Money News Today That Matters Tomorrow
Many American taxpayers are again asking this year why it is so hard for them to call in and get through to a real IRS agent. The answer is simply these agents that provide telephone assistance to taxpayers have too much on and there aren’t enough …
[Latest Update] The IRS has announced that it cannot finalize processing of tax refunds before mid-February for taxpayers who claimed the EITC/ACTC, per the PATH Act. They have however stressed that taxpayers should not expect refunds to be available in bank accounts or on debit cards until …
This time of year I get a lot of questions on when the IRS will allow people to file their taxes and when (if applicable) refunds will be paid. For the 2016-2017 tax season the IRS e-File (online tax filing) system will open on Monday, January …
[Updated with latest refund details] As of April 13th, the Internal Revenue Service (IRS) has said it has received more than 115 million tax returns, with more than 95% of those returns filed electronically and over 80% of those returns resulting in refunds. The IRS generally receives over …
[Updated for current Tax Year] There is a lot of focus around this time of the year on folk’s federal IRS tax return, but just as many people need to worry about one or more state tax returns. Every state varies with their local tax …