First a Victim of Tax Return Identity Theft, Then a 2-Year Wait for a Refund
Posted inContent Type: Service Identity Theft Income Tax Internal Revenue Service Personal Finances Rebates and Refunds Tax Credits, Deductions and Exemptions Tax Preparers and Preparation

First a Victim of Tax Return Identity Theft, Then a 2-Year Wait for a Refund

The I.R.S.’s Taxpayer Advocate Service found that many of those affected were lower-income people who depended on refunds to cover living costs. The wait is “ridiculous,” the head of the service said.
FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs
Posted inCenter on Budget and Policy Priorities Consumer Financial Protection Bureau Content Type: Service Employee Benefit Research Institute Employee Fringe Benefits Health Insurance and Managed Care Income Tax Personal Finances Tax Credits, Deductions and Exemptions

FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs

Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.