Tag: <span>IRS</span>

Independent Contractors, Self-Employed and Gig Economy Workers Still Facing Long Waits to Get Unemployment Checks Under PUA and $600 FPUC Stimulus Programs

Many self-employed, independent contractors and gig workers who had been made eligible for unemployment insurance benefits under Enhanced Unemployment provisions within the CARES act are still unable to successfully file claims several weeks after the law was passed due to delays in states processing unemployment claims and completing income verification…

Stimulus Check Payment Status Updates and Latest News For IRS EIP Payments

There has been a lot of debate over the last few months on if another stimulus check payment will be made in 2022 or even in 2023 as the economy worsens and inflation takes a heavy toll on household budgets. You can see this article for a more detailed discussion, funding for…

Will Coronavirus (Covid-19) Impacts Delay my 2019-2020 Tax Refund Due to IRS Processing Slowdowns

2020 Coronavirus Tax Refund Delays (This is a live article that is updated regularly) As the Coronavirus impact widens we are already seeing major hits to the real economy that will take the US into a recession in 2020 and into 2021. While stock markets are falling rapidly (don’t panic…

It’s not a refund dummy – it is the IRS returning to you, the amount you sent to them for free

The title of this article sums up a theme from irate tax payers who complain that people should be annoyed when they receive a tax refund, not happy! The premise behind this is that a refund is basically the IRS giving you back your money that you "loaned" the IRS…

IRS tax refund 2022 and Why You May Not Be Getting Your Tax Refund Anytime Soon – System Processing and Payment Delays

5 reasons your tax refund will be delayed

Tax Season and IRS Tax Refunds Being Processed (or Not) – Latest Updates and News

Get the latest information on IRS refund processing and direct deposit schedules in this updated article. You can also see these articles for determining your IRS Cycle/Batch code and estimated deposit date via your official IRS tax transcript. The IRS expects more than 70% of taxpayers to get tax refunds…

Does IRS Tax Transcript Show My Refund Processing and Direct Deposit Date And What Does N/A Mean

Reviewing their free IRS account tax transcript is a technique a lot of folks attempt to use to get an update on their tax return processing and refund status; particularly if they are not getting information (or see no bars) from the standard WMR tool or IRS2Go refund status tracker…

Can a Taxpayer Advocate Help Get My Delayed Refund Released?

The Taxpayer Advocate Service (TAS) is an independent organization within the IRS that can help filers with tax problems they can't resolve on their own, or if they have exhausted all standard IRS channels and not getting an adequate response. Every state has at least one local TAS center that…

Answers to The Most Searched for Tax Season Questions

Common IRS Tax Questions This time of year taxes are on the forefront of most Americans personal finances. Which leads to searching online for questions like, "When can I file?", "How do I file?", "How much of a refund will I get back?", and "Why is the IRS taking so…

Why is My Tax Refund So Low Compared to Last Year?

Millions of tax filers are now getting their actual tax refunds in line with the estimated IRS schedule. Payments are also being made in a much more timely fashion than was the case over the last few years. However when they filers see their actual refund is lower than expected,…

Things to Remember At Tax Time – Your Tax Preparation Checklist

Thanks to the accounting folks at BConnect Inc, here is a straight forward tax preparation checklist that will save you time when you file with your accountant or before you start using tax software for self-filing. Tax preparation is faster, easier and more stress-free if you take a little time…

People NOW Seeing Their Tax Refunds in 2025 Plus Tips on What to do if Your Refund Has Not Yet Been Received

The IRS has announced that it is now processing tax returns for all taxpayers, including those who filed a return including those who claimed the EITC/ACTC. Unlike prior years, processing seems to be much smoother this year. The number of returns processed by the I.R.S. was down about 10 percent…

How and Where Can I File My 2023 Taxes for Free? 2024 IRS Free Filing Options and Income Qualification Threshold

When it comes to filing your taxes, there are now a lot of free options that allow eligible low- and middle-income Americans to avoid expensive tax filing fees. Most leading tax software providers provide options via the IRS’ free file program which provides free or discounted federal income tax preparation…

Do I Need to File a Tax Return? IRS Income Thresholds to File Taxes

Every year I get asked about income requirements for filing taxes when publishing tax filing due dates for the upcoming tax season. While there are other factors (residency status, claiming tax credits) that also drive if you have to file taxes or not, how much you earn (gross income) is…

Tag: IRS