IRS has $1 billion in unclaimed tax refunds

How IRS Tax Refunds Will Be Impacted by Mass Layoffs
The layoffs, which have been directed by the so-called Department of Government Efficiency (DOGE), led by billionaire and "special government employee" Elon Musk, have sparked concerns among experts who fear that the IRS won't be able to process Americans' tax refunds as quickly as usual this year.
Number of IRS tax refunds increases this year
In 2025, the IRS has issued over $124 billion in tax refunds, marking an 8.1% increase from the previous year. This surge in refunds comes despite fewer tax returns being filed, attributed to inflation adjustments and new deductions.
IRS says time is running out to claim 2021 tax refunds
As the April 15 filing deadline looms, the Internal Revenue Service reminds taxpayers that after three years, any unclaimed 2021 tax year refunds go to the U.S. Treasury.
The IRS Has Issued a Whopping $145 Billion in Tax Refunds so Far
How many tax returns has the IRS processed so far in 2025? On Friday, the IRS released statistics comparing its progress through the sixth week of tax season 2024 (ending March 8,
$1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible
More than 1.1 million Americans are owed a share of over $1 billion in unclaimed tax refunds, but time is running out to collect, the Internal Revenue Service (IRS) has announced. Taxpayers have until Tuesday,
Unclaimed IRS refunds: Over $1 billion awaits taxpayers
The IRS has announced that over $1 billion in tax refunds from the 2021 fiscal year remain unclaimed. With a deadline looming in 2025, eligible taxpayers still have a chance to claim their refunds. Discover who stands to gain the most and why some missed out on their refunds.
US IRS pauses modernization investments to evaluate AI technology
The U.S. Internal Revenue Service is taking a "strategic pause" in its technology modernization investments to re-evaluate ...
IRS to pause modernization efforts under Trump
The Internal Revenue Service (IRS) is pausing the operational overhaul it started during the Biden administration and is set to make changes to its workforce, senior Treasury Department officials ...
Former IRS agent found guilty in Ponzi scheme targeting elderly Santa Rosa woman
A Southern California woman was found guilty Thursday of defrauding an elderly Santa Rosa woman of more than $1.5 million in ...
IRS Issues Payment Reminder To Retirees
Retirees of a certain age with 401ks, IRAs and other workplace retirement funds must take required minimum distributions or ...
People love the IRS’s free tax filing website. Its future is unclear.
That website is IRS Direct File, which was well reviewed but little used in its 2024 debut as a free alternative to online ...
US IRS to re-evaluate modernization investments in light of AI technology
The U.S. Internal Revenue Service is taking a "strategic pause" in its technology modernization investments to re-evaluate ...
DOGE proposes slashing Internal Revenue Service staff by 20%
The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce ...
White House mum on External Revenue Service launch as Trump mounts trade war
Trump signed an executive order on his first day in office directing the Commerce Department to begin formulating plans for standing up the agency.