Tax Refund

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Say Goodbye to Paper Checks

Beginning September 30, 2025, the federal government will generally no longer issue paper checks, including those for tax refunds, Social Security benefits, and other payments.

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Don’t Believe the Refund Myths

The IRS has posted a list of common refund myths on its website. For example, if the online Where’s My Refund tool or automated hotline doesn’t specify when a refund will be approved, there’s no point in calling the IRS. The tax agency won’t have additional details yet.

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How To Get an “Early” Refund, Adjust Your Withholding

How To Get an “Early” Refund, Adjust Your Withholding

If you received a large refund this year, you may want to adjust your withholding. Each year, millions of taxpayers claim an income tax refund. To be sure, receiving a payment from the IRS for a few thousand dollars can be a pleasant influx of cash. But it means you were essentially giving the government an interest-free loan for close to a year, which isn’t the best use of your money.

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Russo CPA tax tips: tax break refunds

Returning an Erroneous Refund

Mistakes happen. What if you receive a refund from the IRS that you’re not entitled to? Or what if you receive one that’s more than you’re entitled to?

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Russo CPA tax tips: tax break refunds

Unemployment Tax Break Refunds Issued for 2020

Final corrections for taxpayers who overpaid their taxes on unemployment compensation received in 2020 have been completed by the IRS. Approximately 14 million returns were corrected, resulting in nearly 12 million refunds totaling $14.8 billion.

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