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The IRS may also require you to submit a Collection Information Statement (Form 433-A, Form 433-B or Form 433-F) and documentation to substantiate your claims.
In March, the SSA announced steps to make overpayment issues easier for beneficiaries — including extending repayment plans, removing the burden of proof of fault, and making it easier for ...
An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith.In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money.
The Social Security overpayment scandal continues to take new twists and turns, with Social Security Administration officials taking heat in front of Congress last month, and the SSA now disclosing...
QPP may refer to: Quadratic permutation polynomial; Quebec Pension Plan (QPP) Queensland People's Party; Queerplatonic partnership; Sûreté du Québec, sometimes ...
Penalty for Failure to Timely Pay Tax: If a taxpayer fails to pay the balance due shown on the tax return by the due date (even if the reason of nonpayment is a bounced check), there is a penalty of 0.5% of the amount of unpaid tax per month (or partial month), up to a maximum of 25%.
Due to the size and complexity of the Social Security system, recipients sometimes receive the wrong benefit amount. Unfortunately, this can lead to a hefty surprise bill. On Oct. 4, the Social...
The Internal Revenue Service Restructuring and Reform Act of 1998, also known as Taxpayer Bill of Rights III (Pub. L. 105–206 (text), 112 Stat. 685, enacted July 22, 1998), resulted from hearings held by the United States Congress in 1996 and 1997.
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