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Why The IRS Loves 7-Eleven

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Payments must not go past $1,000 per day, and payers can make two payments total using this method. Today’s consumers want convenience, as evidenced by the more than 75 percent of IRS electronic payments that are made through OfficialPayments.com via online or a mobile browser. ”

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IRS Asks Court To Dismiss Motion To Block It From Accessing Coinbase Data

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The Internal Revenue Service has asked a court to dismiss a motion filed by a Coinbase user who wants the court to block the IRS from accessing transaction data. According to a report by Forbes , the IRS, in a motion filed on Tuesday (Dec. Berns , sued to get that ruling set aside, and now, the IRS had its turn with the courts.

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Ingo Money’s Edwards: Government Disbursement Modernization Depends On Digital Engagement

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There is no customer experience between the government, as a payer, and the citizen recipient. Right now, the IRS has everything it needs, except for one big, important thing: the ability to electronically engage a citizen safely, asking how she wants her money.”. And it’s a problem that is fairly unique to the government, he noted.

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NRF Survey: Tax Payers Not Spending Refunds

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That day is when the IRS hands out tax refund checks from the previous year’s tax filing. There’s one day out of the year to which most adults look forward with the same excitement that children do with Christmas.

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How Automation Can Help With FATCA Compliance

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Validating tax information to comply with the IRS: sounds like a no-brainer, something every business and finance organization would simply take for granted and have to do. New policies put the onus on payers, not payees, to guarantee accurate information on tax forms.

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Financial Aid Tool Breach Yields 100K Taxpayers Worth Of Stolen Data

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The IRS filters were able to stop 52,000 returns and prevented 14,000 illegal refund claims from being sent. The IRS first noticed and made the federal DoE aware of the issue in early fall. “I The scam led to about 8,000 fraudulent refunds — worth about $30 million.

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Death And Taxes: One Is Becoming Much More Digital

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And digital payers are striving to win more business from tax filers this year. According to various estimates, it can take three to four weeks to get a tax refund from the IRS, while Americans who take the Earned Income Tax Credit or the Additional Child Tax Credit won’t get their refunds until Feb. About 92 percent of the 141.5