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Monday, dec 30
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U.S. Treasury Department
News
IRS Announces 'Revolutionary' Electronic Tax Filing System For NJ Residents
The IRS and New Jersey are offering a new free electronic way to file taxes. The program, called IRS Direct File, was tested in 12 states including New Jersey during the 2023 tax filing season. Eligible taxpayers will be able to use Direct File, which is offered in English and Spanish, for their 2024 tax returns. The services has a deadline of April 15, 2025. After Garden Staters complete their federal returns with Direct File, a link will direct them to New Jersey’s separate free filing system for their state returns. During the pilot program last year, about 140,000 taxpayers claimed mo…
News
Worldwide Ransomware Rampage: Iranians Hack NJ Town, PA Domestic Violence Shelter, Feds Charge
Federal authorities are offering a $10 million reward to help locate a trio of Iranian nationals who held the computer systems of a New Jersey town, a domestic violence shelter in Pennsylvania and hundreds of other victims across the U.S. and abroad hostage in a series of hack attacks. Using Microsoft’s BitLocker security tool, the hackers locked up and then stole secure files before sending ransom notes – some of which were spit out on the victims’ printers, the FBI said on Wednesday, Sept. 14. The unidentified shelter ended up paying $13,000 in bitcoin to retrieve its files, according to …
News
More Stimulus Money Could Be On The Way, Feds Say
Haven’t received any federal stimulus checks yet? Well, now a fourth payment from the U.S. Treasury Department may arrive soon, federal officials say. Debate persists in the U.S. Congress and among other public officials over how many dollars will be spent and who will get the money, according to multiple news media reports. A couple dozen congressmen are pushing for new federal stimulus checks with a guarantee that the money will make it to Americans' bank accounts. Some lawmakers also are requesting that the federal government figures out ways to get the money to anyone without a bank…
Business
Don't Toss That Envelope From Omaha -- It Has Your Federal Stimulus Prepaid Debit Card
If a plain white envelope from Omaha, Nebraska arrives in the mail, don’t throw it away. It may be your federal stimulus payment. Last week, the IRS and U.S. Treasury Department began mailing Economic Impact Payments as prepaid debit cards. In addition to a P.O. Box in Omaha, the return address says the letter is from "Money Network Cardholder Services." Nearly 4 million Americans waiting for their slice of the $2.2 trillion CARES Act are expected to get their stimulus money in the form of an EIP Card, as opposed to a paper check signed by President Donald J. Trump. The trouble is, th…