(Reuters) - Wal-Mart Stores Inc <WMT.N> posted weaker-than-expected quarterly earnings on Thursday due to poor U.S. sales and said its profit for this quarter might also miss Wall Street's forecast as it spends more on its foreign bribery probe, e-commerce and international operations. Full story
The number of tax fraud cases due to identity theft has risen dramatically in recent years, but both local and federal authorities have spent the last few months targeting the thieves. NBC’s Victoria Rivers reports from Washington.
(Reuters) - Family Dollar Stores Inc <FDO.N> said on Wednesday that sales have perked up as spring weather has finally arrived, but reported a weaker-than-expected quarterly profit which it blamed on a delay in shoppers getting their tax refunds. Full story
WASHINGTON (Reuters) - The monthly U.S. budget deficit narrowed in February compared to the same month a year ago, as a delay in tax refunds and lower defense spending added cash to government coffers, the Treasury Department said on Wednesday. Full story
CNBC's Steve Liesman offers today's wonky fact: $26 billion is the amount tax refunds through February 12th are lagging behind last year. That could impact consumer spending in the first quarter of the year.
A new analysis finds the government could reach the debt ceiling limit as soon as February 15, two weeks sooner than expected which means IRS tax refunds could be delayed. Democratic strategist Tad Devine and MSNBC Contributor Robert Traynham discuss the impact of reaching the $16.4 trillion debt c
A top IRS official is reporting that if Congress waits too long to resolve the fiscal cliff issues, billions in tax refunds could be delayed in 2013. Chris Edwards, Cato Institute, thinks this could be a "wake up call" for Washington, while Andrew Fiel...
Over $20 billion in tax refunds may land in the hands of identity thieves in the next five years, according to a study from the Treasury's inspector general. J. Russell George, Treasury Inspector General for the IRS, weighs in.
A job posting is seen on a sign outside a Wal-Mart store in Williston, North Dakota March 13, 2013. Wal-Mart has cashed some $2.7 billion in tax refund checks at its U.S. stores so far this year, Chief Financial Officer Charles Holley said at an investor conference that was broadcast over the intern
A man stands on a skateboard outside a Wal-Mart store in Williston, North Dakota March 13, 2013. Wal-Mart has cashed some $2.7 billion in tax refund checks at its U.S. stores so far this year, Chief Financial Officer Charles Holley said at an investor conference that was broadcast over the internet.