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Lawmakers ask IRS to extend tax season until July 15

Democrats on the House Ways and Means Committee are urging the Internal Revenue Service to extend tax season beyond April 15 to give taxpayers another three months until July 15.

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Romney pitches expanded child tax credit, echoing Biden

Senator Mitt Romney is offering a child tax credit expansion plan similar to a proposal President Joe Biden is pushing to include in the next stimulus bill, offering a glimpse of areas on which Republicans and Democrats could find compromise ...

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IRS updates guidance on sick leave, family leave credits

The Internal Revenue Service is clarifying its guidance on provisions of the coronavirus relief legislation providing tax credits to employers offering paid sick leave and family leave to workers.

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Treasury plans efforts to deliver missing stimulus payments

The Treasury Department said Friday it plans to launch an all-out effort to deliver Economic Impact Payments to people who haven’t yet received the two rounds of stimulus payments that they should have received last year or this month.

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IRS and Treasury start depositing stimulus payments

The Internal Revenue Service and the Treasury Department said Tuesday evening that they are beginning to make direct deposits of the second round of economic impact payments as soon as Tuesday night for some taxpayers and will continue doing so ...

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In the blogs: Re-relief

Size of this rescue; next season’s wrinkles; new blog on board; and other highlights from our favorite tax bloggers.

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