Tax refund

IRS Seeks to Return $153 Million in Undelivered Checks to Taxpayers; Recommends e-file, Direct Deposit to Avoid Future Delivery Problems

WASHINGTON — In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax [...]

IRS Pays Refunds To 5,000 Dead People In Post-Mortem Identity Theft Scam

Over the course of a year, the Internal Revenue Service processed and paid out $12.1 million in fraudulent tax refund claims submitted using the stolen names [...]

Tax refunds average $3,000, add $300B to economy

WASHINGTON – Here's a potential boost for the economy: The Internal Revenue Service expects to issue up to $300 billion in tax refunds this year. IRS [...]

Want Your Tax Refund Fast – Choose Direct Deposit

Direct Deposit is the fastest, safest way to receive your tax refund. An e-filed tax return means a fast refund. Taxpayers who combine e-file and Direct [...]

The Most-Overlooked Tax Deductions

Every year, the IRS dutifully reports the most common blunders that taxpayers make on their returns. And every year, at or near the top of the “oops” [...]

13.4M People May Owe More Taxes Because of Making Work Pay Credit

Approximately 13.4 million taxpayers who received the Making Work Pay Credit that was included in the economic stimulus bill may end up owing taxes, [...]

Should You Use The Standard or Itemized Deduction on Your Taxes?

Ah, the classic question.  Should I use the standard deduction or itemize?  The answer is simple of course: you should use whichever deduction is greater, [...]

Looking for Status of Refund?

You can go online to check the status of your 2009 refund 72 hours after the IRS acknowledges receipt of your e-filed return, or 3 to 4 weeks after you mail a [...]

Half a Dozen States Delay Tax Refunds

By MICHAEL COOPER Published: June 1, 2010 Procrastination is no longer just for the taxpayers who wait until the last moment to file their tax returns. [...]