Latest from Michelle Singletary

The IRS paid $3 billion in interest to taxpayers because it failed to get refunds out on time

Even before coronavirus-related delays, the IRS has been paying out increasing amounts of money to taxpayers in interest on delayed refunds.
  • Mar 2, 2021

With vaccinations underway, the economy needs consumers to spend again. But don’t, if you have debt.

As more people get vaccinated many may end up doing some "revenge spending."
  • Feb 26, 2021

Tax Season 2021: Your tax and stimulus payment questions and more answered

This FAQ addressed top issues from taxpayers for the 2021 tax season. People still aren't sure about the taxability of the stimulus payments or whether they can take a home-office deduction.
  • Feb 23, 2021

The IRS says it’s done sending out stimulus payments. Anyone still waiting should claim it on their 2020 tax return.

The IRS is done sending out stimulus payments. If you haven’t gotten your money don’t wait for the check to come in the mail. You’ll have to file a 2020 tax return.
  • Feb 19, 2021

Answering your 2021 tax questions with Post columnist Michelle Singletary

Post columnist Michelle Singletary and tax expert Eric Bronnenkant will take your questions on the 2021 tax season.
  • Feb 18, 2021

Another reason not to opt for a tax refund loan: It may delay your next stimulus payment

Cut out the middle man and avoid these tax preparation products.
  • Feb 16, 2021

Tax season 2021: A tornado is coming

With two — potentially three — sets of stimulus payments and an overworked IRS staff dealing with all those extra demands, plenty could go wrong with tax season this year. Here's a preview.
  • Feb 12, 2021

To claim your stimulus payment, look for Line 30 on your 1040 tax form

From tax professionals to do-it-yourself software, all eyes will be on Line 30 of IRS Form 1040.
  • Feb 9, 2021

IRS mistakenly tells tens of thousands of taxpayers they won’t get their stimulus payments

Thousands of taxpayers were told by the IRS that they wouldn’t get a stimulus payment because of a past-due tax debt. The notice was sent in error.
  • Feb 5, 2021

GameStop holds a financial lesson for kids: Investing is supposed to be boring.

The North American Securities Administrators Association (NASAA) is cautioning investors about the risks associated with stock speculation.
  • Feb 2, 2021