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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The IRS could charge you penalties of up to $5,000 for this reasonAs the 2025 tax season kicks off, the IRS warns taxpayers about potential penalties of up to $5,000 for this taxpayers.
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