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Millions of Americans continue to grapple with IRS delays that are preventing them from getting their tax refunds in a timely manner, according to a new report from the National Taxpayer Advocate ...
By law, the IRS cannot issue federal income tax refunds before mid-February for returns that claim the advanced child tax credit or the earned income tax credit. The IRS must delay the entire ...
Many people who claim the earned income tax credit or the additional child tax credit need to anticipate delays. The IRS said taxpayers claiming those credits can expect to get refunds by March 3.
An IRS labor shortage in the middle of tax season could be devastating for taxpayers who want fast refund checks or ... Potential IRS job cuts could delay your refund. Show comments. Advertisement.
The average federal income tax refund in 2024 was $3,138 based on IRS data through Dec. 27, down 0.9% from the same period in 2023.
The Bipartisan Tax Policy Center also found that 55% of Americans say their tax refund had a significant impact on their finances — meaning many Americans will feel the effects of a delayed refund.
One of Trump’s EOs initiated a hiring freeze at the IRS on new jobs and rescinded any job offers for IRS employees who would have started after Feb. 8. ... Trump’s Executive Orders Could Delay ...
At the end of the 2021 tax filing season, the agency held 35.3 million individual and business tax returns for manual processing. Millions of tax refunds may be delayed as IRS backlog swells ...
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