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Economic Impact Payment

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Scammers Impersonating IRS With These Texts: Here's What To Know Scammers Impersonating IRS With These Texts: Here's What To Know
Scammers Impersonating IRS With These Texts: Here's What To Know A new scam is making the rounds, with fraudsters posing as Internal Revenue Service (IRS) agents and sending text messages promising a substantial rebate.  The trap is a phishing attempt designed to steal your personal and financial information. What’s Happening? The fraudulent messages claim recipients are eligible for a $1,400 stimulus check, directing them to click on a fake link to “claim” their payment.  How The Scam Works You receive a text message appearing to be from the IRS, stating that you’re owed an Economic Impact Payment and must provide personal information …

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by Joe Lombardi
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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
IRS Sending Special Payments To 1 Million Americans: Here's What To Know IRS Sending Special Payments To 1 Million Americans: Here's What To Know
IRS Sending Special Payments To 1 Million Americans: Here's What To Know The Internal Revenue Service (IRS) announced it will issue automatic payments this month to nearly one million taxpayers who didn’t claim the Recovery Rebate Credit on their 2021 tax returns.  These payments aim to assist eligible individuals who missed claiming the credit, which provides up to $1,400 per person for those who didn’t receive the full amount of their Economic Impact Payments (EIPs). Who Will Receive Payments? Eligible taxpayers include those who filed a 2021 tax return but either left the Recovery Rebate Credit field blank or entered $0 despite qualifying. Payments wil…

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by Joe Lombardi