IRS Related Topics 
PYMNTS
APRIL 10, 2020
A new IRS portal for coronavirus relief payments has been launched in conjunction with the U.S. citizens and resident aliens who are not claimed as dependents and had gross income below $12,200 ($24,400 for married couples) in 2019, according to the IRS site. Treasury to assist people who don’t typically file taxes. .
Payments Source
JANUARY 8, 2021
The Treasury Department and IRS are sending out approximately 8 million Visa prepaid cards to deliver a second round of Economic Impact Payments (EIPs) to consumers.
PYMNTS
APRIL 22, 2020
If your $1,200 federal COVID-19 stimulus payment has been deposited into your bank account by the Internal Revenue Service (IRS), consider yourself one of the lucky ones. An IRS spokesman told PYMNTS that only about 80 million payouts – about half of the expected total – had been issued as of last Friday (April 17).
Fintech Finance
APRIL 10, 2025
Among consumers who have experienced scams, one-third were phone and email scams involving fraudsters impersonating the IRS. ACI is one of two approved IRS service providers and one of the platforms taxpayers can use for IRS DirectPay. credit cards, loans, etc.) 20% would make minor purchases (e.g.,
PYMNTS
AUGUST 18, 2020
Department of the Treasury and the IRS are planning to send out interest payments totaling $18 on average to 13.9 In any such incident, where the date is postponed from its usual April 15 deadline, the IRS is required to pay interest. million Americans who filed their tax returns in the last few months, according to a press release.
PYMNTS
JULY 23, 2020
Since the IRS has already assembled the data it needs to deliver the first-stimulus payment, they should be able to deliver a second payment fairly quickly and at a lower administrative cost,” Jack Smalligan, a former Office of Management and Budget official, told WSJ.
PYMNTS
JANUARY 7, 2021
Compounding that are the reports from many of those people that the IRS hasn't been responsive to calls about the issue, CNBC said, as many of them waited for hours at a time and then were randomly disconnected. CNBC reported thousands of such emails from Americans in dire need of the checks to pay bills.
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