IRS Is Taking Longer to Clear Tax-Exemption Applications.This article reports on the longer waiting time for the processing of an application for tax-exempt status at the U.S. Internal Revenue Service.HermanTomEBSCO_bspWall Street Journal Eastern Edition...
Did you make a mistake on your tax return or realize you missed out on a valuable tax deduction or credit? You can file an amended tax return to make the correction. Filing an amended tax return with the IRS is a straightforward process. This article inc
Jan. 27. The Internal Revenue Service says it expects more than 140 million individual 2024 tax year returns to be filed by the April 15 deadline. IRS Commissioner Danny Werfel, who could be overseeing his final filing season if incoming president Donald J. Trump follows through on his plans...
Arecent noticefrom the IRS said that some people may experience a longer than average wait for their payments. That may especially impact tax returns that need a correction due to changes made by the Recovery Rebate Credit — a tax credit adjustment for people who were owed more stimulus money...
Delays in processing refunds have continued into this tax filing season, with millions taking longer than the typical 21 days, according to theNational Taxpayer Advocate. Calls going unanswered As taxpayers wait for their refunds and stimulus payments, they have made nearly 46.3 million phone ca...
The table below shows key dates and events for filing tax returns and paying taxes with the IRS. You can jump to FAQs and past tax year schedules in the sections below. 2025 Tax Filing Schedule for Returns & Extensions The IRS will likely start processin
"The IRS cautions taxpayers not to rely on receiving a 2022 federal tax refund by a certain date, especially when making major purchases or paying bills," the agency said. "Some returns may require additional review and may take longer." ...
GAO: IRS Must Document Key Components in AI ‘Tax Gap’ Pilot The Government Accountability Office (GAO) is asking the IRS to take steps to document its use of AI technology in a new pilot the agency is taking to explore the “tax gap” – which represents the difference in the amount ...
Why is it taking so long to get my tax refund? To understand why processing has been delayed you need to understand therefund process. It starts with the submission of your final tax return. After your tax return has been accepted by the IRS (return received) they will start processing it...
Nearly a quarter of taxpayers who owe money expect to go into debt to pay the IRS.. Tax season officially begins today, as the IRS starts acceptingindividual tax returnsfor tax year 2023. Three-quarters (75%) of filers expect a refund, according to anew survey from Intuit Credit Karma, ...