The IRS cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or paying bills.

Tax season is underway. The IRS has debuted a new online tool to help taxpayers check the status of any refund they may be entitled to.

I t's only been a few days since the start of tax season on Monday, Jan. 27, but if you've submitted your tax return early, you may be wondering when your refund will arrive. Ther

The IRS began processing tax returns Monday. For filers who submit their returns electronically using direct deposit, refunds are generally issued in less than 21 days. There is a caution from the tax agency, however, that urges “taxpayers not to rely on receiving refund by a certain date, especially when making major purchases or paying bills.

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.