The Internal Revenue Service correctly calculated the allowable Recovery Rebate Credit for the vast majority of 2021 tax returns, but some erroneous payments were made, according to a new report. The ...

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank ...

Taxpayers who failed to claim the Recovery Rebate Credit on their 2021 tax returns should have received payments by January 2025. There is still time to claim the Recovery Rebate Credit, but the IRS ...

With new IRS funding fueling tougher audits and collections, Dallas-based tax lawyer Andrew Margolies is helping individuals ...