The Internal Revenue Service (IRS) is under scrutiny for significant delays in assisting taxpayers who are victims of identity theft. According to recent reports, these delays are leaving many individuals waiting for their tax refunds for as long as nearly two years, causing severe financial hardships. Growing Problem: Excruciating Delays in Refunds Recent findings from … Read more
The Supplemental Security Income (SSI) program, a crucial federal initiative in the United States aimed at providing financial support to seniors aged 65 and older, blind individuals, and those with disabilities who meet specific economic criteria, is preparing for its next round of payments scheduled for July. Consistency in Payment Distribution Beneficiaries of SSI can … Read more
The Internal Revenue Service (IRS) is grappling with a significant challenge: a backlog of approximately 500,000 unresolved identity theft cases. This growing issue has had severe repercussions over the past year, particularly impacting low-income taxpayers who depend on their federal tax refunds. A recent report by the National Taxpayer Advocate sheds light on the severity … Read more