Author: Jessica Menton, USA TODAY

Tax refunds have served as a lifeline. In fact, more than half of Americans say it’s crucial to their financial stability, according to Credit Karma.

Tax Day is around the corner. If you haven’t filed yet, don’t panic. You could opt for an extension. But there are a few things to keep in mind.

In July, the IRS will begin sending monthly payments of $250 or $300 to low- and moderate-income families who qualify for the child tax credit.

A 4th check? 💵

The IRS sent another 730,000 “plus-up” payments to Americans this week who were eligible for more stimulus money after processing their tax returns.

The Internal Revenue Service is holding 29 million returns for manual processing, contributing to longer refund delays for many Americans.

Cryptocurrencies took a beating Friday as President Biden is expected to unveil a plan to raise capital-gains taxes for the wealthiest Americans.

Filing a last return

Some Americans who received a federal tax break on their unemployment last year may have to file an amended return to get their refund.

Bitcoin dropped as much as 15% late Saturday, its biggest intraday drop since February, just days after hitting record highs.