The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns. The IRS expects more than 128.7 million individual tax returns to be filed by the April 15, 2024, tax deadline. Although the IRS…
Category Archives: Tax Refund Updates
IRS Opening Day for the 2023 Tax Season
The Internal Revenue Service has announced that the nation’s tax season will start on Monday, Jan. 24, 2023, when the tax agency will begin accepting and processing 2022 tax year returns. The Internal Revenue Service today announced Monday, January 23, 2023, as the beginning of the nation’s 2023 tax season when the agency will begin accepting…
IRS backlog of tax returns will continue through the 2023 filing season
The IRS watchdog reported this week that the agency is unlikely to eliminate a huge backlog of tax returns this year, again leaving many U.S. taxpayers waiting for their returns and their tax refunds to be processed. “The delays in processing backlogged tax returns continue to burden taxpayers,” the report released Thursday from the Treasury…
IRS Opening Day for 2022 Tax Season
The Internal Revenue Service has announced that the nation’s tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The Internal Revenue Service announced that the nation’s tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting…
Things to Remember before filing your Tax Return
As we approach a new tax filing season we have compiled a list of things for you to remember before filing your return. DO NOT file your taxes with your last paycheck stub from the year DO NOT file your Taxes with your year’s final paycheck stub. The information on the final paycheck can be…
IRS Where’s My Refund? Tax Tool for Uploading Documents
Here’s a frustrating scenario that is affecting way too many Americans this tax season: You’ve been waiting months and months for a refund, but instead of getting a check from the Internal Revenue Service (IRS), you get a letter saying “you need to send supporting documentation.” Even worse, the IRS says it is holding your refund until the matter…
Millions of Americans have already received a tax refund 2021
Millions of Americans have already received refund payments after completing their tax filing, but there are concerns that tax return processing could soon face delays. This year’s tax season is expected to be a bumper year for tax refunds and rebates with millions of Americans expecting to get money back after their filing. Those who suffered a…
Tax season is coming with plenty of changes thanks to COVID-19’s economic impact
Your taxes might be a rollercoaster you’ll have to tackle this year, thanks to COVID-19’s economic impact on 2020. If you lost a job, turned to gig work, or even got unemployment benefits, you may have to navigate landmines you’re not used to. Not to mention, you might have to request your stimulus check on your…
What to Expect During the 2021 Tax Season
In the next few weeks, the Internal Revenue Service (IRS) will begin accepting federal tax returns for the 2020 tax year. The coronavirus pandemic and multiple pandemic-related relief packages passed last year will make the tax season unique for taxpayers and for the IRS. Congress introduced several tax policy changes in 2020 that will impact the upcoming…
IRS Opening Day for 2021
The Internal Revenue Service has announced that the nation’s tax season will start on Friday, Feb. 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns. The Internal Revenue Service has announced that the nation’s tax season will start on Friday, Feb. 12, 2021, when the tax agency will begin…