tax refund »
Why You Don’t Want a Tax Refund
As the end of the tax season quickly approaches, numerous commercials advertise how clients receive a $500, $1,000, or even $2,000 tax refund. It is always welcome to receive this extra cash back from
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Improper Payments by the IRS is Costing Taxpayers Billions
The IRS has made over $13 billion in improper payments in 2011. These improper payments came from the only program the IRS is currently reporting, the Earned Income Tax Credit. The Earned Income Tax
Read More »Where Oh Where Has My Refund Gone?
The IRS is holding on to one hundred thousand tax refunds averaging $1,547. Simple mailing errors are the reason. Each year the IRS ends up with millions of dollars in unclaimed refund checks the
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The High Cost of an Early Tax Refund
Once you’ve completed your income taxes next year and (hopefully) discovered you’ll be getting a refund, you may find financial temptation setting in. The temptation you face is a form of “instant gratification” known
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Yankees’ Steinbrenner in Tax Rhubarb with IRS
Bronx Bombers owner Harold Steinbrenner is catching some flak from Uncle Sam. Steinbrenner, New York Yankees’ co-owner and managing partner, was sued by the U.S. Justice Department over an “erroneous” $670,494 tax refund he
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Refund Information
Taxpayers have three options for receiving their individual federal income tax refund: a paper check, direct deposit (electronic funds transfer) into a checking, savings or other account; or a purchase of U.S. Series I
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