Tax refunds

The IRS has been attempting to ascertain this week if the cash given to citizens of 21 states counts, including inflation relief checks, is subject to federal income tax. According to the IRS's Friday night announcement, the answer is…

The forthcoming tax season might render a large number of individuals ineligible for tax refund. IRS has begun a campaign to promote the earned income tax credit. According to the IRS, individuals who have had major life events, such as…

Scammers waiting to steal tax refunds from the naive have arrived alongside tax season. Financial services firm IPX1031 reports a 45% increase in tax-related identity fraud over the past two years, and the FTC documented 111,723 cases in…

Twelve million American taxpayers who paid tax on their unemployment benefits in error during the 2020 tax year have now received tax refunds from the IRS. The government stated in a news release that a total of $14.8 billion was…

Twelve million Americans who obtained jobless benefits during the first year of the COVID-19 outbreak will receive their long-delayed tax returns from the Internal Revenue Service (IRS). On Monday, the government announced in a press…

The IRS has sent delayed tax refunds to 12 million Americans who qualified for a tax discount on unemployment benefits received during the first year of the COVID-19 outbreak. This Monday, the government said in a press statement that 14…

As of November 11, 2022, the Internal Revenue Service has 3.7 million unprocessed individual tax refund. It also covers late-filed prior-year returns for the tax year 2021. The IRS urged people to take quick action before the year is up…