In 2024, the Internal Revenue Service announced automatic payments for eligible taxpayers who had not claimed the Recovery ...

In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.

The requirement for direct deposit information in tax returns stems from the implementation of Executive Order (EO) 14247, titled Modernizing Payments To and From America’s Bank Account. Signed by ...

What do increased fraud, significant costs and operational inefficiencies all have in common? Paper checks, or, at least, those were the reasons cited when President Donald Trump issued an executive ...

If you didn’t file or pay your federal taxes by the April 2025 deadline, you're not alone, and more importantly, you're not out of options. The Internal Revenue Service (IRS) recently outlined several ...