Millions of taxpayers still waiting for 2019 refunds to arrive, report says
As people get ready to either file their tax returns or receive refunds from returns already filed for 2020, the IRS is still dealing with a big problem.
Source: ksat.com
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IRS paid $3 billion in interest to taxpayers because of late refunds
Tax agency's backlog of unprocessed returns surged amid the pandemic, leading to a 50% spike in interest payments.
Source: cbsnews.com
Stimulus check: Should you file your taxes early to get more money?
The possiblity of a third stimulus payment may give families who faced financial hardship in 2020 another reason to file their tax returns early.
Source: newsherald.com
Heading into new tax season, IRS still hasn't processed millions of its 2019 tax returns
The lingering problems caused by the pandemic are significant, enough that the House Ways and Means Committee is calling for the IRS to extend the tax return deadline for 2020 tax returns beyond April 15.
Source: pennlive.com
Tax filing season begins Feb. 12. What to expect after a wild year
While IRS staffing has ramped up, the agency isn't expected to interact with all taxpayers in a timely manner. Refunds could take longer to come, too.
Source: azcentral.com