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Tax refund delays still plague millions of Americans, report says ... The IRS is "still sitting on a backlog of about 1.2 million claims as of October 26, 2024" for returns that claimed the ...
For taxpayers who filed the credit through a return (Form 941-X, 943-X, 944-X, CT-1X) but haven’t received a refund or haven’t been told their application is under audit, they can sign and ...
The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3]
Taxpayers can largely expect their tax refunds to arrive two weeks after they file their federal returns — as long as they file the right way and without errors. Tax refund calendar: Here’s ...
President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may have an impact on your tax refund.One of Trump’s EOs initiated a hiring ...
The survey of 1,000 U.S. adults also found, "of those who depend on their refund to make ends meet, nearly half (45%) say it’s because of the rising cost of living and necessities (i.e. housing ...
2025 Tax Dates. Deadline. Jan. 15, 2025. The due date for your estimated tax payments for the 4th quarter, including income you earned from Sept. 1 through Dec. 31, 2024.
IRS is still processing a backlog of 1.7 million tax returns from 2019, some that require refunds. Many taxpayers are still waiting to get last year’s tax refund [Video] Skip to main content