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Friday, jun 12
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Lifestyle
IRS Sending Out Billions In Tax Refunds: Here's When Yours Will Arrive
Tax Day is behind us. Now comes the only thing better—refund season. The IRS is churning through millions of returns, and for many, that long-awaited deposit could land any day now. For weeks, federal officials have been processing millions of tax returns, and many taxpayers can expect to receive their refunds in the coming weeks as the calendar turns to June. "The Internal Revenue Service encourages taxpayers living and working abroad to file their 2024 federal income tax return and pay any tax due by Monday, June 16, 2025," officials said. Since June 15 falls on a Sunday in 2025, …
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Facebook May Send You $40 – And It's Not A Scam: Here's Why
Double-check your bank account, you may have gotten money from Facebook that you completely forgot was coming. Facebook users who filed claims in a $90 million privacy settlement that dates back nearly 15 years could soon start seeing payments – or may have already been paid. Many people on social media said they started receiving payments of $40.67 on Thursday, April 10. A class-action lawsuit claimed Facebook improperly tracked users' online activity without consent when users visited non-Facebook websites displaying Facebook's "Like" button. The suit said the nonconsensual tracking happe…
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IRS Sending $2.4B In Unclaimed Stimulus Payments: Here's Who's Eligible
Around $2.4 billion in automatic payments will be issued to nearly one million taxpayers, according to the Internal Revenue Service (IRS). The agency said they will go to those who missed out on claiming the 2021 Recovery Rebate Credit. These payments, with a maximum of $1,400 per individual, aim to ensure eligible Americans receive money they may have overlooked when filing their tax returns. Automatic Payments, Eligibility No action is required for eligible taxpayers to receive the payments, which will be issued automatically. The funds, based on IRS data, will be sent via …
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Here's When Massachusetts Will Start Returning $2.94 Billion To Taxpayers
Massachusetts taxpayers can expect their piece of a $2.94 billion pie starting this November, Governor Charlier Baker announced Friday, Sept. 16. With the state making "stronger-than expected" tax revenues for the Fiscal Year 2022, Massachusetts plans on giving those funds back to eligible taxpayers starting next month. “With families facing continued pressure from high prices and inflation, these returns will provide some needed relief," Baker said. Taxpayers must have filed their 2021 state tax return on or before October 17, 2022 to be eligible. Funds may be reduced if someon…
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Here's How Long It Should Take To Get A Tax Refund After Filing, IRS Says
With tax season rapidly approaching, many Americans have started filing and are now anxiously awaiting their refund check from the IRS. Despite facing a backlog and staffing issues due to the ongoing COVID-19 pandemic, most Americans can expect their refund checks to arrive within weeks of filing their taxes, according to officials. Once filed, the IRS said that Americans can expect their refund money to arrive within 21 days, pending certain delays. The cash can also be tracked approximately 24 hours after filing through the IRS website. Where’s My Refund? According to the IRS, in 2022, …