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IRS Sending $2.4B In Unclaimed Stimulus Payments: Here's Who's Eligible IRS Sending $2.4B In Unclaimed Stimulus Payments: Here's Who's Eligible
IRS Sending $2.4B In Unclaimed Stimulus Payments: Here's Who's Eligible Around $2.4 billion in automatic payments will be issued to nearly one million taxpayers, according to the Internal Revenue Service (IRS). The agency said they will go to those who missed out on claiming the 2021 Recovery Rebate Credit.  These payments, with a maximum of $1,400 per individual, aim to ensure eligible Americans receive money they may have overlooked when filing their tax returns. Automatic Payments, Eligibility No action is required for eligible taxpayers to receive the payments, which will be issued automatically.  The funds, based on IRS data, will be sent via …

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by Joe Lombardi
News
Here's How Long It Should Take To Get A Tax Refund After Filing, IRS Says Here's How Long It Should Take To Get A Tax Refund After Filing, IRS Says
Here's How Long It Should Take To Get A Tax Refund After Filing, IRS Says With tax season rapidly approaching, many Americans have started filing and are now anxiously awaiting their refund check from the IRS. Despite facing a backlog and staffing issues due to the ongoing COVID-19 pandemic, most Americans can expect their refund checks to arrive within weeks of filing their taxes, according to officials. Once filed, the IRS said that Americans can expect their refund money to arrive within 21 days, pending certain delays. The cash can also be tracked approximately 24 hours after filing through the IRS website. Where’s My Refund? According to the IRS, in 2022, …

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by Zak Failla
Lifestyle
COVID-19: Here's What You Need To Know About Amount, Timing Of Federal Stimulus Checks COVID-19: Here's What You Need To Know About Amount, Timing Of Federal Stimulus Checks
Covid-19: Here's What You Need To Know About Amount, Timing Of Federal Stimulus Checks The Treasury Department and the Internal Revenue Service announced Tuesday, March 30, that economic impact payments will begin in the next three weeks and will be sent automatically, with no action required for most people.  However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the payment. Who is eligible for the economic impact payment? Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment.  For filers with inco…

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by Kathy Reakes
News
Alert Issued For Wire Fraud Scam Targeting Direct Deposit Info Alert Issued For Wire Fraud Scam Targeting Direct Deposit Info
Alert Issued For Wire Fraud Scam Targeting Direct Deposit Info A new phishing scam is targeting the HR departments of companies in an effort to reroute direct deposits. CNBC first reported that the new scam involves fraudsters rerouting direct deposit accounts, and once checks are made, the paycheck will instead go directly into the criminal’s account. According to KVC Health Systems, a child welfare nonprofit based out of the Midwest that was hit by the scam reported that the emails look legitimate and intentionally come from the company’s CEO, CFO or payroll director to increase the authenticity of the request. Reports state that the emails are diff…

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by Zak Failla
News
Cybercriminals Targeting Online Payroll Accounts Of Employees, FBI Says Cybercriminals Targeting Online Payroll Accounts Of Employees, FBI Says
Cybercriminals Targeting Online Payroll Accounts Of Employees, FBI Says Cybercriminals are targeting online payroll accounts of employees in order to change bank account info and redirect direct deposits, according to the FBI. The federal government has received complaints reporting cybercriminals are targeting the online payroll accounts of employees in a variety of industries. Institutions most affected are education, healthcare and commercial airlines. Cybercriminals reportedly target employees through phishing emails designed to capture an employee’s login credentials, according to the FBI.  Once the cybercriminal has obtained an employee’s credentials, th…

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by Jon Craig