Learn why sharing your bank info with the IRS can speed up refunds and keep your 2025 tax payments secure and on schedule.

Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...

Starting in 2025, the IRS requires direct deposit info on tax returns to improve efficiency, security, and fraud prevention.

In a move to enhance efficiency and security, the IRS will require taxpayers to provide banking details for direct deposit of ...

The Internal Revenue Service is no longer issuing paper tax refunds after September, according to a news release published by the department. On Sept. 23, the agency said it will transition to fully ...

As eligible Americans eagerly await their "economic impact payments" from the U.S. Treasury Department, the government says that Wednesday is the day most people who are receiving the payment via ...

Starting in 2025, the IRS will no longer issue paper checks for tax refunds, signaling a significant transformation in the ...

Not surprisingly, a lot of Americans aren’t fond of the IRS. In fact, as the agency responsible for collecting federal taxes, the IRS received the lowest favorability rating among 16 federal agencies ...

More than $9 billion in financial crime was uncovered by IRS criminal investigations in 2024, with offshore accounts starring in many of the cases. Plus, the U.S. government's reach now extends well ...

If you’re planning to deposit a significant amount of cash into your bank account, there’s a specific threshold that could automatically trigger federal attention, even if everything you’re doing is ...