Every year, the IRS sends refunds to most tax filers. In fiscal year 2015, total refunds came to more than $403 billion, with $208 billion of that going to taxpayers in 10 states.
Some federal tax refunds might be a bit slower in arriving, but one security company exec says that’s good. It means the IRS is implementing more security features.
Everyone agrees the IRS needs to stop tax refund fraud. But the Taxpayer Advocate says the system is producing too many false positives, delaying legitimate refunds.
These three steps can help you save just a bit more. And it can add up to a bunch when you’re ready to retire.
Did or will you get a refund? What did or do you plan to do with it? Most folks surveyed by Bankrate say they’ll pay down debt or put the tax cash into savings.
Taking tax refund money to pay what a filer owes another government agency is not unusual. A federal lawsuit, however, says the Social Security Administration went too far.
Here’s what to do with a refund when you have no debt and you’re already saving for retirement.
Want your tax refund in cash? Wal-Mart’s new Direct2Cash program gives filers the option to pick up their refund money in cash at the retail giant’s stores.
Think twice before using your tax refund to buy a car — at least for the short term.
Many Americans are planning to use their refund checks to buy a car, according to CarMax.