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A payment change is coming for millions of federal benefit recipients, but the biggest takeaway is what will stay the same.The Social Security Administration said on Monday, May 18...
The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
The request follows reports from taxpayers who said they received notices despite not expecting a refund or having already provided direct deposit information.
The source may be sitting right in front of you.
Those deposits officially launched today but since banks are closed due to the July 4 holiday, money will likely begin flowing on Monday, July 6.
Federal law and Executive Order 14247 now require federal benefits to be paid electronically.To improve efficiency, reduce costs and enhance security in federal payments, the Depar...
For millions of retirees, every dollar matters. While Social Security beneficiaries received a 2.8% cost-of-living adjustment (COLA) for 2026, many seniors say the increase has...
Facing an estimated $166 billion in refunds, the Trump administration began processing repayments in April. The first round of repayments took place in May.
Americans who paid IRS penalties or interest during the COVID-19 pandemic may still be able to file a claim for a potential refund.
The Social Security Administration (SSA) recently announced they are sending new Direct Express cards to people on Social Security. It’s a move that’s expected to impact millions o...
Payments land Wednesday for those born July 2-11, as a think tank floats capping benefits at $100,000 to shore up the program's finances.
Individual tax withholdings plus Social Security and Medicare taxes collected increased to $286 billion in May from $247 billion last year, while corporate tax receipts were down 6...
Something unusual is happening in the U.S. economy right now. Money is flowing backwards. Billions of dollars that were collected from American businesses as import duties are now...
With inflation still squeezing household budgets, surprise tax rebates and relief checks are becoming one of the most talked-about financial stories of 2026. Several states...
Americans who paid IRS penalties or interest during the COVID-19 pandemic may still be able to file a claim for a potential refund.
Are you eligible for potential COVID tax refund? Tens of millions of Americans may be eligible for some extra cash, but time is running out to file a claim.
The most recent Federal Reserve Payment Study has published data for 2024 on “core noncash payment methods used in the United States by consumers, businesses, and governments, incl...
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