Error led to smaller refunds for over 50,000 New York tax returns
Tax Refund Issues Affecting New York Residents ALBANY — Over 50,000 taxpayers in New York who filed early faced unexpected problems with their tax refunds. Many discovered that their refunds were lower due to errors, while others received notices demanding additional payments. This controversy began in early March when the state’s Department of Taxation and […]
As the deadline for Cook County property tax bills approaches, many are expecting $186 million in refunds following the Tyler Technologies upgrade.
Delays in Cook County Property Tax Refunds The ABC7 I-Team is looking into significant delays in processing property tax refunds for Cook County residents. Local officials are criticizing private companies for their recent computer system upgrades. While these systems have been fixed for sending out property tax bills, the same cannot be said for refunds. […]
1.4 million taxpayers experience delays in receiving refunds due to the IRS ending paper checks.
Tax Refund Delays Impact More Filers Many taxpayers are experiencing delays in receiving their tax refunds as the government moves away from paper checks. This week, Democrats on the House Ways and Means Committee addressed Treasury Secretary Scott Bessent, expressing “additional concerns” regarding around 1.4 million IRS notices sent to taxpayers about refund delays linked […]
IRS Sends Important Alert About $1.2 Billion in Refunds: ‘Time Is Running Out’
The Internal Revenue Service (IRS) is alerting that over one million Americans may lose out on $1.2 billion in tax refunds if they don’t submit their overdue 2022 returns by the April 15 deadline. Why is it important It’s been more than three years since the 2022 tax year, and any unclaimed refunds are in […]
IRS tax refunds have increased by 10.8%, according to new filing data.
Average Tax Refunds Rise This Season This tax season, the average refund is up by 10.8% compared to the same time last year, based on the latest data from the IRS. As of March 13, individual filers are seeing an average refund of $3,623, which is a jump from $3,271 at the same time last […]
Costco is being sued by a customer who is asking for tariff refunds.
Costco is facing a class action lawsuit from customers who are seeking refunds for the increased prices attributed to tariffs imposed during the Trump administration. This lawsuit, filed in federal court in Illinois, aims to declare that Costco should return any tariff refunds it has received, in line with a Supreme Court ruling that deemed […]
This year’s tax refunds are bigger. Here’s why that’s not beneficial for taxpayers.
Initial figures for the 2026 tax filing season reveal that the average refund is around $3,742, marking an increase of over 10% compared to last year. This increase is primarily attributed to changes in the tax system. “The main reason so many refunds are higher this year is the One Big Beautiful Bill Act (OBBBA) […]
Costco customer files lawsuit against store for tariff refunds in potential class-action lawsuit
Costco Faces Potential Class Action Over Tax Refunds A shopper in Illinois has initiated a class action lawsuit against Costco, seeking tax refunds following the recent rejection of President Trump’s significant import tax. The legal filing, submitted on Wednesday in a federal court in Illinois, includes claims from Costco member Matthew Stockoff. He purchased various […]
Tax refunds might take longer this filing season in multiple states.
Tax Refund Delays and Changes in Tax Policy Taxpayers in various states could face delays in receiving their tax returns this season, impacted by shifts in tax policy and filing processes. A tax refund occurs when the taxpayer has contributed more tax throughout the year than what is actually owed after adjustments. Refund distribution varies […]
IRS tax refunds increase by 10.2% according to early filing information
Tax Refunds See Notable Increase This Season The average tax refund this season has risen by 10.2% compared to around the same time last year, according to recent data from the IRS. This figure reflects a decrease from the 14.2% increase reported previously. As of February 20th, the average refund for individual filers is $3,804, […]