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Why a smaller tax refund in 2019 might be a good thing, even if it doesn't seem that way

Los Angeles Times

To the editor: It is incredible how uninformed (or misinformed) many people are about taxes and refunds. What the "angry filers" need to do is compare what they paid in taxes in 2017 versus 2018, not their refunds. As the article points out, 80% of filers (mainly low- and middle-income) paid less as a result of the tax cuts. If people receive a smaller refund this year, it is because they received more money in their paychecks during the year. The new tax withholding tables are meant to divert an amount that more accurately reflects what the taxpayer will owe for the year.


Steam Not Refunding 'No Man's Sky' Players Who Played The Game For More Than Two Hours

International Business Times

Despite rolling out the largest update for "No Man's Sky" over the weekend, refund requests continue to pour in that Steam has finally decided to strictly impose its standard refund policy on players who are demanding for a refund though they have played the game for more than two hours. During the final hours of Sunday, Steam updated its page for "No Man's Sky" to include a refund notice on Hello Games' action-adventure survival video game's page. The notice may have been added to inform prospective buyers that Steam is imposing the standard refund policy on the game and to remind players who are thinking of requesting for a refund that no special exemptions apply. "The standard Steam refund policy applies to'No Man's Sky.' There are no special exemptions available," the disclaimer reads.


PlayStation Store will give refunds on pre-orders to US customers

Engadget

Sony updated its refund policy for pre-orders and faulty content purchased on the PlayStation Store to make things a bit more lenient for users. The new rules issued on Monday gives users who pre-ordered digital content the option to request a refund. According to the revised policy, if you pre-order a game more than 14 days before its release date, you have up until the date of its release to ask for a refund. If you pre-order a game fewer than 14 days before its release, you have up to two weeks after its launch to request your money back. A couple of caveats in the PlayStation Store's revised policy: You're only eligible for a refund if you haven't downloaded or streamed the game yet.


IRS to delay tax refunds for millions of low-income families

FOX News

WASHINGTON – The IRS is delaying tax refunds for more than 40 million low-income families this year as the agency steps up efforts to fight identity theft and fraud. The delays will affect families claiming the earned income tax credit and the additional child tax credit. These tax breaks are geared to benefit the working poor, and many families claim both. "For most of these people it's the biggest check they are going to get all year," IRS Commissioner John Koskinen said in an interview with The Associated Press. "We are sensitive to that."


Samsung Reportedly Planning To Offer Unconditional Refunds For The Galaxy S8

International Business Times

Samsung is reportedly planning to offer Galaxy S8 buyers unconditional refunds as part of its marketing strategy. This might be intended for consumers who may have reservations about Samsung's products after the Galaxy Note 7 disaster. Samsung's planned unconditional refund offer for the Galaxy S8 is said to last for up to three months since the purchase of the device, according to The Investor. It's possible that Samsung wants to show off its confidence in the new handset in terms of product quality that's why it is introducing this offer. The report didn't provide any more specifics on Samsung's planned refund offer for the Galaxy S8, but it might explain why the company is spending more on marketing, as pointed out by Forbes.