Discovering that you’ll be getting a tax refund is certainly not the worst news you’ve had in your life. In fact, it’s easy to see a tax refund as some kind of gift from the universe. But here’s the truth: More than likely, it’s part of your paycheck that you should have been getting all…
Use Your Tax Refund to Knock Down Debt, Lift Your Finances
April 7, 2022
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So you’re expecting a tax refund this year. With inflation driving up the price of gas, food, and nearly everything else, that extra money can’t come soon enough. The hard part is deciding how to spend it. Should you invest the money? Book a trip? If you really want to do yourself a favor, use…
How to Keep Your Tax Return from Getting Hung Up
There may never be a good time to draw the IRS’ attention, but this year you really want to avoid extra scrutiny. The IRS is so understaffed and overwhelmed that even a tiny mistake could delay your refund for months. A return that requires “manual processing”—basically, any action by an IRS employee—could join a massive…
Chicago Officials Trying to Block $1M Tax Refund on Trump Building
Chicago officials are trying to block former President Donald Trump from receiving a $1 million tax refund that the Illinois Property Tax Appeal Board ruled is owed on his Chicago skyscraper’s 2011 tax bill. The office of Cook County State’s Attorney Kimberly Foxx filed a lawsuit with the Illinois Appellate Court on July 9 disputing…
Chicago Officials Trying to Block $1 Million Tax Refund on Trump Building
Chicago officials are trying to block former President Donald Trump from receiving a $1 million tax refund that the Illinois Property Tax Appeal Board ruled is owed on his Chicago skyscraper’s 2011 tax bill. The office of Cook County State’s Attorney Kimberly Foxx filed a lawsuit with the Illinois Appellate Court on July 9 disputing…
Opinion: Why Aren’t School Districts Giving Taxpayers Their Money Back?
Commentary In Naperville, Illinois, the school board announced it would distribute $10 million back to taxpayers this year. Yes, a tax refund. In a news release, Superintendent Dan Bridges told residents that he “understands the great burden many of our families have faced during the COVID-19 pandemic and hopes that this reimbursement lessens that burden.”…
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