IRS reopens $500 per Veteran child Economic Impact Payment, Sign up for Veteran Expeditions

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The Internal Revenue Service (IRS) has reopened the registration period for claiming an Economic Impact Payment. Individuals who receive Social Security, Supplemental Security Income, Railroad Retirement, or certain Veterans benefits – but didn’t receive the $500 payment per child earlier this year – can still file for the $500 payment. Read more [...]

ATTENTION TO DETAIL: IRS says thieves stole tax info from additional 220,000‏

A computer breach at the IRS in which thieves stole tax information from thousands of taxpayers is much bigger than the agency originally disclosed. An additional 220,000 potential victims had information stolen from an IRS website as part of a sophisticated scheme to use stolen identities to claim fraudulent tax refunds, the IRS said Monday. The revelation more than doubles the total number of potential victims, to 334,000. Read more [...]

VA Removes Annual Income Reporting Requirement

The Department of Veterans Affairs (VA) is eliminating the annual requirement for most Veterans enrolled in VA’s health care system to report income information beginning in March 2014. Instead, VA will automatically match income information obtained from the Internal Revenue Service and Social Security Administration. Read more [...]