And Congress kept asking the IRS to do more: implement the sweeping 2017 GOP tax code overhaul, then send stimulus checks — three times — to the vast majority of Americans during the pandemic. …Yet House Republicans made it their first priority this year to pass legislation slashing IRS fu...
· Preventing the common situation of getting to tax-time and having a huge refund or balance due. However, times have changed. We still want folks to make quarterly payments (see my relatedIRS&Illinoisposts for how to do it online), but for the first quarter, at least, we’re asking ...
Why is my 2023 refund still being processed? According to the IRS, the agency issues most refunds within 21 days of filing online or four weeks of mailing your paper return, but a few circumstances could delay processing. Math errors or missing information are common culprits that can lead ...
In 2023, Governor Katie Hobbs included a rebate in her budget to those claiming dependents on their tax returns from 2019-2021. In February 2023 the IRS decided that, in 17 states with similar rebates, the refund would not be subject to the federal income tax. Credit: Canva Hobbes and oth...
Its not always easy to get through to a live agent at the IRS, but below are some options to try. Hopefully these help you get someone real to talk to about your refund. But just be warned you will need to try a few times, so have a drink or lots of patience handy!
However filing early can be beneficial because you get your filing done sooner (less stress) and get your refund in hand, but the IRS has saidaverage refund timesare the same no matter when you file. There are some other ancillary benefits of filing sooner like less c...
On October 19, 2023, the IRS announced a process which is intended to allow employers who were pressured or misled by marketers or promoters into filing ineligible claims for the Employee Retention Credit (ERC), but who have not yet received a refund, to withdraw their claim. This process pe...
Phishing:An email sent by fraudsters claiming to come from the IRS. The email lures the victims into the scam with a variety of ruses such as enticing victims with a phony tax refund or threatening them with false legal or criminal charges for tax fraud. ...
(IRS-CI) investigates a variety of COVID fraud allegations ranging from fraudulently obtained employee refund tax credits to falsified Paycheck Protection Program loans. To date, IRS-CI has uncovered suspected pandemic fr...
early; when you file after the IRS gets a return that carries your SSN, the IRS alerts you in writing. The agency also contacts suspected identity theft victims when their SSN matches that of a "taxpayer" who owes money or gets a refund that covers taxes due when it has no return ...