Our Finance Guide
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
Our Finance Guide
No Result
View All Result
Home Tax

Late tax refunds, stimulus money and child tax credit payments frustrate families, and poor IRS communication isn’t helping

admin by admin
July 29, 2021
in Tax
0
Late tax refunds, stimulus money and child tax credit payments frustrate families, and poor IRS communication isn’t helping

Related articles

The IRS has issued $10 billion in tax refunds on unemployment benefits. Here’s why another break is unlikely next year

Justice Department says IRS must give Trump’s tax returns to Congress

When you promise people something and they see others getting it while they do not, it can make them angry.

This sums up the feelings of many struggling families who are still waiting for the IRS to send them their tax refunds, stimulus payments, or monthly installments of the advance child tax credit — or all three.

On July 15, the first batch of advance child tax credit monthly payments — worth roughly $15 billion — was sent to about 35 million families. The Treasury and IRS said more than 2.2 million additional stimulus payments totaling $4 billion were disbursed last week under the American Rescue Plan. And nearly 4 million taxpayers who overpaid their taxes on unemployment compensation have been sent refunds that average $1,265.

This is good news for families who have gotten their money, but it also fuels the frustration of others who are struggling and haven’t received their payments. A private Facebook page, created in March, has close to 1,000 members who share stories of failing to receive the third stimulus payment.

Read more…

admin

admin

Related Posts

The IRS has issued $10 billion in tax refunds on unemployment benefits. Here’s why another break is unlikely next year

The IRS has issued $10 billion in tax refunds on unemployment benefits. Here’s why another break is unlikely next year

The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth...

Justice Department says IRS must give Trump’s tax returns to Congress

Justice Department says IRS must give Trump’s tax returns to Congress

The Justice Department on Friday said the Treasury Department must hand over former President Trump's tax returns to the House Ways and Means Committee, putting an apparent end...

The I.R.S. is warning of a messy tax season.

Free Options for Filing Your Taxes

It’s tax-filing season, and whether you go to an accountant or use online tax software, filing a return can be expensive. But there are free options....

Iowa lawmakers have struck a deal on tax cuts. Here’s what’s in it.

Iowa lawmakers have struck a deal on tax cuts. Here’s what’s in it.

Iowa will move to a 3.9% flat income tax rate under a compromise between legislative Republicans and Gov. Kim Reynolds that paves the way for passage of the massive...

Don’t count on that tax refund yet. Why it may be smaller this year

Tax pros are subject of ‘spearphishing’ attacks

Identity thieves are targeting tax professionals with "spearphishing" emails masquerading as coming from the IRS or tax return preparation software providers, the Service advised in a news...

Next Post
M1 Finance reveals new credit card that allows consumers to earn bonus cash back with companies they own stock in

M1 Finance reveals new credit card that allows consumers to earn bonus cash back with companies they own stock in

Useful Stock Investing Tips From the Pros

New To Investing? Here Are Some Common Mistakes To Avoid And Tips To Follow

Student Loan Cancellation Just Got More Complicated

Student Loan Cancellation Just Got More Complicated

No Result
View All Result

Subscribe Us

By clicking subscribe, I authorize: (1) Our Finance Guide to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) Our Finance Guide or third-party companies, including Our Finance Guide’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.

RECOMMENDED

Uncategorized

How much should you budget for self-employed taxes as a freelancer?

Uncategorized

Animal Spirits: The Fed is Making a Mistake

CATEGORIES

  • Credit Cards
  • Investing
  • Loans
  • Tax
  • Uncategorized

Subscribe Us

By clicking subscribe, I authorize: (1) Our Finance Guide to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) Our Finance Guide or third-party companies, including Our Finance Guide’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.

© 2021 Our Finance Guide, All Rights Reserved.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing

© 2021 Our Finance Guide, All Rights Reserved.