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Here’s why your 2024 tax refund may be delayed, who can get filing extensions from IRS. ... The local IRS tax office in Fort Worth is also open Monday through Friday from 8:30 a.m. to 4:30 p.m ...
According to the IRS, more than 90% of tax refunds are issued in less than three weeks — although the IRS is quite a bit behind that pace in 2024. ... “It may result in a slight delay, but the ...
An understaffed IRS could add more delays to the already complicated and bogged-down tax filing system. The agency says most individual refunds are processed within 21 days when filed online, but ...
The average refund amount was $1,395 as of Feb. 2, down 28.9% from $1,963 for the same period last year, the IRS reported. That’s based on nearly 2.6 million refunds disbursed so far versus 7.9 ...
How much is the average federal tax refund for 2024? The average refund issued through March 1 was $3,182, according to the IRS release . Last year at this time, refunds averaged $3,028.
The Tax Relief for American Families and Workers Act of 2024 includes a trio of business deductions that could impact 33 million small businesses and an expansion of the child tax credit, which ...
As of April 2024, the Internal Revenue Service had refunded roughly $245 billion to American taxpayers. With a larger standard deduction for the 2025 tax filing season, refunds may be even larger ...
“The IRS has seen thousands of dubious claims come in where it appears taxpayers are claiming credits for which they are not eligible, leading to refunds being delayed and the need for taxpayers ...