Wise is reportedly negotiating a settlement after a software glitch affected thousands of customers’ tax statements. The money transfer app this week contacted roughly 4,000 U.K. users of its Wise Asset service to inform them it had given them incorrect tax statements between 2021 and...
The IRS is working to establish an electronic case management system for tracking cases in which a taxpayer contacts the agency about a missing payment, and the IRS employee who receives the inquiry cannot locate the payment. The agency is doing so in response to...
Every spring, millions of Americans sit down to do their taxes with a pile of forms, a browser full of tabs and a sense that they are probably doing something wrong. Tax software helps. So does a CPA. But both cost money, take time and...
As the April 15 tax filing deadline draws near, a notable behavioral shift is underway. Consumers who once turned to TurboTax or a CPA as their first resource are now opening ChatGPT, Google Gemini or Claude to ask whether they qualify for the home office...
As the 2026 tax season unfolds, a sobering reality has emerged for the nearly 70% of Americans living paycheck to paycheck. While many U.S. consumers view a tax refund as a significant financial windfall or an opportunity to bolster savings, those facing the greatest financial...
This time each year, millions of consumers in the United States tell themselves comforting but misleading stories about their tax refunds. One story is that the check from the U.S. Treasury is “found money” or a “windfall.” What it actually signals is that you withheld...
Walmart-backed FinTech OnePay has debuted a feature letting customers file their taxes through its app. The new service, announced Wednesday (Jan. 28), is being offered in partnership with embedded tax technology platform april, and allows customers of the One Pay Cash financial services platform to file federal and...
Equifax now offers lenders verified employment and income data along with credit reports. This new offering, Income Confirm, integrates data from the company’s The Work Number database with an Equifax Consumer Credit Report, according to a Monday (Jan. 26) press release. Income Confirm is designed to strengthen lenders’ decisioning confidence...
PayPal has launched a partnership with embedded tax technology platform april. The collaboration, announced Tuesday (Jan. 20), lets PayPal Debit Mastercard customers in the U.S. file their 2025 state and federal tax returns for free using april’s tax filing service. “By connecting tax filing to where customers...