Tax refunds

The Internal Revenue Service backlog is adding to long delays in processing carryback refunds of net operating losses claimed by companies during the pandemic.

What to concentrate on; Ready Return rejection; cases dismissed; and other highlights from our favorite tax bloggers.

Two leaders of Congress’s main tax-writing committee introduced legislation Friday to undo tax refund delays for recipients of the Earned Income Tax Credit who file their taxes early.

National Taxpayer Advocate Erin Collins expressed deep concerns Wednesday about the upcoming tax filing season in her annual report to Congress on the 2021 filing season.

The Internal Revenue Service expanded the transition period from 30 to 45 days to provide evidence to back up tax refund claims involving the research and development credit, while issuing new guidance.

The National Society of Accountants has sent a letter asking the IRS to speed up the refunds for 2019 and 2020 tax returns and communicate better.

Certain high-value refunds and credits get sent to the JCT for review.

Processing delays at the Internal Revenue Service have practitioners scrambing to explain missing tax refunds.

The Internal Revenue Service is planning to host events this weekend in a dozen cities to help people who usually don’t file a tax return register for monthly Advance Child Tax Credit payments.

Taxpayers won't be able to recover previously paid Medicare taxes and NIIT.

Planning for increases; this year’s bumps; better notes in meetings; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15.

Security experts are seeing a rise this tax season in phishing schemes and malware tied to hot-button subjects like tax refunds, stimulus payments and COVID-19 vaccines.

The highest median potential unclaimed refunds are in New Hampshire.

The service intends to take steps to automatically refund money starting in May and continuing through the summer.

The government has so far sent about 127 million stimulus payments to individuals and households.

U.S. taxpayers face the risk of delayed tax refunds as the agency struggles to work down a backlog of returns from last year, according to a watchdog report.

The Internal Revenue Service has decided to use its discretion to avoid reducing the size of Economic Impact Payments with tax debts owed to the federal government.

Just under a month into federal tax filing season, the IRS reported a 32 percent slide in the number of refunds sent out compared with last year, showcasing delays that have spurred Democrats to call for postponing the traditional April 15 deadline.

A COVID-wrecked economy has changed the calculus for some financial planners.