When it comes to deciphering the inner workings of the Internal Revenue Service (IRS), understanding the cycle code can be quite beneficial. This unique code provides valuable information about the processing timeline of your tax return. In this blog post, we’ll demystify the IRS cycle code, explain its significance, and guide you on how to…
The Processing Date represents the date when the IRS expects to have your tax return and tax refund processed. IRS Transcript Processing Date What is a Tax Transcript Processing Date? The processing date is a computer-generated date set by the IRS system. The Processing date is internally set to remind the IRS system to finish…
Deciphering Your IRS Cycle Code What is an IRS Cycle Code? The IRS cycle code is an eight-digit code that you can find on your online tax account transcript once your tax return has been accepted and posted to the IRS Master File. If you see a cycle code along with transaction code 150 posted…
Again this year, the IRS Tax Refund Site, Where’s my Refund? is often overloaded. When you e-file, your tax return is usually accepted within 24 hours of filing by the IRS. Then your seemingly endless wait begins for the orange bar to move to approved. We are receiving reports daily from this year’s filers that…
