You Searched For "tax refund delays" and got 20 results
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4 mins read
The IRS is wildly understaffed, and it could make for a hellish tax season
Between mountains of paper and tens of millions of backlogged phone calls, the IRS already has its …
Juliana Kaplan,Joseph Zeballo…
3 mins read
The IRS is about to pay out billions in interest to Americans still waiting on refunds
The tax code gives the IRS 45 days to process returns and pay a refund. If it doesn't, the agency h…
Juliana Kaplan,Dominick Reuter
4 mins read
Meet a Wisconsin mom waiting on nearly $6,000 the IRS owes from her 2020 return and child tax credits: 'The worst thing about this is that there's no communication'
Without a tax return, Rachel Cannistraro, hasn't received the monthly checks for parents that start…
Juliana Kaplan
2 mins read
The top IRS watchdog looking out for taxpayers says the agency is 'in crisis' and buried in paper — and that she's worried about long refund delays for 2022
Senate Democrats are eyeing ways to beef up the IRS before the April tax-filing deadline or extend …
Juliana Kaplan,Joseph Zeballo…
2 mins read
Parents and lower-income Americans should expect thousands more on their tax returns this year — but the refunds won't come until March even if you file early
Families can get up to $1,800 per kid within weeks, the IRS said. Lower-income families can get mor…
Joseph Zeballos-Roig,Juliana …
2 mins read
The IRS is swamped with 35 million unprocessed tax returns, meaning people will have to wait longer for refunds
The IRS's shrinking budget - along with new responsibilities like stimulus checks and child tax cre…
Joseph Zeballos-Roig,Juliana …
3 mins read
Some taxpayers waited 6 months or more for their refund checks in 2022, as the IRS still chips away at its mountain of paper
The IRS continued to struggle with a pile of unprocessed tax returns in 2022, but things will proba…
Juliana Kaplan
2 mins read
You might pay less in taxes for 2023 because of inflation
If your salary hasn't kept up with skyrocketing prices, you might find yourself in a new tax bracke…
Juliana Kaplan
2 mins read
Over 16 million taxpayers from states like California should hold off on filing their taxes because of extra stimulus checks, the IRS says
Many states handed out checks and rebates to help ease the sting of inflation. Now, that means that…
Juliana Kaplan
1 min read
The IRS is moving to issue refunds for Americans who paid taxes on $10,200 in unemployment benefits last year
IRS Commissioner Chuck Rettig says the agency is aiming to provide refunds so some people don't hav…
Joseph Zeballos-Roig
2 mins read
Ron Wyden says Republicans trying to find who gutted the IRS are like 'the guy in the hot dog suit, swearing up and down that they're trying to find the guy who did this'
Wyden was referring to the famous Hot Dog Car sketch from the Netflix series "I Think You Should Le…
Juliana Kaplan,Joseph Zeballo…
2 mins read
A historically underfunded IRS is preparing for a rough tax season and only has 1 person for every 16,000 calls it gets
Many Americans rely on tax refunds, but those checks might be delayed this year. Part of the proble…
Juliana Kaplan,Joseph Zeballo…
2 mins read
Americans could do taxes for free in just minutes — like other countries — but the IRS has been 'starved' of resources, the Treasury says
The IRS is severely underfunded. Workers open paper returns by hand, causing year-long delays. Mean…
Joseph Zeballos-Roig,Juliana …
3 mins read
TurboTax and H&R Block customers face delays on $10,200 unemployment tax break in stimulus
The stimulus plan includes a tax break on the first $10,200 of unemployment benefits, but TurboTax …
Ayelet Sheffey
2 mins read
Top tax policy Democrat says Republicans want to keep the status quo so only 'little guys' get audited but 'billionaire friends' get off scot-free
"By attacking the IRS, Republicans are helping high-flying tax cheats get away with breaking the la…
Juliana Kaplan
3 mins read
Veterans benefits, Social Security and Medicare payments, and SNAP could be among the first federal programs at risk if the US defaults in 10 days, a new analysis says
The Bipartisan Policy Center found the US might not be able to afford major federal programs if Con…
Ayelet Sheffey
5 mins read
The government is sending up to $300 monthly checks to families with kids starting today. Democrats want to make it permanent as a new form of Social Security.
The Biden stimulus benefit is the US's inaugural version of guaranteed income geared to children. M…
Joseph Zeballos-Roig
2 mins read
Nearly 7 million tax returns haven't been processed by the IRS because of stimulus changes
Lawmakers requested the IRS extend the tax filing deadline and remove the requirement to file amend…
Ayelet Sheffey
2 mins read
Deadlines for tax returns deferred— and other tax reliefs announced by Nirmala Sitharaman
As people face layoffs and drastic change in working environments amid the coronavirus lockdown in …
2 mins read
A student-loan company's 'abysmal servicing' for public servants requires a federal investigation, a Democratic lawmaker says
Sen. Menendez asked the CFPB to investigate MOHELA, a student-loan company that manages all account…