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Treasury and IRS Release FAQs to Help Small and Midsize  Form

Treasury and IRS Release FAQs to Help Small and Midsize Form

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Instructions and help about 2021 form 4506 t

Consumers are being squeezed by inflation this year and are maybe facing down a potential recession, and now there's even more bad news. The IRS has warned that refunds may be smaller than last year. The IRS warned that tax refunds may be smaller because there were no stimulus payments in 2022. That helped boost refunds in the other years because people were able to claim that stimulus on their tax forms and get refunded if they didn't receive them. A lot of Americans rely on a big tax refund and they really look forward to getting it because they will use it to finally pay for something that they've been wanting, a large purchase or maybe a vacation. Or some have fallen behind in savings or investing for the year and they'll put that refund into that. Or some of them will even just use it to pay off some debt. Lending Tree did a survey and 46% of taxpayers said they relied on their refunds to do some of those things. But because their refunds are gonna

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