Skip to content

Why Your IRS Transcript Shows Code 971 After Code 570

Code 570 and Code 971 are two of the most misunderstood IRS tax transcript update combinations. Many taxpayers panic when they appear together — especially if they were expecting Code 846 (refund issued). In reality,…

Still, waiting for your tax refund?

It’s been almost four months since the filing deadline for your 2020 tax return, and you haven’t gotten your refund check yet. Should you be worried? Not necessarily. What should you do? Probably nothing. What…

What Happens When you Submit Your Tax Return?

When you hit “Submit” on your e-file or drop your paper return in the mail, it feels like it disappears into a black hole. Behind the scenes, though, there’s a very specific sequence of steps…