As a 58-year-old woman on disability, Robin Short of Wallingford, Connecticut, relies on her tax refund to catch up on bills. She filed her return electronically in February, opting for direct deposit so she could get her $773 refund quickly.
She’s still waiting, as are millions of others. In my latest for the Associated Press, how the IRS is slowly resuming operations after pandemic-related lockdowns, but delayed refunds are devastating some people’s finances.
Today’s top story: Mastering the awkward financial talk. Also in the news: Co-signing a student loan with bad credit, younger consumers getting a credit boost from their elders, and one in five fear they’ll owe the IRS money this spring.
Today’s top story: Why credit cards are targeting ‘convenience’ spending. Also in the news: When you tax refund can hurt more than it can help, how to master the awkward financial talk, and why $3 million is the new $1 million when it comes to retirement.
Today’s top story: How to reclaim tax breaks you may have missed in recent years. Also in the news: Why college students take on loans they can’t repay, 6 surefire ways to delay your tax refund, and 7 red flags that could trigger an IRS audit.