During a normal year, the IRS pays interest if it issues a refund more than 45 days after receiving your return, given that it is holding onto money that technically belongs to you. However, this is not a normal year since the IRS extended the filing deadline for the first time ever, ...
When you're expecting a tax refund, the last thing you want to do is wait for it to show up. Fortunately, theturnaround timefor tax return processing has sped up tremendously over the years, especially since the introduction of the IRS electronic filing, or e-file, system. Most r...
The IRS is scheduled to begin accepting e-filed returns this year onJanuary 23. 2. Extra time to pay taxes you owe If you owe a balance due to the IRS, you may still have a good reason to file your tax return as soon as you can. If you submit your return in the middle of Janu...
Wendy De La Rosa, PhD: Thank you for having me. It’s a pleasure to be here. Mills: I just mentioned that we all know these seemingly simple financial rules, but that knowing them doesn’t mean that it’s easy to put them into practice. Why is that? What gets in the way of peo...
Each year, the IRS announces changes to certain tax breaks, like refunds and deductions, and it's possible this year's adjustments could affect you. 1. Marginal tax rate brackets changed Whether your income went north or south—or even stayed the same—the rate at which your income is ta...
Further, several folks have reported that theseadvance refund loan underwritersareholding refund paymentslonger (perhaps to earn more interest for themselves?). And they are then given the runaround by tax filing providers and the IRS when trying to figure out what’s happening with their issued ...
Paying down debt, starting or supplementing an emergency fund and using a little for fun are great ways to manage the government stimulus check. Erica SandbergJan. 15, 2025 Are You Getting a $1,400 IRS Check? It isn't your imagination. You probably have it tougher than your parents...
The DNC told me that.” Seth Rich, apparently, and I will bet the high ranking person who told him that was Donna Brazille. Tucker also notes a big mystery is how 9/11 could have happened, and the government never picked up on all the signs, such as through surveillance. You will ...
The Internal Revenue Service (IRS) collects federal income taxes in the United States. There are many forms of taxes and most are applied as a percentage of a monetary exchange (for example, when income is earned or a sales transaction is completed). ...
The IRS warns there are “serious penalties for not reporting these financial assets.” It should be noted that theFATCA requirements are in addition to Form 114, Report of Foreign Bank and Financial Accounts (FBAR), which is the long-standing requirement for reporting foreign financial accounts....