Tax refunds on average up 5.2% for much of 2025 tax season
Tax refunds are solid. The average tax refund was $3,271 for federal refunds issued through March 14. That average is up 5.2% ...
Government leaders warn US taxpayers to prepare for longer waits getting the refunds this year. Here’s how to adjust if you’re counting on that cash to pay bills o…
But if you have plans to use that refund to pay looming bills or fund a well-deserved vacation, you might consider holding ...
Wisconsin ranks among states with the lowest average tax refunds, study says
In tax year 2022, the last year with available data, Wisconsin residents received an average refund of $3,580, which ranks ...
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Filing a Tax Extension? We Explain All the Money You Delay if You Do
If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. First, you can file a ...
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For this external reason your IRS refund may take longer
During tax refund season, misinformation can be a significant hurdle. The IRS has identified common reasons for refund delays ...
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Filing Electronically Will Trim Weeks Off Your Tax Refund Wait Time
The trick to getting your refund sooner is to combine electronic filing with direct deposit. When filing a paper tax return, ...
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What Is a CP05 Letter from the IRS and What Should I Do?
A CP05 notice from the IRS arrives in your mail. That's scary - nobody wants to receive a letter from the IRS. A CP05 notice ...
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Scams surround your IRS return, avoid them easily
Tax season can be stressful, clouding your judgment and making you vulnerable to scams. From identity theft to false refund ...
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IRS establishes the maximum salary to receive the Earned Income Tax Credit
For low-income workers and families, the Earned Income Tax Credit (EITC) offers a valuable opportunity to enhance financial ...
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Most common mistakes made by the IRS when filing your taxes
As tax refund season approaches, misinformation can lead to costly mistakes. The IRS has debunked five common myths that ...
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Where’s My Refund? IRS processing 2024 Tax Returns on time so far
As the 2025 tax season heats up and refund anxiety grows, the Internal Revenue Service is, so far, holding the line.
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File your taxes as soon as possible, IRS could have problems due to the current situation
Filing taxes early has always been a wise move, but in 2025, it could be more critical than ever. With staffing reductions at the IRS, taxpayers may face significant challenges, from processing delays ...