Tax Season 2017 is upon us and taxpayers who are expecting a refund are anxious to submit their 2016 tax forms and get their refund check in the bank. When will the IRS start accepting returns, how much will you get back, and when can you expect your refund to arrive? Continue reading…
IRS still a bit behind on tax refunds to date(one week or more for some). We are reevaluating our expected Refund Date being today(February 5th, 2016.) We know many of you have yet to see a change in your refund status.
We contacted the IRS yesterday and were told that many who filed last month will not see tax refunds until next week due to new fraud protections in place.
We will let everyone know once we have solid proof of a payout date for some January filers.
Keep watching our website for the latest IRS updates and news. Click here for more information.
The IRS announced that today January 19th, 2016 would be the first day of the 2016 IRS Tax Season. The IRS will begin officially(many people were accepted last week for testing purposes) accepting, approving, and issuing 2016 tax refunds today. We estimate many 2016 tax refunds that were accepting during the testing phase will have their 2016 direct deposit by the end of January 2016. The IRS estimates that 80% of Americans use direct deposit as their payment method. Continue reading…
The IRS announced the start day for 2015 tax return acceptance. Tax season 2016 to begin 1 day earlier than Tax Season 2015. ” when can you file taxes?” 2016 details below. Continue reading…
The Internal Revenue Service today announced plans to open the 2015 IRS tax season on January 20, 2015 and encouraged taxpayers to use e-file or Free File as the fastest way to receive refunds.
The new opening date for individuals to file their 2014 tax returns will allow the IRS adequate time to program and test its tax processing systems. The annual process for updating IRS systems saw significant delays in October following the 16-day federal government closure. Continue reading…
Americans might have to wait longer than usual to receive their tax refunds in 2015.
The IRS is waiting for lawmakers to act on expired tax provisions called extenders. If Congress fails to resolve the issue by the end of November, that could delay the 2015 tax season — and therefore push back the date when refund checks start to get cut and sent out. Continue reading…
The I.R.S is expected to start accepting 2015 tax returns as of January 23rd, 2015 per the 2015 IRS Refund Cycle Chart. This doesn’t mean that you will not be able to submit your 2014 tax return to the I.R.S before then though. All of the I.R.S. tax forms are usually available by January 5th (2015). If filing by January 23rd, 2015, check our 2015 IRS Refund Cycle Chart to see when you will get your return back. Also if you will owe taxes in 2015, this can give you an idea of the earliest date that you would need to pay them. Tax Season 2015 will begin very soon, so the time to start preparing is now. Continue reading…