IRS grants tax extensions to Hurricane Florence victims
WASHINGTON — Hurricane Florence victims in parts of North Carolina will get more time to file and pay certain taxes that were originally due in the coming weeks. The Internal Revenue Service said...
View ArticleIRS recalls 46K employees furloughed for shutdown to process taxes without pay
WASHINGTON — The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out...
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Big refund or big disappointment? Impact of law changes on tax refunds
MILWAUKEE -- In the midst of tax season, preparers are working around the clock ahead of this year's deadline. With the new tax law changes, Americans can expect a difference in their returns this...
View ArticleIRS data shows refunds down 2% under new law
WASHINGTON, D.C. — IRS data released Thursday shows that while the average refund fell, the tax filing season was largely unchanged by the massive tax overhaul. The Tax Cut and Jobs Act, pushed by...
View ArticleIRS Free File now opens; offers federal and state tax prep
WASHINGTON — Most taxpayers can get an early start on their federal tax returns. IRS Free File — featuring brand-name online tax providers — opened Friday, Jan. 10 for the 2020 tax filing season....
View ArticleTrump administration weighs delaying tax deadline amid coronavirus outbreak
WASHINGTON — The Trump administration is working on plans to delay the April 15 federal tax deadline for some taxpayers in a bid to soften the impact of the coronavirus outbreak on the U.S. economy....
View ArticleTrump administration announces 90-day delay for many tax payments
WASHINGTON — The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday...
View ArticleQ&A: What does 90-day tax payment delay mean for filers?
WASHINGTON — The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the...
View ArticleHere’s who likely won’t get coronavirus economic stimulus checks from the...
WASHINGTON — Millions of Americans are expecting to receive economic stimulus checks from the federal government in response to the coronavirus outbreak. But not everyone is eligible. Here is who the...
View ArticleIRS deposits 1st economic support payments into taxpayers’ bank accounts
WASHINGTON — The IRS says the first economic support payments stemming from the coronavirus outbreak have been deposited in taxpayers’ bank accounts. In its tweeted announcement Saturday night, the IRS...
View ArticleCoronavirus relief checks won’t have to be repaid, feds say
CHICAGO — Videos and online reports claiming that millions of Americans will have to repay the relief checks they receive from the federal government under the $2.2 trillion coronavirus economic...
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‘Start an emergency fund:’ Financial coach offers tips on what to do with...
BROWN DEER -- Paying for weekly groceries just got easier for many people in the Milwaukee area who needed a financial boost. Federal stimulus checks were deposited into the bank accounts of millions...
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‘It wasn’t there:’ Millions of dollars worth of stimulus checks put in wrong...
MILWAUKEE -- The Internal Revenue Service is sending out stimulus checks, but some of those checks are not ending up in people's bank accounts. Instead, they're winding up in the accounts of tax...
View ArticlePresident Trump says ‘we’ll get that back’ after people report dead relatives...
WASHINGTON — With the U.S. unemployment rate expected to his 20 percent soon, a number not seen since the great depression, millions of Americans received relief checks early in April in a bid to...
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‘In desperate need:’ Many, including Social Security recipients, still...
MILWAUKEE -- 1.7 million people in Wisconsin have received their federal stimulus checks, but many are still waiting -- that includes several Social Security recipients. Henry Kohler "I think I'm one...
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IRS, apparently aware, distributes stimulus checks for deceased people: ‘Why...
MILWAUKEE -- Millions of stimulus checks have been sent out to people who filed federal taxes in 2018 or 2019. Several of those people have since died, and it appears the IRS already knew that. Dan...
View ArticleIRS offers 3 new tax credits to businesses impacted by coronavirus pandemic
WASHINGTON – The Internal Revenue Service is offering three new tax credits to employers impacted by the coronavirus pandemic after stay-at-home orders and lockdowns have shuttered businesses across...
View ArticleWaiting for coronavirus stimulus check? Direct deposit information is due...
WASHINGTON, D.C. — If you’re among the millions of Americans still waiting for the coronavirus stimulus payment to land in your bank account, time is running out to provide the IRS with your necessary...
View ArticleWhere’s my stimulus check? IRS adds phone operators to answer relief payment...
WASHINGTON — Still haven’t received your stimulus check? The IRS is adding 3,500 phone representatives to handle a flood of calls from taxpayers waiting for their money from the federal government as...
View ArticleIRS permits more Americans to tap retirement accounts without penalty
WASHINGTON — The IRS released new financial relief guidance related to the coronavirus pandemic on Friday, allowing more people to draw from their retirement accounts without penalty. In addition to...
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