Loss of refund loans causes mounting losses at H&R Block

H&R Block is mourning the loss of refund anticipation loans, as revenues have been declining since it had to stop offering the loans.
An H&R Block storefront

Tax refunds and tax fraud are increasing

The average amount of an income tax refund has increased over the past few years and so have fraudulent deductions on income tax returns.
Portrait of the 1773 "Boston Tea Party"

Tax day: Nearly half of Americans owe nothing

Income tax returns are due today, April 18. Here are some surprising facts about taxes in the U.S. For example, 45 percent don't owe them.
Internal Revenue Service building placard

How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?

Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.

Government shutdown does not postpone IRS deadline

There is a looming government shutdown, but it does not negate the obligation to file an income tax return with the IRS by April 18.
Form 1040EZ

Chances of a dreaded IRS tax audit are low

Tax season brings around the grim specter of an audit by the IRS. Have no fear, as the chances of getting audited are less than 1 percent.
Pillory

Internal Revenue Service to stop cooperating with RAL lenders

The IRS won't give certain information to refund anticipation loan lenders anymore. They IRS is offering free e-filing and faster deposits.
Form 1040