Today’s tax deadline: advice for timely filing and quick refunds
Last-Minute Tax Tips for the 2025 Tax Return Deadline As the midnight deadline approaches for Tax Day, CPA and TurboTax expert Lisa Greene-Lewis shares some essential advice for individuals filing their 2025 tax returns. Taxpayers need to file their returns or request an extension before the clock strikes midnight on April 15. For those who […]
Tax season 2026: why millions of Americans are facing unexpected IRS bills instead of refunds
April isn’t typically a month people expect financial surprises, but millions of Americans are facing unexpected tax bills this year. Instead of the refunds they hoped would help with holiday debts or summer plans, they’re looking at bills that could make anyone want to toss their laptop. The reasoning behind this predicament is rather straightforward. […]
Larger tax refunds: Is it wise to use yours for purchasing a car?
Rising Car Prices Prompt Tax Refund Reliance From auto exhibitions to dealership floors, the consensus is clear: new cars are surprisingly pricey these days. This trend has led more car buyers to depend on their tax refunds. “It doesn’t hurt,” said buyer Lauren Brausch. In February, Kelley Blue Book indicated that the average new car […]
Scott Bessent states that significant refunds are on the way, with $150 billion set to be deposited into American accounts.
Tax Refunds Expected for Working Americans Working Americans might find themselves benefiting significantly from tax refunds soon. Economists anticipate a rise in inflation this year, influenced by the ongoing war in Iran and its effect on energy prices. Thanks to legislation associated with President Donald Trump’s One Big Beautiful Bill Act, tax refunds could total […]
50,000 New York taxpayers affected by ‘mistake’ resulting in smaller refunds
Tax Refund Issues in New York Due to Typographical Error A small typographical mistake on tax documents has caused problems for over 50,000 taxpayers in New York. Some individuals are receiving smaller refunds than expected, while others have been informed that they owe more than they thought. The error has been corrected, but officials note […]
Tax refunds are showing a slight increase this year. Here’s how individuals are using them.
Some people splurge on tax refunds, while others find theirs eaten up by rising gas costs. Credit: Frederick J. Brown/AFP via Getty Images Having a son at H&R Block can be a real advantage, like having him manage your tax filings. This year, 23-year-old Carl Matthew Morrall helped his parents receive around $3,700 back. Jimmy […]
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 […]