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Since 2020, the IRS has received nearly 3.6 million ERC returns, with more than 600,000 ERC applications in the pipeline totaling $230 billion in refunds paid, according to the Journal of ...
According to the U.S. Internal Revenue Service (IRS), the average refund check this year was up by 4.6% or $3,011 compared to $2,848 last year.
Still, there is a lag between when fraudulent refunds are issued and when the IRS catches the fake W-2s. The matching of documents across different departments and agencies could take a while ...
The IRS is sending letter 6475 ahead of filing their 2021 tax returns. It can help determine if you are owed more money with Recovery Rebate Credit.
The IRS lists the following issues that might extend the tax refund processing time and delay your refund: Amended return refunds take about 16 weeks. You’re filing an injured spouse claim.
An IRS investigation into Louisiana Governor and Senator Huey Long (pictured) launched by President Franklin D. Roosevelt has been cited as the first example of IRS political targeting. Use of the IRS for political targeting has been alleged as far back as the Franklin D. Roosevelt administration.
The IRS is investigating complaints from taxpayers who said the IRS 6419 letter does not reflect the accurate amount of Child Tax Credit payments.
More than 169 million payments worth about $400 billion have been sent out by the IRS since Congress passed the American Rescue Plan stimulus relief bill in March. See: Fourth Stimulus Checks ...
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