IRS

The Internal Revenue Service is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States.

(source: irs.gov)

It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021
It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021
July 15, 2020  |  Taxes

Today (July 15) is Tax Day, and despite it coming three months later than normal due to COVID-19, several million Americans will be scrambling to...

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IRS Reminds Americans Taxes Due July 15
IRS Reminds Americans Taxes Due July 15
July 09, 2020  |  Taxes

For taxpayers who took advantage of the 90-day reprieve to file or pay taxes, the deadline is almost up. The Internal Revenue Service (IRS) has...

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A Digital Disbursement Fix To Help SMBs Keep Afloat
A Digital Disbursement Fix To Help SMBs Keep Afloat
July 02, 2020  |  Disbursements

The pandemic is continuing to throw typical business operations for many industries into flux, resulting in disastrous financial consequences. Small- to medium-sized businesses (SMBs) in...

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IRS Corporate Audits Drop 71 Pct, Individual Audits Fall 65 Pct
IRS Corporate Audits Drop 71 Pct, Individual Audits Fall 65 Pct
June 29, 2020  |  Taxes

The number of tax audits on corporations plunged amid the pandemic, with the IRS saying in the National Taxpayer Advocate’s “Objectives Report to Congress” report...

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Wells Fargo On Why First Impressions Are Key In Digital Banking
Wells Fargo On Why First Impressions Are Key In Digital Banking
June 29, 2020  |  Digital-First Banking

Consumers are embracing digital banking amid the pandemic, with many signing up for the first time. But time-consuming onboarding procedures that require extraneous details lead...

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$1.4B In Pandemic Stimulus Checks Went To Dead People
$1.4B In Pandemic Stimulus Checks Went To Dead People
June 25, 2020  |  Coronavirus

Pandemic stimulus payments totaling almost $1.4 billion went to dead people as the Internal Revenue Service (IRS) and Treasury Department rushed to send out $269...

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Bitcoin Daily: SEC Freezes Crypto Firm’s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA
Bitcoin Daily: SEC Freezes Crypto Firm’s Assets, Alleging It Stole $12M From Investors; Hong Kong:...
June 08, 2020  |  Bitcoin

The Securities & Exchange Commission (SEC) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports....

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The Machine Learning Fix For Healthcare Disbursement Delays
The Machine Learning Fix For Healthcare Disbursement Delays
June 02, 2020  |  Disbursements

Financial institutions (FIs), businesses and healthcare providers are adjusting their operations to suit the new reality that the COVID-19 pandemic has caused. Healthcare provideers, for...

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Problems With Stimulus Debit Cards Continue For Americans
Problems With Stimulus Debit Cards Continue For Americans
June 01, 2020  |  Coronavirus

Americans continue to face problems with accessing stimulus debit cards, with some people receiving cards they can’t use due to the wrong names being printed...

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