tax refunds

IRS Bonus Payments in July 2024 – Amount and Eligibility Updates

by
Joe Biden

Many taxpayers look forward to their tax refunds, which occur when they overpay their taxes throughout the year. This isn’t an IRS incentive but rather a repayment for the excess taxes paid. At times, the government provides additional financial support through stimulus payments during economic downturns, known as IRS Bonus Payments. Despite their name, these … Read more

IRS Bonus Payments – Summary of Payments Made and Recent Updates

by
Joe Biden

If you’re looking to understand IRS bonus payments, you’re in the right place. The Internal Revenue Service (IRS) typically handles tax collection and administration in the United States. Occasionally, it issues payments to taxpayers, but these are not bonuses in the traditional sense. Let’s cut into what these payments are, what has been issued so … Read more