Each year, the IRS processes millions of tax returns, verifying income and tax liabilities to ensure accuracy. One of the key steps in this process is IRS Wage Verification, which involves comparing the wages and income reported on your tax return with records from employers and other income sources. Understanding how this process works can…
Waiting on your tax refund and wondering why it’s taking longer than expected? While most refunds are issued within 21 days, some returns require additional review, leading to delays. But what exactly is the IRS looking for during this process? Here’s a breakdown of the key reasons why some refunds take longer and what you…
Why the IRS Reduced Your Refund and What You Can Do If you were expecting a tax refund but received less than anticipated—or none at all—you may have experienced a tax refund offset. The Bureau of the Fiscal Service (BFS), a division of the U.S. Department of Treasury, manages the Treasury Offset Program (TOP), which…
If you’ve been checking your IRS tax transcript and noticed Tax Transcript Code 570 – Additional Account Action Pending, you may be wondering what it means and how it affects your tax refund. This code can cause delays in processing and issuing refunds, so understanding its significance is essential for taxpayers. What Does Tax Transcript…
The IRS has several measures in place to protect taxpayers and prevent fraudulent activity. One of these measures is the IRS Integrity Verification Process, designed to confirm the legitimacy of tax returns and ensure that refunds are issued to the correct individuals. While this process helps prevent identity theft and fraud, it can also cause…
The 2025 tax season is off to a strong start, with the IRS rolling out updates faster than in previous years. Many taxpayers are already seeing changes on their tax transcripts and updates on the Where’s My Refund (WMR) tool—a promising sign that returns are moving quickly. But we want to hear from YOU! If…
If you’re eagerly tracking your tax refund, understanding how and when the IRS updates your account can help ease some of the stress. The IRS follows a structured update schedule for both daily and weekly processing accounts, which impacts when tax transcripts and the Where’s My Refund? (WMR) tool reflect changes. Here’s a breakdown of…
Avoid Presidents Day Phone Jams—Visit IRS.gov Instead With the 2025 tax season in full swing and a surge in IRS phone traffic expected over Presidents Day weekend, the IRS urges taxpayers to take advantage of online tools at IRS.gov for quicker, hassle-free assistance. Presidents Day weekend is one of the busiest times for tax-related calls,…
If you’ve recently filed your tax return and are eagerly tracking its progress, you might be checking the IRS Get Transcript tool or the Where’s My Refund? (WMR) system for updates. One common question taxpayers have is: How long does it take for my tax return to show up in the IRS system, and when…
If you claimed the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) on your 2024 tax return, here’s what you need to know about your refund timeline! The moment we’ve all been waiting for is almost here! 💰 If you’re claiming EITC/ACTC, you might think your refund will update immediately after the…
