WEATHER ALERT
H&R Block resolves issue that briefly prevented desktop software users from e-filing tax returns
Read full article: H&R Block resolves issue that briefly prevented desktop software users from e-filing tax returnsH&R Block has addressed that it’s experiencing an issue that has prevented some desktop software users from e-filing their tax returns on Monday.
Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns
Read full article: Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returnsCongressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system.
IRS steps toward a new free-file tax return system have both supporters and critics mobilizing
Read full article: IRS steps toward a new free-file tax return system have both supporters and critics mobilizingPlans by the IRS to test a new electronic free-file tax return system next year have got supporters and critics of the idea mobilizing over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what they owe.
3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say
Read full article: 3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers saySome congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years.
Woman suspected of DWI crashes car into H&R Block storefront in northwest Houston, police say
Read full article: Woman suspected of DWI crashes car into H&R Block storefront in northwest Houston, police sayA woman suspected of driving while intoxicated was taken into custody after crashing into an H&B Block store in southwest Houston Thursday, officers with the Houston Police Department said.
IRS gets more relief payments out after delays
Read full article: IRS gets more relief payments out after delaysThe IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. (AP Photo/Eric Gay)The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. A number of tax preparation companies said that they were able to resolve the issues. The IRS said Tuesday that it worked over the weekend to help a smaller set of impacted taxpayers and is reissuing payments for eligible taxpayers whose accounts may have been closed. No action is needed for most eligible taxpayers to get the payment.
Still looking for your stimulus? TurboTax says stimulus payments will be deposited Friday
Read full article: Still looking for your stimulus? TurboTax says stimulus payments will be deposited FridayIf you are one of several people whose stimulus payment was sent to Turbo Tax or H&R Block because you’ve used them in the past to do your taxes, here is an update that might give you some relief. Turbo Tax sent out an email Friday morning letting customers know that their payments would begin to be deposited starting Jan. 8. According to both companies, the IRS sent the payments to temporary pass-through accounts that were set up in 2019 for customers of H&R Block and Turbo Tax to receive tax refunds but no one has access to those accounts anymore. If you don’t get a deposit, a debit card or a check by Jan. 15, you will likely need to claim the payment on your tax return.
Some taxpayers find relief payments sent to wrong account
Read full article: Some taxpayers find relief payments sent to wrong accountA number of taxpayers who use tax preparation services, such as H&R Block and TurboTax, say their second relief payments were sent to the incorrect bank account. The IRS and the Treasury Department began issuing the Economic Impact Payments last week of Jan. 1, 2021. (AP Photo/Eric Gay, File)A number of taxpayers who use tax preparation services, such as H&R Block and TurboTax, say their second relief payments were sent to the incorrect bank account, forcing them to wait longer for their money. However, many people said that they checked the IRS site and found their payments were sent to an account they did not recognize. The IRS has said that there is no action required by eligible individuals to receive this second payment.