refunds

Time Running Out for Taxpayers: Claim Up to $1 Billion in Refunds

1 month ago

Taxpayers in the United States have limited time to claim tax refunds from the year 2021. According to the Treasury Department, at least $1 billion may go unclaimed if individuals do not file their tax returns. For those who have not filed, there is a chance to receive sizable amounts; however, the deadline for submissions is approaching rapidly.

Increase in Tax Refunds in the USA: How Will It Affect the Economy?

1 month ago

According to the latest data provided by the Internal Revenue Service (IRS), Americans are currently receiving tax refunds that are larger than last year. So far, the number of refunds has increased by 4.7% compared to the same period last year, which is linked to the improving financial situation of many citizens and the opportunity to take advantage of several tax benefits, such as an increased standard deduction and more generous tax credits for families with children.

IRS Announces Start of Tax Season: Key Dates and Information You Need to Know

3 months ago

The Internal Revenue Service (IRS) has officially announced the start of the 2023 tax season, beginning on January 23. This means millions of Americans will be able to file their tax returns and start receiving tax refunds. This year is notable as many citizens will be able to file their returns faster thanks to improved online services and tax preparation programs, making the process easier for those who prefer digital solutions.