Each year, the IRS faces a pretty odd challenge: trying to give people their money back. If you move or make an error entering your
Read MoreTag: refund
IRS Changes The Way RAL Providers Will Do Business
The last couple of tax seasons have been tough for many taxpayers trying to utilize popular refund anticipation loans (RALs). With banks increasingly unwilling to
Read MorePrisoners Continue To Loot Fed In Tax Refund Scam
When I was in law school, we talked a lot about the purpose of jail… There are a bunch of different philosophies about why jailing
Read MoreAsk the taxgirl: Reporting State and Local Tax Refunds
Taxpayer asks: I’m helping my daughter do her CT taxes. Last year she got a CT refund. If I’m reading the federal form correctly, it
Read MoreMaking Work Pay Credit: The Basics
I’ve been getting lots and lots of questions about the Making Work Pay Credit. To make it easier for you, here are the basics: The
Read MoreJackson-Hewitt Stock Continues To Take Hit On Loan News
Shares of Jackson-Hewitt stock continued to plummet in February as word of their problems with their RAL lender continued to make news. The stock opened
Read MoreFeds Target Tax Preparer Who Filed For $93 Million in Fraudulent Refunds
This tax season, Penny Lea Jones won’t be preparing tax returns if the feds have their way. U.S. District Judge Edward J. Lodge has issued
Read MoreNow THAT'S A Refund!
Laura Schultz was expecting to hear from the IRS. After all, the Denver-area house cleaner owed the IRS about $80. But when she opened up
Read MoreLooking For Some Extra Cash This Summer?
Are you looking for a little extra cash this summer! The IRS recently issued a reminder about unclaimed refunds… does one belong to you? Earlier
Read MoreAsk The Taxgirl: Making Work Pay Credit & Outstanding Liabilities
Taxpayer asks: What about a taxpayer who owes the IRS $$$ from previous tax years? Should they adjust their W-4 to have more taxes taken
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