An Update on IRS Funding Patterns As of this morning, the IRS has paid approximately 70% of refunds related to taxpayers who filed within the first weeks of the season. That leaves approximately 30% of these taxpayer refunds yet to be paid by the IRS.This year, the IRS has generally paid refunds on a weekly…
The 2016 tax season is starting off badly for the Internal Revenue Service The agency on Tuesday said hackers last month used malware to automatically generate E-file personal identification numbers that could help them steal tax refunds. The attack involved 464,000 Social Security numbers that had already been stolen, of which 101,000 were used to…
IRS Reference Code 9001 IRS Reference Code 9001: “Taxpayer accessed Refund Status using a secondary TIN. The refund Status could not be returned. Get a Primary TIN Analyze account and follow appropriate IRM.” The IRS has an entire manual dedicated to errors and problems that they encounter during the course of doing business. Some of these…
Here is some information on Tax Topic 151 & 152 that many people asked for. We have also listed the full definitions below you can also visit the IRS Website www.irs.gov to find out more information. Topic 151 – Your Appeal Rights The IRS aims to resolve tax disputes through an administrative appeals process…
IRS Where’s My Refund? Refund Status Messages What does your tax refund status look like today? Have you submitted your Income Tax Return to the IRS to be E-Filed? Now the waiting game begins to see if we get approved for a refund or not. We’re gonna show you a little bit of information about…
What does my Tax Refund Status Mean? Return Received/Accepted: This simply means that the government has received your e-filed tax return. If you’re getting a refund, the next step is for the government to approve your refund before they can release it to you. What this means for you: The next step is to get…
As tax season approaches, you might come across ads or social media posts promising that paying a premium can get you a tax refund before anyone else. Don’t be fooled—there’s no shortcut to jump the queue. Tax season typically opens the last week of January, and no amount of extra fees will speed up the…
Illegal ways people are Cashing in on Bigger Tax Credits Most people who want to cheat on their taxes will do anything they can to understate their income. After all, the more money you make, the more money you’ll likely owe. But there’s at least one scam where an unscrupulous tax preparer will try to…
Taxpayers have both good news and bad news coming their way this year. First, the bad: Getting some refunds this year might take slightly longer than in prior years. So, what’s the silver lining? There may be less fraud than in the past, thanks to new strategies put into play by tax preparers, states, and…
Stay up-to-date with all the goings-on at RefundTalk.com. Follow us on Twitter and friend us on Facebook and we’ll keep you in the loop. Click on the images below to visit our pages! Advertisement
