March 16, 2020
As America and the world continue to combat the Coronavirus, and most major sporting, business and social events have been postponed or canceled, the IRS and Treasury still have not updated tax professionals and taxpayers about a possible change to the...
Technology March 13, 2020
Besides the obvious health benefits (e.g., fewer human interactions and possibilities for being infected), employees don’t waste time commuting, save on transportation costs and can be more productive. Plus, they are able to work at their own pace.
March 13, 2020
President Donald Trump has instructed the Treasury Department and IRS to extend the April 15, 2020 deadline for filing federal income tax returns for those affected by Coronavirus. The change is only for this year.
March 11, 2020
Such a change in the deadline for individuals to file their annual federal income tax returns would be unprecedented at the national level, although the IRS often grants such extensions to more limited geographical areas following disasters.
March 11, 2020
Our chart below offers a date based on when you filed, data from previous years, and IRS policy. While it isn't a100% guarantee, it's about 99%, and can help you estimate when you will get your 2020 IRS federal income tax refund.
March 5, 2020
While the majority of tax refunds are issued within 21 days, some may take longer. Just as each tax return is unique and individual, so is each taxpayer's refund. There are a few things taxpayers should keep in mind if they are waiting on their refund ...
March 4, 2020
Although a majority of U.S. adults (74%) opt for direct deposit when receiving tax refunds, more Millennials (17%) and Gen Xers (17%) prefer to receive a check in the mail compared with Baby Boomers (14%), per new research from ACI Worldwide ...
February 26, 2020
This simple chart shows an estimate of whey you may receive your 2020 income tax refund. Most taxpayers can get their 2020 income tax refund via direct deposit from the IRS in as little as 10-15 days if they file early.
February 24, 2020
The chart below offers a general timeline of when you should receive your 2020 tax refund, based on when you filed, data from previous years, and IRS policy.
February 14, 2020
With a surge of tax returns expected the two weeks following the Feb. 17 Presidents Day holiday, the Internal Revenue Service offers taxpayers several tips and various time-saving resources to get them the help they need quickly and easily.
February 14, 2020
The IRS issues nine out of 10 refunds in less than 21 days, and the fastest way to get a refund is to file electronically and choose direct deposit. The time around Presidents Day is a peak period for telephone calls to the IRS, resulting in longer ...
February 13, 2020
On February 10, 2020, President Trump unveiled his budget proposals for the 2021 fiscal year. Among other noteworthy items, including more resources being funneled to the IRS, the president is advocating an extension of individual tax provisions in the Tax Cuts and Jobs Act (TCJA) that are slated to be wiped off the books after...…