The IRS released a relatively LARGE amount of refunds today. Many of these items were related to old refunds. For the rest of the week, we expect the IRS to release smaller amounts of refunds. As of today, looking...
The IRS released a relatively small amount of refunds again today. We expect the IRS to release a larger amount on Tuesday. On Tuesday, we expect the IRS to pay a larger number of the older refunds. As of...
Now that the IRS has caught up and has released many of the refund it delayed as a result of its nationwide computer problem earlier this month, we expect only a small number of refunds to be released by...
WASHINGTON — Refunds totaling more than $1 billion may be waiting for one million people who did not file a federal income tax return for 2008, the Internal Revenue Service announced today. However, to collect the money, a return...
Like yesterday, the IRS is today again releasing some of the older refunds that had been delayed due to the nationwide computer problems at the IRS. Prior to today, up to 40% – 50% of the refunds for taxpayers...
Estimates are that about half of all taxpayers who filed between 2/2 and 2/7 across the nation have not yet had their refund released by the IRS. Last week, we reported that the IRS “Where’s My Refund” was not...
Current estimates are that about half of all returns filed between 2/2 and 2/7 have not yet been released by the IRS to a nationwide IRS computer problem. The refunds released today by the IRS included only a small...
IRS Tax Tip 2012-21 The Earned Income Tax Credit is a financial boost for workers earning $49,078 or less in 2011. Four of five eligible taxpayers filed for and received their EITC last year. The IRS wants you to...
January 31, 2012 – IRS Releasing Refunds from the Nationwide Delay Refunds that were delayed by the IRS due to IRS nationwide computer problem that occurred last week are now being released. ERC checks related to these refunds are...
Due to problems at the IRS, the first batch of refunds to be released by the IRS under its “weekly” schedule is MUCH smaller than expected. According to sources, new filters at the IRS have caused over half of...
The IRS has opened its filing season successfully this month, and refunds have started going out to many taxpayers. As with the start of any tax season, there are system validations that occur requiring some fine-tuning of our systems....
IR-2012-03, Jan 5, 2012 WASHINGTON — The Internal Revenue Service today released new proposed guidelines designed to provide relief to more innocent spouses requesting equitable relief from income tax liability. A Notice proposing a new revenue procedure, posted today...
Many taxpayers and their tax professionals claiming the newly-expanded adoption credit are slowing down their refund by failing to include required documentation, such as an adoption order or decree, with their return. If you do not attach all the...
Recommends e-file, Direct Deposit to Avoid Future Delivery Problems WASHINGTON — In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123...
PA-33-2011, Sept. 13, 2011 PHILADELPHIA — Victims of Hurricane Irene that began on Aug. 26, 2011 in parts of Pennsylvania may qualify for tax relief from the Internal Revenue Service. The President has declared the following counties a federal...
With the summer wedding season in full swing, the Internal Revenue Service advises the soon-to-be married and the just married to review their changing tax status. If you recently got married or are planning a wedding, the last thing...
If you earned income in the last few years but you didn’t file a tax return because your wages were below the filing requirement, the Internal Revenue Service may have some money for you. The IRS also has millions...
Summertime is a popular time for people with children to move since school is out. Moving can be expensive, but the IRS offers 10 tax tips on deducting some of those expenses if your move is related to starting...
The Internal Revenue Service has some important information to share with individuals who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may qualify to exclude...
While the majority of Americans get a tax refund from the Internal Revenue Service each year, there are many taxpayers who owe and some who can’t pay the tax all at once. The IRS has a number of ways...