Tax Refund Updates – Where's my Refund?

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… Continue reading IRS Where’s My Refund? Tax Tool for Uploading Documents

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… Continue reading Millions of Americans have already received a tax refund 2021

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… Continue reading Tax season is coming with plenty of changes thanks to COVID-19’s economic impact

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… Continue reading What to Expect During the 2021 Tax Season

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… Continue reading IRS Opening Day for 2021

Important Tax Changes In 2021: Individuals And Businesses

Every year, it’s a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead. Individuals In 2021, a number of tax provisions are affected… Continue reading Important Tax Changes In 2021: Individuals And Businesses

IRS extends tax deadline to July 15 from April 15

The Internal Revenue Service has extended the deadline for filing individual tax returns for 2019 to July 15, 2020 from April 15 in response to the coronavirus pandemic. The change came just two days after the agency extended the tax-payment deadline to July 15, 2020. Millions of taxpayers now have an extra three months to… Continue reading IRS extends tax deadline to July 15 from April 15

“Where’s My Refund?” will be updated Saturday February 22, 2020 with Deposit Dates

With millions of tax refunds being processed, the Internal Revenue Service reminds taxpayers they can get fast answers about their refund by using the “Where’s My Refund?” tool available on IRS.gov and through the IRS2Go app. More than 70 percent of taxpayers will receive a refund this year. The Internal Revenue Service issues nine out of 10… Continue reading “Where’s My Refund?” will be updated Saturday February 22, 2020 with Deposit Dates

Did You Update Your Address With the IRS?

The IRS relies heavily on the U.S. Postal Service to deliver notices to taxpayers. Many of these notices are received by taxpayers. This often comes up when the taxpayer has changed addresses. When the taxpayer does this and the address change is reported to the IRS, should the IRS have to update its records and… Continue reading Did You Update Your Address With the IRS?

IRS Will Pay Tax Refunds During Government Shutdown

The White House will order the IRS to pay income tax refunds despite the government shutdown, Russ Vought, acting director of the Office of Management and Budget, said at a briefing with Vice President Mike Pence. The IRS has sent close to 90 percent of its workforce home without pay due to the government’s partial shutdown, according to a… Continue reading IRS Will Pay Tax Refunds During Government Shutdown