IRS to Recalculate Taxes on Unemployment Benefits; Refunds to Start in May

This article was published by the IRS. To help taxpayers, the Internal Revenue Service has announced that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan. The legislation, signed on March 11, allows [...]

Refund: Claim It or Lose It

Each year, millions of taxpayers miss out on getting money - in some cases, several hundred dollars - because they were due a refund but didn't file a tax return, and their time to claim a refund ran out. If you don't file a return claiming a refund within three years, you lose it, and the [...]

When Will I Get My Refund?

This video was published by the IRS. If you have recently finished filing your tax return, you're probably wondering when you will get your refund. More than 9 out of 10 refunds are issued in less than 21 days. So how can you check the status of your refund? You can use the "Where's My Refund?" [...]

New Things Taxpayers Should Consider as They Get Ready to File Taxes in 2021

This article was published by the IRS. When people get ready to file their federal tax return, there are new things to consider when it comes to which credits to claim and what deductions to take. These things can affect the size of any refund the taxpayer may receive. Here are some new key things people [...]

Taxpayers Should Be Aware of Myths about Tax Refunds

This article was published by the IRS. When it comes to federal tax refunds, there are several common myths. Getting a refund this year means there's no need to adjust withholding for 2020. To help avoid a surprise next year, taxpayers should make changes now to prepare for next year. One way to do this is [...]

Go to Top