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Average IRS tax refund rises by 14.2% based on early filing information.

Average IRS tax refund rises by 14.2% based on early filing information.

The average tax refund this season has increased by 14.2% compared to the same period last year, based on initial filing data from the IRS. As of February 13, individual filers received an average refund of $2,476, a rise from $2,169 from the previous year. This data reflects cumulative statistics since the tax season began […]

Cancer Patient Receives Complete Refund on Premium After Policy Cancellation

Cancer Patient Receives Complete Refund on Premium After Policy Cancellation

KUALA LUMPUR, Feb 20 A stage 4 tongue cancer patient, whose medical insurance claims were denied, has received a complete refund of his premium following the cancellation of his policy by the insurance company. Ram Krishnan Sinnamtri reported that Allianz Life Insurance Malaysia Berhad rejected some of his medical claims before subsequently voiding his policy […]

Potential effects of a federal shutdown on your tax refund and ways to prevent delays

Potential effects of a federal shutdown on your tax refund and ways to prevent delays

Understanding Tax Refunds During a Government Shutdown Tax refunds can be a significant financial relief for many families. However, during a partial federal government shutdown, there might be some uncertainty, especially for those waiting to receive their federal refunds. Triston Hastie Grant, a certified financial planner and the president of Waterstone Wealth Management, indicates that […]

Oversight agency identifies over $900 million in unspent COVID relief funds, calls for prompt refund to taxpayers

Oversight agency identifies over $900 million in unspent COVID relief funds, calls for prompt refund to taxpayers

Unused COVID-19 Unemployment Benefits Raise Fraud Concerns WASHINGTON – Almost $1 billion in unemployment benefits linked to COVID-19 remains unclaimed, raising alarm about potential fraud, according to a warning from the Labor Department’s internal watchdog. The Office of Inspector General (OIG) revealed that around $720 million in unemployment funds is currently stored on prepaid debit […]

Tax refund schedule: When your IRS money might arrive in your account

Tax refund schedule: When your IRS money might arrive in your account

<BATON ROUGE, La. – If you’ve submitted your federal income tax return and are waiting for a refund, the IRS indicates you should see it in your account soon. However, the exact timing will rely on when your return was submitted. This year, the IRS is solely processing refunds through direct deposit, meaning no paper […]