The Internal Revenue Service (IRS) has issued a “last call” reminder to over 1 million taxpayers across the country not to miss out on claiming their share of around $1.5 billion in refunds that are still up for grabs for tax year 2019. “Time is running out for people owed a tax refund in 2019,”…
IRS Says Little Time Left to Claim Your Portion of the $1.5 Billion in Tax Refunds
The Internal Revenue Service (IRS) has revealed that many people have not yet received their tax refunds for 2019. The announcement states that there is as much as $1.5 billion in unclaimed tax refunds. The 2019 tax forms were not due in April 2020 because of the COVID-19 pandemic. The IRS delayed the required filing…
IRS Pays $23 Billion Less in Tax Refunds for 2023 Filing Season, Worrying Americans
The Internal Revenue Service (IRS) is paying $23 billion less in tax refunds for the 2023 filing season—with the average refund amount found to be lower by nearly $300. The IRS has issued over 69 million refunds collectively worth $198.868 billion for the week ending April 7, 2023, according to the agency’s filing statistics. Compared…
IRS Releases 2023 ‘Dirty Dozen’ Tax Scam List
As the 2022 tax season comes to a close, with less than two weeks left to submit returns, the Internal Revenue Service (IRS) has released its annual Dirty Dozen list of tax scams—warning individual citizens, businesses, and tax professionals to not let their guard down. “Scammers are coming up with new ways all the time…
Tax Refund: Not a Good Thing
A friend of mine is the comptroller of a small corporation. As such, she is required to handle all aspects of that company’s finances including payroll. She takes the opportunity to figure and tweak the withholding from her own paycheck to reach her goal of neither owing taxes nor being due a refund on April…
Tax Refunds For Millions of Americans May Be Smaller This Year, Says IRS
November 25, 2022
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Americans will be unpleasantly surprised to find their tax refunds smaller than expected for 2022, with the IRS announcing reduced refunds for the coming year as well, in a blow to many who rely on the refunds as a supplement to their savings. “Refunds may be smaller in 2023. Taxpayers will not receive an additional…
Chicago Woman Charged With Fraud in Death Certificate Scheme
CHICAGO—A Chicago woman has been charged with obtaining dozens of young homicide victims’ death certificates and using them to defraud the government out of thousands of dollars in tax refunds and coronavirus stimulus payments. Katrina Pierce faces federal charges of wire fraud and aggravated identity theft, according to a criminal complaint made public Thursday. A…
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