TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

IRS Pays Interest on Refunds

The IRS has begun to pay out interest on all refunds that they issued after 4/15/2020.  If you have already received your refund, you will receive the interest in a separate transaction from the IRS.  Alternatively, the IRS will include the interest as an additional amount in your refund check or direct deposit.  The interest… [keep reading…]