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  2. Bank Secrecy Act - Wikipedia

    en.wikipedia.org/wiki/Bank_Secrecy_Act

    The Bank Secrecy Act of 1970 ... receiving one or more related cash payments totaling more than $10,000 to file IRS/FinCEN Form 8300. ... requires SAR filing ...

  3. Structuring - Wikipedia

    en.wikipedia.org/wiki/Structuring

    Structuring, also known as smurfing in banking jargon, is the practice of executing financial transactions such as making bank deposits in a specific pattern, calculated to avoid triggering financial institutions to file reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300).

  4. IRS e-file - Wikipedia

    en.wikipedia.org/wiki/IRS_e-file

    E-filing originally used the processing system developed in 1969 by the IRS but, since 2003, the IRS has been developing a new enhanced processing system called CADE. [ 7 ] For tax-filing season 2024, the IRS announced a pilot of Direct File , where people can calculate and submit their federal taxes and some state taxes in partnership with ...

  5. The IRS launches Direct File, a pilot program for free online ...

    www.aol.com/news/irs-launches-direct-file-pilot...

    After weeks of testing, an electronic system for filing returns directly to the IRS is now available to taxpayers from 12 selected states. The new system, called Direct File, is a free online tool.

  6. Mark your calendars! 2025 tax season opens Jan. 27, but you ...

    www.aol.com/mark-calendars-2025-tax-season...

    The IRS will start accepting tax returns on Jan 27, but you can start filing now to be among the first to get a refund, experts say. Here's how. Mark your calendars! 2025 tax season opens Jan. 27 ...

  7. Free tax filing with IRS Direct File: What you need to know - AOL

    www.aol.com/finance/free-tax-filing-irs-direct...

    The IRS Direct File program, which lets you prepare and file your federal return for free, is expanding to 25 states for the 2025 tax season.

  8. Electronic Federal Tax Payment System - Wikipedia

    en.wikipedia.org/wiki/Electronic_Federal_Tax...

    EFTPS allows individuals and businesses to make their tax and estimated tax payments securely online using their bank accounts. Payments can be made only after enrolling in the system, and the enrollment process can take about a week (initial online enrollment is followed by relevant information being sent by physical mail, after which the online enrollment process may be completed).

  9. IRS to launch its own free tax-filing service in pilot ...

    www.aol.com/finance/irs-launch-own-free-tax...

    The Direct File pilot program is set to launch late next year to file 2024 tax returns, Laurel Blatchford, chief implementation officer of the Inflation Reduction Act at the U.S. Department of the ...

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