Tag:

Tax Refund

$1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible $1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible
$1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible More than 1.1 million Americans are owed a share of over $1 billion in unclaimed tax refunds, but time is running out to collect, the Internal Revenue Service (IRS) has announced. Taxpayers have until Tuesday, April 15, to file their returns and claim their refunds before the money is forfeited to the US Treasury. The IRS estimates that the median refund is $781, meaning half of the refunds are higher and half are lower. Who’s Eligible? Many of those who haven't filed may be due more than just their refund. The IRS warns that low- and moderate-income taxpayers could also be missing out on …
Can IRS Layoffs Affect Your Tax Refund? Here's What To Know Can IRS Layoffs Affect Your Tax Refund? Here's What To Know
Can IRS Layoffs Affect Your Tax Refund? Here's What To Know With layoffs affecting as many as 6,000 Internal Revenue Service (IRS) workers reportedly underway, anxiety has heightened for Americans eager to receive refunds near the midway point of tax filing season. Approximately 140 million returns are expected to be filed by the Tuesday, April 15 deadline. Last year, around two-thirds of taxpayers received refunds, averaging about $3,100, according to IRS data. The IRS opened the 2025 tax filing season on Monday, Jan. 27.  For many households, a tax refund can be the largest annual payment they receive all year, and it's often used to pay off…
Union County Man Pleads Guilty To Preparing Phony Tax Returns: Feds Union County Man Pleads Guilty To Preparing Phony Tax Returns: Feds
Union County Man Pleads Guilty To Preparing Phony Tax Returns: Feds A 59-year-old Union man admitted to preparing phony tax returns to help his clients get improperly large refunds on Thursday, Oct. 10, authorities said. From tax years 2018 through 2021, Emmanuel Amenyo ran a tax preparation business in which he prepared and submitted individual tax returns to the IRS on behalf of clients, US Attorney Phillip Sellinger said.  Amenyo filed numerous false tax returns on behalf of his clients and subscribed to false tax returns with respect to his own taxes, Sellinger said. These tax returns falsely claimed charitable contributions, itemized deductions, c…