Last updated: 2026-01-29 23:21:14 ET
An audit from a government watchdog alerted the IRS of the mistake and the agency took steps to credit the tax accounts affected by the oversight.
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
The filing season, which officially opened Tuesday, is expected to deliver $429 billion in refunds -- up from $329 billion last year.
Winter-weather cancellations will be the first major stress test for a new automatic-refund rule for airlines.
Many taxpayers stand to collect larger refunds this year from the IRS, whether they itemize or not.
Paradex said a planned database upgrade briefly corrupted funding data, prompting a chain rollback and refunds after unintended liquidations across mu...
