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12 terrible things that could happen if you don't do your taxes

12 hours agoLifestyle / Fashion : AOL: Style

With less than a month until tax day, it's time to check this lingering task off your to-do list. Pay a penalty fee Pay interest Get notices from the IRS Forfeit your refund Give up your Social Security Receive a federal tax lien Lose...Show More Summary

How to improve your home with your tax refund

Now that we are in the midst of tax season, members of the Finance Collective are here to give you tips and tricks on how best to take care of yours taxes this year. This week's tidbit of advice comes from My Debt Epiphany and details two different ways you can use your tax refund to finance your home. Show More Summary

Your Money Adviser: Ways to Save (and Not Spend) Your Tax Refund

The I.R.S. makes it easy to use your refund to buy savings bonds or to divide your refund among various bank accounts.

Where’s Your Tax Refund? This Tool Will Tell You

Tax Day is April 18th this year, so you have a few extra days to file. If you’ve already done your taxes, you’re either more responsible than I am or you’re getting money back. If it’s the latter and you still haven’t gotten your refund, the IRS has a tool to help you track it. Read more...

Don’t Fall For Last Minute Tax Refund & Phishing Scams

With the tax deadline just one month away, the Internal Revenue Service (IRS) is warning taxpayers and tax professionals about a round of phishing scams.

Avoid these 5 common tax-filing errors

Last year the Internal Revenue Service issued most tax refunds in about three weeks, but many refunds get held up by simple errors. Read more...

It's worth filing a return to get this tax credit

Yes, you can get back more in a refund than you actually paid in income taxes, but not if you don't file

Tax refunds are coming in slowly and retailers may be feeling it

Retail sales rose just 0.1% in February despite the mild weather.        

Retail sales in February rose, just barely

American consumers lifted their spending by a scant 0.1 percent last month, perhaps because of delayed tax refunds

Retail sales rose modestly in February

Delays In tax refunds could have slowed consumer spending, economists say.        

How you should rethink your tax refund this year

Now that we are in the midst of tax season, members of the Finance Collective are here to give you tips and tricks on how best to take care of yours taxes this year. This week's tidbit of advice comes from Everything Finance and is about thinking about your tax refund in a new way and putting it to good use: Read more... Permalink | Email this | Linking Blogs | Comments

4 Ways to Maximize Your Tax Refund

  Expecting a tax refund? How will you make the most it? If 2016 repeats taxpayers will likely park most of their refund in a savings account this year. The National Retail Federation or NRF found that nearly 50% of Americans planned to set aside their IRS checks in 2016. It marked the highest percentage […]

More than $14 million in unclaimed tax returns

More than 100,000 Virginia taxpayers who had state refunds loaded onto debit cards haven't collected their money. The Richmond Times-Dispatch reports (http://bit.ly/2mFdxQc ) that the taxpayers never activated their cards … Click to Continue »

February Retail Sales and Tax Refunds

I've mentioned this before... although the consensus is for a 0.2% increase in retail sales in February (to be released on Wednesday), it seems likely retail sales will disappoint due to delayed tax refunds.An excerpt from a MerrillShow More Summary

Liz Weston: Tax refund predators are waiting

People who don't have much money during the rest of the year can become big targets during tax refund season. For those living paycheck to paycheck, tax refunds — which … Click to Continue »

Here’s Your Tax Refund, Oops, Wait, No, It’s Not There

The word glitch has become an everyday word in twenty-first century America. Essentially, it means a defect or malfunction in a machine or a plan. Its use masks the underlying problem, which is the defect or malfunction almost always...Show More Summary

$1 billion in tax refunds still unclaimed

The IRS says the money belongs to an estimated 1 million taxpayers who didn't file 2013 returns.        

Unclaimed tax refunds on debit cards exceed $14 million

More than 100,000 Virginia taxpayers who had their tax refunds issued on prepaid debit cards never used them, leaving $14 million in refunds unclaimed. Virginia issued the prepaid cards from … Click to Continue »

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