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TaxesTens of Millions May Be Owed COVID-Era IRS Refunds — Deadline Is July 10DebtStudent Loan Repayment Overhauled July 1 — SAVE Plan Out, RAP Moving InCreditCredit Card Delinquencies Hit a 15-Year High as 13% of Balances Go UnpaidEconomyU.S. Household Debt Hits an All-Time Record of $18.8 TrillionRetirementSocial Security's Full Retirement Age Reaches 67, Ending a 42-Year TransitionTaxesTens of Millions May Be Owed COVID-Era IRS Refunds — Deadline Is July 10DebtStudent Loan Repayment Overhauled July 1 — SAVE Plan Out, RAP Moving InCreditCredit Card Delinquencies Hit a 15-Year High as 13% of Balances Go UnpaidEconomyU.S. Household Debt Hits an All-Time Record of $18.8 TrillionRetirementSocial Security's Full Retirement Age Reaches 67, Ending a 42-Year Transition
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Today’s Lead Story
Saturday, June 13

Taxes

Tens of Millions May Be Owed COVID-Era IRS Refunds — Deadline Is July 10

via National Taxpayer Advocate

A court ruling found the IRS improperly assessed late-filing and payment penalties during the COVID federal disaster period; the National Taxpayer Advocate warns that most eligible taxpayers must submit a refund claim by July 10 or permanently forfeit those funds.

Why it matters

If you received an IRS penalty notice between January 2020 and July 2023, filing Form 843 before July 10 may recover cash you were wrongly charged.

See all today’s storiesRead source

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