Category Archives: Tax Returns

Opinion: Inflation and Taxes

Everything is going up because of mim. wage and a few other things.  When you do your taxes for a single person that makes about $13,000.00 and under can take a child credit. Prices has went up at least three times when mim. wage raised. Why can,t they raise the thirteen thousand to at least [...]

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Treasury launches tax refund debit card

Full Story at Yahoo.com WASHINGTON (Reuters) – The U.S. Treasury said on Thursday it is launching a pilot program to deliver income tax refunds on debit cards for low- and moderate-income people who do not have traditional bank accounts. The Visa prepaid debit cards are designed to allow these taxpayers to receive their refunds much [...]

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IRS: $1.3 billion still unclaimed for ’06, and deadline looms

Full Story at CNN.com CNN) — Some people who didn’t file a federal tax return for 2006 have more than 1 billion reasons to reconsider, but they need to do it fast, according to the Internal Revenue Service. The IRS says it has more than $1.3 billion in refunds for 1.4 million people who didn’t [...]

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Stimulus checks scrambling many tax returns

Full Story At  msnbc.com Nearly 1 of every 6 tax returns filed so far includes errors in reporting last year’s federal stimulus payments, the Internal Revenue Service said, blaming confusion among professional tax preparers and early releases of tax software.

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