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

PPP Recipients To Lose Valuable Tax Breaks

PPP Recipients To Lose Valuable Tax Breaks
PPP Recipients To Lose Valuable Tax Breaks
May 01, 2020  |  Loans

Small businesses fortunate enough to get their Paycheck Protection Program (PPP) loans forgiven will forfeit some tax breaks, according to new rules from the Internal...

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MetaBank, Fiserv To Issue Preloaded Visa Cards For Stimulus Payments
MetaBank, Fiserv To Issue Preloaded Visa Cards For Stimulus Payments
April 30, 2020  |  Coronavirus

The U.S. Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Get the Full Story Complete the...

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IRS Updates Site To Give Consumers More Visibility Into Stimulus Status
IRS Updates Site To Give Consumers More Visibility Into Stimulus Status
April 27, 2020  |  Coronavirus

Those who had trouble utilizing the IRS’ “Get My Payment” web tool to access their personal stimulus funds may now find it easier to use...

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The IRS Stimulus Check Is Finally In The Mail (For Some)
The IRS Stimulus Check Is Finally In The Mail (For Some)
April 24, 2020  |  Coronavirus

The Internal Revenue Service (IRS) said on Friday (April 24) that another eight million Americans have received their coronavirus stimulus payments over the past week....

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ID Verification, Insurance AI, Stimulus Funds Top This Week’s News
ID Verification, Insurance AI, Stimulus Funds Top This Week’s News
April 24, 2020  |  News

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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For Taxpayers Looking For Stimulus Checks, IRS Site Leaves Them In Limbo
For Taxpayers Looking For Stimulus Checks, IRS Site Leaves Them In Limbo
April 23, 2020  |  Disbursements

For many Americans, the federal government’s stimulus website has remained a source of frustration as they are unable to work due to the coronavirus pandemic and...

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IRS $1,200 Stimulus: Why Your Check Is Not In The Mail
IRS $1,200 Stimulus: Why Your Check Is Not In The Mail
April 22, 2020  |  Coronavirus

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...

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Today In Payments: Public Businesses Reap PPP Relief; Grab CEO Says Company Facing ‘Tough Decisions’
Today In Payments: Public Businesses Reap PPP Relief; Grab CEO Says Company Facing ‘Tough Decisions’
April 21, 2020  |  News

In today’s top news, millions of dollars from the Paycheck Protection Program (PPP) have not gone to benefit small and medium-sized businesses (SMBs), and the...

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IRS Puts Tax Refunds In Storage As It Works On Stimulus Checks
IRS Puts Tax Refunds In Storage As It Works On Stimulus Checks
April 21, 2020  |  Taxes

Tax refund season has turned into a nightmare for the Internal Revenue Service (IRS), which now has whole storage units full of unopened refund requests...

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