‘Our bet is that ESAs will be similar to the last 20 years of HSAs’: SecureSave’s Devin Miller

The IRS is asking millions of taxpayers in California, Colorado and other states that issued tax rebates last year to hold off on filing their taxes. The reason: The agency said it is seeking to clarify whether those tax rebates and special refunds are considered taxable income. "We expect to provide additional clarity for as many states and taxpayers as possible next week," the IRS said on Friday. About 16 million California residents received "middle-class tax refund" checks of $350 per eligible taxpayer last year, part of a relief package designed by the state to help residents cope with soaring inflation at...