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IRS headquarters

You might get triple your usual tax refund if you read this now

February 8th, 2022

The Biden White House marked Tuesday, February 8, as a “day of action” to remind Americans to sign up for two huge tax credits when preparing their federal tax return this year. One is the expanded child tax credit, with the second half of that coming via this year’s tax return. The other? The Earned …

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Coinbase lets you receive your tax refund as cryptocurrency

February 6th, 2022

Tax season can be incredibly complicated for owners of cryptocurrencies like bitcoin. You need to figure out if you’ve been profitable or whether you’ve incurred losses so that you can file your taxes appropriately. Cryptocurrency exchange Coinbase wants to make the entire process a lot easier. After announcing features that would make cryptocurrency tax filing …

IRS headquarters

How to sign up for 2022 stimulus checks worth up to $8,000

December 30th, 2021

At some point in January, negotiations will resume in the Senate over President Biden’s stalled legislation that will, among other things, fund 12 more months of child tax credit stimulus checks. For now, though, 2022 is shaping up to be nothing like 2021 on the stimulus check front. This is not to say that there …

IRS tax refunds

The IRS is sending out almost 4 million refunds this week

July 15th, 2021

This week was already chock-a-block with stimulus check-related news, before the IRS went ahead and decided to add something more on top of it all. The tax agency on Tuesday announced that nearly 4 million IRS tax refunds are being sent out this week — adjustments, we should add, that are partly related to the …

IRS unemployment refund

Some of you might get a second tax refund from the IRS this year

June 26th, 2021

The IRS is playing a massive game of catch-up at the moment, now that we’re more than a month beyond this year’s extended federal filing deadline of May 17 — the date that was chosen to give people more time to finalize their taxes as a result of ongoing complications related to the coronavirus pandemic. …

Tax refund

The IRS might owe you money, but you only have until Monday to collect

May 13th, 2021

At the moment, there are no doubt millions of taxpayers racing to get their 2020 federal tax returns finished up and either mailed off or electronically filed in advance of Monday’s imminent filing deadline. The normal April deadline was pushed forward this year to May 17, as a result of the continued extraordinary circumstances surrounding …