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TaxesTwo Days Left to Claim COVID-Era IRS Penalty Refunds — Deadline Is July 10DebtSAVE Student Loan Plan Is Over — 7.5 Million Borrowers Have 90 Days to SwitchConsumer NewsFinancial Fraud Hits 2 in 5 Americans, Up 34%, as AI-Powered Scams MultiplyCreditCredit Card Delinquency Hits a 16-Year Peak as Total Household Debt Tops $18.8 TrillionEconomyFed Holds Rates Steady but Raises Inflation Forecast and Opens Door to a 2026 Rate HikeTaxesTwo Days Left to Claim COVID-Era IRS Penalty Refunds — Deadline Is July 10DebtSAVE Student Loan Plan Is Over — 7.5 Million Borrowers Have 90 Days to SwitchConsumer NewsFinancial Fraud Hits 2 in 5 Americans, Up 34%, as AI-Powered Scams MultiplyCreditCredit Card Delinquency Hits a 16-Year Peak as Total Household Debt Tops $18.8 TrillionEconomyFed Holds Rates Steady but Raises Inflation Forecast and Opens Door to a 2026 Rate Hike
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Today’s Lead Story
Wednesday, July 8

Taxes

Two Days Left to Claim COVID-Era IRS Penalty Refunds — Deadline Is July 10

via IRS Taxpayer Advocate

A 2025 federal court ruling found the IRS wrongly charged penalties on tax returns during the COVID-19 disaster period, and millions of households may be owed money back. Taxpayers must file Form 843 by this Thursday, July 10, to protect their refund right — the IRS is appealing the case and no payments have been issued yet.

Why it matters

Anyone who paid IRS late-filing or late-payment penalties for tax years 2020 through 2023 should check their records and file Form 843 this week before the window closes permanently.

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