4.4 • 1.4K Ratings
🗓️ 5 April 2023
⏱️ 8 minutes
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0:00.0 | I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. |
0:07.0 | It's time for some money rehab. |
0:09.0 | Hmm, taxes. |
0:16.0 | I'm not going to do a big old preamble, so let's get right into it and talk about all |
0:20.8 | things IRS and taxes today. |
0:24.2 | First up, let's talk due dates. |
0:26.0 | This year the deadline to file is April 18th, and that's only if you owe taxes. |
0:31.4 | If you know for sure that you're getting a refund, the government is happy to just keep |
0:35.9 | your money. |
0:36.9 | Now that is your money, you need to get that money, but if you're getting a refund, |
0:41.9 | you do have up to three years to claim it. |
0:45.0 | After three years though, the government will just keep your refund forever and ever, |
0:49.5 | and you can't get it back. |
0:51.2 | But if you are getting a refund and you don't necessarily need the money ASAP and life |
0:55.8 | is really complicated and busy right now, this is something you can just take off your |
0:59.6 | plate for a while. |
1:00.9 | Because let's be real, the IRS is not in a rush with anything. |
1:04.9 | They can't be. |
1:05.9 | They've been hobbled by cuts to their funding. |
1:08.7 | I mean, between 2010 and 2019, adjusting for inflation, they lost 20% of their funding, |
1:15.1 | which sounds great, right? |
1:17.3 | Nobody likes paying taxes. |
... |
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