Tax refunds are the only windfall many people ever see, and there's a big temptation to blow it all on something fun. There are better ideas.
Even if it appears the IRS owes you money, you may not get a refund if you owe back child support or defaulted on student loans -- or if the IRS can't find you.
Another awful product is finally getting flushed down the drain. This is the last year any major tax prep service will offer refund anticipation loans, where fees can equal 150% interest.
The refund-tracking tool on the agency's website is not reflecting the status of returns that have been filed. The problem is with the website tool, and refunds have not been delayed.
The IRS has created a website and a smartphone app you can use. If you file electronically, you could get your money within 10 days.
Splurging no more than 5% of it may be reasonable. Otherwise, here are the smartest ways to put that money to work.
The IRS is cracking down on schemes that use ID theft to file for fraudulent tax refunds. New safeguards are delaying refunds to early filers.
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The offering could become the second-biggest this year if underwriters exercise an option to buy more shares.
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The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.