China issues tax refund policies for foreign tourists to boost inbound consumption
China issues tax refund policies for foreign tourists to boost inbound consumption
refund
Tax season was an absolute nightmare for the IRS this year thanks to DOGE’s staffing cuts—and experts fear it could lead to refund delays
The height of tax season was the height of turmoil at the IRS. The agency shuffled through three acting directors over the course of a week. It’s preparing to lose tens of thousands of workers to layoffs and voluntary retirements. And President Donald Trump is weighing in on which nonprofits should lose their tax-exempt status, an incursion into the agency’s … Read more
Circle launches Refund Protocol for safer stablecoin payments
Circle, the issuer behind USDC, has launched a new smart contract platform called Refund Protocol, aiming to bring refunds and dispute resolution to stablecoin payments. The company announced the launch in an Apr. 17 blog post on its official website. Traditionally, stablecoin transactions act more like cash payments, with no option for users to dispute … Read more
SEC will keep $50 million of Ripple fine and refund the rest
Jakub Porzycki | Nurphoto | Getty Images Ripple and the U.S. Securities and Exchange Commission have reached an agreement to end their long-running legal battle over allegations the company offered unregistered securities. Following last week’s news that the SEC would drop its appeal without conditions, Ripple has now agreed to withdraw its cross-appeal, the company’s … Read more
Binance bans GPS, SHELL market maker, set to refund users
Binance has banned a market maker linked to GoPlus Security and MyShell after detecting trading irregularities. According to a Mar. 9 announcement on Binance’s official blog, the exchange has terminated the entity from market-making activities and confiscated its proceeds to compensate affected users. The details of the compensation plan will be announced later by the … Read more
Protect yourself and your tax refund from scams
Tax season is upon us, and while many of you are preparing to file your returns, it’s crucial to be aware of the ever-evolving world of tax scams. This year, it’s more important than ever to stay informed and on your guard. New research by McAfee, a cybersecurity company, has shed light on how common … Read more
Americans have the ‘tax scaries’—but good news is waiting as the average refund goes up 7.5%
Tax season brings 1 in 3 Americans to tears, but with IRS data indicating above-average refunds, the stress might be worth it. Read More
Want your tax refund early? Be wary of hidden fees and the fine print
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