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Tax refunds

Tax refunds are smaller this year — and fewer people are getting them

by Henry Epp
May 12, 2023
Blame the termination of benefits that came with pandemic emergency measures.
The average refund amount is down more than 7% from last year so far, according to the IRS.
Stefani Reynolds/AFP via Getty Images
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Procrastinating on your taxes? Here’s our FAQ on extensions and filing late 

by Janet Nguyen
Apr 17, 2023
We also have the latest information on how to report business transactions conducted on payment apps.
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IRS says $1.3 billion in tax refunds is unclaimed — from 2017

by Samantha Fields
Apr 12, 2021
People have until May 17 to file their 2017 taxes and request their refunds.
More than 1 million people a year fail to claim the refunds they are owed, according to a tax expert.
masterSergeant via Getty Images
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COVID-19

What might consumers do with both a tax refund and pandemic relief money?

by Samantha Fields
Mar 9, 2021
Those who have already paid off debt and built up their savings may be ready to spend tax refund money.
NoDerog via Getty Images
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Check Your Balance ™️

A tax refund is a lifeline for a lot of Americans

by Samantha Fields
Mar 4, 2020
Last year, after the Tax Cuts and Jobs Act of 2017 went into effect, a lot of people saw their tax refunds shrink or disappear.
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Why the IRS has received 2 million fewer tax returns this year

by Marielle Segarra
Mar 13, 2019
Word of smaller refunds may have had a chilling effect on filing.
People are afraid to file their taxes — and accountants are moving slower.
Joe Raedle/Getty Images
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Tax Bill 2017

The history — and psychology — behind the tax refund

by Marielle Segarra
Feb 20, 2019
When did taxpayers and industries start to rely on the refund?
A neon sign is seen in a window of a tax preparation office in Des Plaines, Illinois.
Tim Boyle/Getty Images
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Tax refund delays could sting working poor

by Annie Baxter
May 13, 2016
The IRS won't be able to send some workers' refunds next year until after Feb. 15.
Refund delays could disrupt workers’ personal budgets.
Scott Olson/Getty Images
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I've Always Wondered ...

Why do people overpay their taxes, then get refunds?

by Mitchell Hartman
Apr 13, 2015
Many taxpayers will receive a refund averaging $2,800. That's free money for the government.
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Predatory tax preparers target low-income households

by Audrey Quinn
Apr 3, 2015
Some tax preparers charge high fees and make dubious loans to vulnerable clients.
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