Five Types of Checks You Should Never Cash
Paper checks are going the way of the dinosaurs—and fast. Only about .05% of payments are made by check these days, and as you might imagine most of those are…
What the IRS’s New ‘Paperless Processing Initiative’ Means for You
In an effort to modernize and streamline its operations, the IRS has unveiled plans to achieve “paperless processing” for tax returns by 2025. In a press release Wednesday, the agency…
This ‘IRS Letter’ Is a Scam
Photo: Jimmy Rooney (Shutterstock) Scammers love to prey on taxpayers by pretending to represent the IRS and using their “authority” to acquire sensitive personal information and steal your money. These…
This Tool Reveals How Far You Can Travel on Your Tax Refund
Photo: Sergey Furtaev (Shutterstock) As of the week leading up to Tax Day, the IRS had paid out nearly 76 million refunds, with the average refund totaling $2,840. While it…
Why Your Tax Refund Wasn’t As Big This Year
As a taxpayer, you get a federal refund whenever it turns you overpaid taxes throughout the year or had withheld from your paychecks more than what you ultimately owe. If…
How to Check If the Government Owes You Stimulus Money From 2022
Last year over 50 million Americans received some form of stimulus check from their states. While these payment amounts weren’t as large as the federal stimulus checks for 2021 pandemic…
These 20 States Are Sending Out Stimulus Checks
Photo: Joshua Resnick (Shutterstock) Although there’s little to see in terms of federal relief from record-breaking inflation, some states are stepping up to help their residents face our current economic…
Why You Should Apply for a Student Loan Refund Before Forgiveness
Photo: Cressida studio (Shutterstock) By now you know that President Joe Biden’s administration is moving forward with a plan that will enable millions of Americans to get up to $10,000…
Filing Tax Returns Early? Here’s What You Need To Know About Form 26AS
Form 26AS is a consolidated tax statement which gives details of all taxes deductedAs responsible citizens, we pay our taxes every year and therefore it is essential for us to…
How to Track Your Federal Tax Refund
Photo: FellowNeko (Shutterstock) The filing deadline to submit 2021 tax returns is right around the corner on Monday, April 18, 2022. Some of us filed as quickly as possible, while…