures to facilitate a modernized, digital disbursements experience. and it can happen in real time to the account a recipient chooses and authenticates.”.

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Why Millennial SMB Owners Need Faster Tax Disbursements

PYMNTS

The joys of tax season: complex paperwork, long wait times and check disbursements. Many United States consumers are still reliant on paper checks when it comes to receiving their tax refunds, which represents the largest sum of money many of them will receive at one point during the fiscal year. Only 24 percent of U.S.

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Data Dive: The Yes, No, Gotcha! Edition

PYMNTS

Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.