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In 2024, about 25% of U.S. households are living paycheck to paycheck with no financial cushion, according to Bank of America.At the same time, the average IRS refund for 2023 tax returns was ...
Just keep in mind that the IRS has been overwhelmed with inquiries during the pandemic, with millions of Americans clogging up the phone lines to ask about their tax refunds, stimulus payments and ...
IRS provides extra help for the final month. The IRS is providing in-person tax help on Saturday, March 16, from 9 a.m. to 4 p.m. in 70 Taxpayer Assistance Centers across the country.. Taxpayer ...
Better yet, if the IRS owes you money for an overpayment on your part in 2023, and your refund is delayed, the interest rate the agency will be subject to is 8% through September of this year.
The Internal Revenue Service has announced that IRS Free File will begin accepting individual tax returns as of Jan. 10, 2025, for the 2024 tax season.
According to the latest IRS statistics, the average income tax refund so far this season is $3,011, up $123 from last year. Two out of three taxpayers expect to receive a refund.
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In New Jersey, it's estimated that 24,400 people may be entitled to an unclaimed tax refund from 2020, with the median refund sitting at $920. IRS has $1 billion in unclaimed tax refunds from 2020 ...