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Tax refund advance loans are short-term loans that are repaid through your upcoming IRS tax refund. Loans are usually offered from December through February, and amounts can range from $100 to $4,000.

For example, the company may charge you $500 to file your tax return and will deduct the fee from your $1,500 refund. This leaves you with $1,000 even if the company doesn’t charge you interest.

One provider ‒ none were listed by name ‒ promoted an advance loan product that was offered from Nov. 1, 2023, through Dec. 31, 2023, that had a rate of 35.9%, the report said.

Instead, by withdrawing $10,000 tax-free from her reverse mortgage line of credit, Barbara avoids increasing her provisional income, keeping her Social Security benefits tax-free. Benefits: ...

STATEN ISLAND, N.Y. — Dozens of seniors applauded Rep. Nicole Malliotakis Monday morning after she revealed her work to deliver tax relief on Social Security and to boost the State and Local Tax ...