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Although it ended on December 31, 2021, eligible employers may still be able to claim the tax credit by filing amended forms with the Internal Revenue Service. Due to a substantial number of improper claims, processing of amended forms claiming the Employee Retention Credit has been temporarily suspended as of September 14, 2023.
The IRS still needs to process 10.5 million individual paper tax returns this year. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
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Despite "working tirelessly" to alleviate its massive backlog of income tax returns, the Internal Revenue Service's (IRS) managing of its overall backlog plight may be worse than it claims. See ...
The IRS issued a total of $334.8 billion in income tax refunds through Dec. 29, down 6.9% from the same period in 2022. The total number of refunds was down 4.4%.
Fillable forms are available online on the IRS website, but they are complicated and taxpayers still have to calculate their tax liability. Last May the IRS announced it would make the Direct File program permanent. It is now available in 25 states, up from 12 states that were part of last year’s pilot program.
The IRS expects more than 128.7 million individual tax returns to be filed by April 15, 2024, this year’s tax deadline, and it seems like it's better poised to tackle that task this year.
The 2022 tax filing season is scheduled to begin on Jan. 24, and tax return delays are set to begin about a day later. Okay, that's probably an overstatement. But less than two weeks ahead of tax...
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