IRS, tax

The IRS Has Issued a Whopping $145 Billion in Tax Refunds so Far
How many tax returns has the IRS processed so far in 2025? On Friday, the IRS released statistics comparing its progress through the sixth week of tax season 2024 (ending March 8,
Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.
How IRS Tax Refunds Will Be Impacted by Mass Layoffs
The layoffs, which have been directed by the so-called Department of Government Efficiency (DOGE), led by billionaire and "special government employee" Elon Musk, have sparked concerns among experts who fear that the IRS won't be able to process Americans' tax refunds as quickly as usual this year.
IRS tax return figures are less than 2024, remember that you could have a refund
As the 2025 tax season draws to a close, many Americans are noticing a significant decrease in their tax refunds. With the IRS processing fewer returns and average refunds dropping by a third, taxpayers are left wondering about the impact of recent federal changes and administrative decisions.
Tax season 2025: How IRS layoffs could affect your tax return and refund
The Trump administration’s changes to the federal government could alter the tax filing process for this year’s reporting period and beyond. Reports indicate the Department of Government Efficiency has taken a long look at the IRS,
IRS Gives Tax Refund Update as Over $100B Returned
A tax refund is when a reimbursement is made to a taxpayer for any excess amount paid in taxes to the federal or state government. The IRS issues billions of dolla
Some EV tax credits risk being rejected by IRS on 2024 returns for long list of reasons
Taxpayers could fall into plenty of potholes if someone takes a wrong turn when claiming an attractive tax credit for buying an electric vehicle on their 2024 tax return. And they might get into trouble if their dealer didn't correctly report the sale or ran into issues with a new IRS portal.
File Your Tax Return for Free: What to Know About the IRS Free File Program and Its Limitations
With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease and for $0.
IRS Issues Advise on How Millions Can File Tax Returns for Free
More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge this year using Direct File, the Internal Revenue Service (IRS) has said. Tax season is underway, with the IRS currently accepting payments and returns for 2024. The deadline to file is April 15.
The IRS is sitting on $92 million in unclaimed California tax returns. How to know if you qualify
A trove of cash could be forfeited if Californians fail to complete a previous year's tax return by next month, according to the Internal Revenue Service. The IRS is currently sitting on about $92.3 million,
What are the hours at which the IRS deposits tax refunds?
If you've already filed your tax return, it's natural to wonder when you'll receive your refund. One of the most common questions is the exact time the IRS makes deposits.
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Las Vegas tax preparer admits to filing false returns to IRS
The operator of a Las Vegas tax return preparation business pleaded guilty today to preparing false income tax returns for clients, according to a U.S. Department of Justice news release.
Beware of tax scams: IRS unveils 2025 ‘Dirty Dozen’ list as refund season gets underway
Scammers are 'relentless,' according to a new IRS alert listing the 'Dirty Dozen' tax scams. Bad social media advice triggers ...
Are you owed a tax refund from the IRS? Clock is ticking in Florida to claim $61 million
The median potential refund nationwide is $781 for 2021. Florida, with 69,800 individuals who did not file, is just below the ...
Will Government Shutdown Delay Tax Return Payments? What to Know
A potential government shutdown could delay tax return processing and refunds, affecting taxpayers nationwide.
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Delaying your return? The IRS can penalize you more than 25% of your debt
For most taxpayers, April 15 is the deadline to file taxes. Missing this date can lead to severe financial and legal ...
As Tax Season Nears Halfway Point, IRS Data Shows Taxpayers Still Not Rushing To File
IRS data from the fifth week of the tax filing season—the week ending February 28, 2025—continues to suggest that taxpayers ...
When is the last day to file taxes? See 2025 tax deadline, how to track your refund
The deadline to file taxes is Tuesday, April 15, 2025. If April 15 falls on a Saturday, Sunday, or legal holiday, Tax Day is the next business day.Americans residing overseas have an extended deadline ...
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EITC IRS: Expect your refund this March in your bank account
The IRS has begun processing tax refunds for the 2024 income year, filed in 2025. If you're eligible for the Earned Income ...