IRS Staff Cuts Could Delay Tax Refunds for Millions
The IRS has lost 27% of its workforce since 2025, creating a backlog of 590,000 amended returns and risking significant delays in refund payments for taxpayers.
The IRS has lost 27% of its workforce since 2025, creating a backlog of 590,000 amended returns and risking significant delays in refund payments for taxpayers.
A CPA reveals common tax pitfalls for retirees facing a $535,100 savings shortfall, with essential advice on required distributions and state taxes.
Chipotle reports a 3.2% drop in customer traffic as GLP-1 weight-loss drugs like Ozempic alter eating habits. The chain introduces protein cups and targets affluent diners to adapt.
A quarter of taxpayers fear IRS audits. A seasoned CPA with over 20 years' experience shares practical advice on identity verification, accuracy, and crypto reporting to reduce audit risks.
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RecommendedAldi plans to open 50 stores in Colorado over five years, challenging the dominance of Kroger and Walmart. This expansion could lower food prices in a state where grocery costs have risen 25% since 2021.
Colorado's iconic Vail ski resort faces severe economic losses as historically low snowfall drives visitor cancellations, with officials projecting millions in lost revenue and budget cuts.
Barclays and NatWest are expected to announce significantly higher earnings for 2025, with profits boosted by mortgage lending and investment banking activities.
Major Subway operator MTF Enterprises files for Chapter 11 bankruptcy, citing crushing merchant cash advance debts as the chain continues shrinking its US footprint amid fierce competition.
Shoppers can save significantly on homeware with B&M's Michigan Drawer 4 Storage priced at £25, compared to B&Q's nearly identical OHS Brooklyn 5 Chest at £49.99.
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RecommendedFollowing the Bank of England's decision to hold interest rates at 3.75%, savers can still secure competitive returns. Discover the best cash ISAs, easy access accounts, and fixed-term bonds for February 2026.
A recent study reveals backpacks are the most popular personal travel item in the US, valued for their versatility and convenience among modern travellers.
Levi's sales in the UK have grown rapidly, driven by celebrities like Noel Gallagher and Harry Styles, with jeans sales outpacing the wider fashion market.
Discover Terceira in the Azores, where February temperatures reach 21°C and flights from the UK start at £45. This hidden gem offers lush landscapes, whale watching, and UNESCO heritage sites.
Great Yarmouth Pleasure Beach now hosts the UK's only scenic wooden railway rollercoaster after Dreamland Margate's closure, with this historic ride drawing enthusiasts and families for nostalgic thrills.
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RecommendedThe UK government announces robust reforms to the Disability Confident scheme, aiming to help 2.8 million people with long-term sickness find work through enhanced employer support.
US employers announced 108,435 job cuts in January, a 118% annual increase, marking the highest January total since the Great Recession, with transportation and tech sectors leading layoffs.
Tenerife, the largest Canary Island, offers Brits a winter escape with 300 annual sunny days, palm-fringed beaches, volcanic landscapes, and historic colonial towns just a short flight away.
Which? warns of fraudulent emails impersonating energy firms like British Gas, offering fake Google Nest thermostats to steal personal and financial data. Customers urged to verify suspicious messages.
Discover 31 thoughtful Galentine's Day gift ideas for 2026, from pottery kits to pickle bundles, perfect for celebrating friendship on 13 February.
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RecommendedThe United States is experiencing a sharp decline in international tourism, with foreign arrivals dropping 5.4% in 2025. Experts warn this 'Trump slump' could undermine the expected World Cup tourism boom in 2026.
Barcelona's Sagrada Familia will host free open days on February 14 and 15 for Festa Santa Eulàlia, with a draw for tickets and discounts for residents in 2026.
Exclusive research reveals over four in ten households are dipping into savings or selling possessions to cover essential bills, despite some easing of economic pressures.
Amazon has launched a new range of Fire TVs, including the Omni QLED Series, with enhanced performance and introductory price cuts of up to 40% until February 11.
Former Prime Minister David Cameron has secured planning permission for a garden swimming pool after a lengthy dispute with neighbours who feared 'tacky Benidorm' resort noise.
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RecommendedHMRC has clarified how tax codes will be adjusted for state pension recipients as payments increase by 4.8% in April under the triple lock policy. The authority uses DWP data to update codes automatically.
Spanish hospitality chiefs warn of a disastrous start to 2026 as Balearic Islands see a 3% drop in restaurant customers, with Brits shifting to other destinations amid overtourism protests and price hikes.
The IRS projects 164 million tax returns by April 15, with average refunds $1,000 higher than last year. Many refunds, especially those with EITC or ACTC credits, won't arrive until March due to legal holds and processing delays.
New research reveals a 30% increase in platonic Valentine's cards, with friends receiving 16% of orders. The trend highlights a shift towards celebrating support networks over romantic partners.
Consumer watchdog Which? warns of a disturbing AI-powered phone scam where fraudsters clone voices during fake surveys to commit financial fraud. National Trading Standards urges immediate action.
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RecommendedJennifer Garner's organic children's food company Once Upon a Farm has raised nearly $198 million in its US initial public offering, valuing the firm at over $724 million.