An Expert's Warning: If Your Tax Refund Is Over $1,000, the IRS May Be Ripping You Off
If you receive a tax refund of over $1,000, you might have paid too much in taxes throughout the year to the government. With inflation still too high and many of us living paycheck-to-paycheck or leaning on credit to get by, that tax refund might have been more helpful throughout the year.
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These payments are an example of our commitment to go the extra mile for taxpayers,” IRS Commissioner Danny Werfel said.
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