Three | E 60 News
SUBSCRIBE NOW
  • Home
  • District of Columbia
  • Maryland
  • Virginia
  • National
  • 6 Questions
  • Poll
No Result
View All Result
  • Home
  • District of Columbia
  • Maryland
  • Virginia
  • National
  • 6 Questions
  • Poll
No Result
View All Result
Three | E 60 News
No Result
View All Result
Home National

IRS Warns Tax Refunds May Be ‘Somewhat Lower.’

January 26, 2023
748
VIEWS
Share on LinkedInShare on Twitter

If you’re banking on a tax refund, it may be “somewhat lower” than last year’s payment, according to the IRS.

Typically, you can expect a federal refund if you’ve overpaid yearly taxes or withheld more than what you owe. One of the big reasons for smaller payments this year is expiring pandemic relief, which was delivered via tax breaks for 2021 returns, experts say.

Meanwhile, many Americans are still struggling financially, with nearly one-third relying on their tax refund to make ends meet, a recent Credit Karma survey found.

Joe Buhrmann, a certified financial planner and senior financial planning consultant at eMoney Advisor, said smaller refunds and high inflation may be a “double whammy” for some families.

Click here to read the rest of the article written by Kate Dore, CFP over at CNBC

Previous Post

New Governor To Replace Maryland Stadium Authority Chair Thomas Kelso

Next Post

Amazon Launches $35 Billion Data Center Expansion In Virginia

Next Post
Amazon Promises To Train, Promote Developers Of Color

Amazon Launches $35 Billion Data Center Expansion In Virginia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Poll

Do you support modular homebuilding as a way to create affordable housing in Prince George's County?

Trending

  • Modular Homes: Pittsburgh Company Works To Bring New Housing, Jobs To Prince George’s Co.

    Modular Homes: Pittsburgh Company Works To Bring New Housing, Jobs To Prince George’s Co.

    315 shares
    Share 0 Tweet 0
  • Alsobrooks, Trone Show Mutual Disregard At Senate Candidate Forum

    340 shares
    Share 0 Tweet 0
  • Breaking: Investigation Launched Into Site Selection Process For New FBI Headquarters

    467 shares
    Share 0 Tweet 0
  • Amtrak Seeks To Take DC’s Union Station In Eminent Domain Case

    278 shares
    Share 0 Tweet 0
  • Prince George’s County Leads Maryland With 55,000 New Job Since 2011

    322 shares
    Share 0 Tweet 0

Upcoming Event

No event found!
Three | E 60 News

We bring you daily curated news content impacting the small, local and minority business community.


© 2021 Three | E Consulting Group. All rights reserved.

Recent Posts

Alsobrooks, Trone Show Mutual Disregard At Senate Candidate Forum

Five Things To Know About Maryland’s Investment In The Orioles And Ravens

One Of Region’s Biggest Malls Misses Extended Deadline On $239M Debt

Md. Set To Announce Billions In Deep Cuts To Transportation Agencies



No Result
View All Result
  • District of Columbia
  • Maryland
  • Virginia
  • National
  • 6 Questions
  • Poll
  • Featured
  • Subscribe

© 2021 Three | Consulting Group - Site design by Three | E Consulting Group.