College is a time for you to become independent, make lasting memories, and pursue an education that leads to a career you’re passionate about. However, higher education can come at a cost. Once you graduate,… Student Loan Tax Offset Hardship Refund
The Department of Treasury’s Bureau of the Fiscal Service (BFS) issues IRS tax refunds and Congress authorizes BFS to conduct the Treasury Offset Program (TOP). Through the TOP program, BFS may reduce your refund (overpayment) and offset… Tax Topic 203: Refund Offset
What happens when the IRS Offsets Your Tax Refund? If you get a notice or status of an offset, your tax refund is going to be seized and put towards debt you owe to the… What To Do If The IRS Offsets Your Tax Refund
The Department of Treasury’s Bureau of the Fiscal Service (BFS) issues IRS tax refunds and Congress authorizes BFS to conduct the Treasury Offset Program (TOP). Through the TOP program, BFS may reduce your refund (overpayment) and offset… Tax Refund Offsets for Unpaid Child Support
If a taxpayer receives a refund that is less than the amount that was submitted with the tax return, the refund may have been offset for a past due obligation. A refund offset is when an IRS… What does Tax Topic 203 Mean?
If your student loans are in default, you’re probably worried about your tax refund. Will the student loan lenders take it? First, let’s set the record straight on private loans. Private student loan companies can’t take… Avoiding Tax Offsets Due to Student Loan Debt
We have been getting multiple reports that some taxpayer tax refunds never hit their cards or banks. If you never received your tax refund after seeing a scheduled direct deposit date message here are a… How many people did not receive their Direct Deposit on their Scheduled Day?
Your tax return may show that you’re due a refund from the IRS. However, if you owe a federal tax debt from a prior tax year, or a debt to another federal agency, or certain… Tax Refund Offsets
The law allows the use of part or all of your federal tax refund to pay other federal or state debts that you owe. Here are six facts from the IRS that you should know… What does it mean to have your tax refund offset?