Well, so much for early promises by the IRS that taxpayers could expect to “experience improvements” as they file their 2022 returns this year. Taxpayers in more than 20 states were warned...
Tag: Refunds
1inch Network commences gas refunds, but here’s the catch
The 1inch network recently revealed some good news, particularly for members of its resolver incentive program. The network has commenced the distribution of funds that were set aside as gas refunds f...
Why is my tax refund so low? Tax refunds in 2023 could be smaller, take longer. Here’s why
Every furniture store and car dealer across the nation — and one iconic magical mouse pushing dream vacations and celebrations — has a ready suggestion for how you might spend that big tax refund. But...
Should Bored Ape buyers be legally entitled to refunds?
Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law...
Here’s everything you need to know about deadlines, refunds, audits and more
Here we go again. Starting Jan. 23, the 2023 tax season will be officially underway, as the Internal Revenue Service begins accepting and processing 2022 returns. After a squishy few years of malleabl...
Magic Eden offers refunds after selling unverified NFTs
Just hours after blaming a third party for displaying pornographic photos on their website, Solana’s NFT platform Magic Eden addresses the issue of selling unverified NFTs. Unverified NFTs appeared as...
Solana NFT marketplace Magic Eden offers refunds following fake y00ts fix
Solana NFT marketplace Magic Eden offered refunds to users affected by the posting of unverified NFT collections on its marketplace. A new feature deployment had caused a user interface issue t...
3Commas admits API leak as victims demand refunds and apology
Earlier today, 3Commas confessed to an API leak after denying the community report for months. The move stirred victims to demand refunds and an apology for gaslighting. 3Commas’ clients demand a re...
3Commas API leak victims demand refunds and apology for ‘gaslighting’
Victims of the 3Commas API leak are calling for refunds and an apology from the crypto trading platform for being gaslighted over the whole ordeal. The past couple of months have seen an ongoing back ...
Millions of U.S. taxpayers still waiting for their refunds
Millions of U.S. taxpayers are still waiting for their returns to be processed, with an already massive backlog at the IRS growing even larger in the past year, according to a new report from a govern...
DOT says Frontier, foreign airlines must pay travelers $600 million in refunds
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United...
Airline Refund Rules Have Changed, But Opportunities Still Exist
Customers expect a refund when an airline cancels their flight. But what if you’re encouraged not to … [+] fly? Airline refunds are subject to tough economic realities and regulations change slo...
Mt.Gox: the start of reimbursements postponed to January
Last week, Mt.Gox’s bankruptcy trustee sent all creditors a new notice inviting them to provide the details to receive repayments by January 10, 2023. This means that until that date, repayments will...
Mt. Gox is preparing to make refunds
It’s official: on September 15 Mt. Gox will begin the procedure that will lead to creditor refunds. This was announced by the bankruptcy administrator in a statement posted on the website of the form...
Crypto.com Mistakenly Refunds $10.5M to Aussie User
Melbourne resident Manivel Thevamanogari and her sister Gangadory Thevamanogari sought a refund of 100 Australian dollars from Crypto.com in May last year but was accidentally returned 10.5 million Au...
IRS Cancels Millions Of Penalties And Will Issue Refunds To Taxpayers Who Already Paid Them
The IRS has announced widespread penalty relief for those who filed late during the Covid-19 … [+] pandemic. getty Given the pandemic, did you file your 2019 or 2020 tax returns late? It happene...
Huanhe Allows NFT Refunds, Halts Further Sales
The marketplace’s app will remain However, it will only allow existing customers to display, download and share NFTs Tencent is not planning to lay off Huanhe team members Tencent’s non-fungible toke...
Transportation Department proposes stricter rules for airline refunds after complaints surge
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Transportation Department on Wednesday proposed stricter rules on when airlines would have to compensate passenge...
Toyota Reaches Tax Credit Phaseout, GM Refunds Bolt Price Cuts To Current Owners
Toyota’s bZ4X electric vehicle is coming for 2023; unfortunately it won’t be eligible for the full … [+] federal tax credit granted to EV buyers. © 2022 Bloomberg Finance LP Though t...
Voyager Cryptocurrency Investors May Never Get Full Crypto Refunds – crypto.news
Voyager has revealed via its July 11, 2022 blog post that it still doesn’t know exactly how to reimburse its crypto investors, while also reaffirming that its customers’ USD deposits would be returned...
Nox Bitcoin crypto exchange, refunds customers UST at $1
Finally, there is some wonderful news for Brazilian crypto investors who invested in Luna and UST. The abrupt collapse of Terra (Luna) has devastated the lives of investors who are concerned they will...
Brazilian crypto exchange refunds all UST holders 1:1
Brazil-based crypto exchange Nox Bitcoin announced it will spend 620 million Brazilian reais to reimburse UST holders, crypto news outlet Portal do Bitcoin reported. The exchange will make up the diff...
Brazilian Crypto Exchange Refunds TerraUSD (UST) at $1 for Customers, a New Precedent Set?
A cryptocurrency exchange in Brazil has taken the unprecedented step of spending its own money to refund customers for their TerraUSD coins at the full rate. According to reports in local media on May...
Are State Tax Refunds Taxable?
For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a F...
The IRS sent more than 45 million refunds. This is the average payment
Bill Oxford | E+ | Getty Images The IRS has issued more than 45 million tax refunds worth almost $152 billion in total, as of March 11, the agency reported Friday. Nearly half of Americans expect refu...
The IRS has sent nearly 30 million refunds. Here’s the average payment
Cabania | iStock | Getty Images Plus Despite ongoing challenges, the IRS has sent nearly 30 million tax refunds, worth about $103.2 billion, the agency reported Friday. While 29% of Americans worry ab...
Many Americans Will Be Getting Smaller Tax Refunds This Year. Here’s Why.
The flood of federal pandemic-relief money was welcome last year, but it is causing disappointment and confusion as taxpayers prepare their 2021 returns. Many will be getting smaller-than-expected ref...
Young workers may see $800 more in their tax refunds this year
Many young workers may get an extra $820 in their tax refund this year because of the expansion of a key poverty-fighting credit, a new analysis found. The expanded Earned Income Tax Credit (EITC) wil...
The WSJ Tax Guide 2022: What to Know Now About Tax Filing and Refunds
Feb. 18, 2022 5:30 am ET Get ready for a wild tax season. Every year more than 200 million Americans sign and send income-tax returns to the Internal Revenue Service. But the 2022 filing season will b...
Education Department won’t seize tax refunds for overdue student loans
Miguel Cardona, U.S. Education Secretary, at the Queen Theatre on Dec. 23, 2020 in Wilmington, Delaware. Joshua Roberts | Getty Images News | Getty Images The U.S. Department of Education has suspende...
Coinbase teams up with Turbo Tax to offer tax refunds in BTC
Leading American crypto exchange Coinbase has inked a deal with Turbo Tax to enable crypto adopters to get tax refunds in Bitcoin (BTC/USD) and over 100 other cryptocurrencies. A report unveiled this ...