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…
Tag: delay
The Internal Revenue Service has sent out more than 11 million letters to taxpayers showing them they owe more or are not getting back as much in a refund as they thought. That’s five times more than in 2019, according to the IRS’ tax advocacy office, an independent arm of the agency created to help…
The IRS’s Failure to Establish Goals to Reduce High False Positive Rates for Its Fraud Detection Programs Increases Taxpayer Burden and Compromises Taxpayer Rights Over the past decade, the IRS has been significantly impacted by fraud and identity theft. To detect and prevent identity theft and other tax refund fraud, the IRS has established a…
It turns out that there is no set time schedule for when refunds have to be given to people who file taxes (and who qualify). This is probably not the answer that you wanted and is slightly unsettling. The IRS doesn’t like to leave us completely in the dark; in prior years they issued a refund…
Everyone that was accepted from January 1, 2017 – February 14, 2017 that have been sitting with no answers have you Received Any Updates? We are seeing a lot of people that had not seen much movement get some Transcript Updates Today. Please take part in the poll below so that we can determine how…