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The 2022 tax filing season is scheduled to begin on Jan. 24, and tax return delays are set to begin about a day later. Okay, that's probably an overstatement. But less than two weeks ahead of tax...
A potential shutdown at the IRS just weeks before April 15 could make it even more chaotic than usual. How another round of government dysfunction might delay your tax refund [Video] Skip to main ...
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The IRS issued a total of $334.8 billion in income tax refunds through Dec. 29, down 6.9% from the same period in 2022. The total number of refunds was down 4.4%.
As a result, the IRS implemented a consolidation plan for its paper tax return processing centers, closing five of its ten processing centers between 2003 and 2011. [34] The agency closed two more centers - one in 2019 and another in 2021 - as e-file use continued to expand.
In the weeks following the passage of the Coronavirus Aid, Relief, and Economic Security Act, the IRS attempted to rapidly disburse tens of millions of one-time economic stimulus payments, requiring code changes to the IMF and the creation of an associated online interface for taxpayers to view and update their payment information. However, the ...
The IRS announced it will officially begin accepting 2023 tax returns on Monday, Jan. 29.. But although official processing won't begin until that date, the agency said, filers shouldn't wait to ...
The reason for March 1 was not explained in the law, but was presumably to give time after the end of the tax (and calendar) year to prepare tax returns. [65] The two-week extension from March 1 to March 15 occurred after the Revenue Act of 1918 was passed in February 1919, given only a few weeks to complete returns under the new law.