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But the IRS has flagged the ERC as vulnerable to fraud, leading to delays in processing returns. The IRS is "still sitting on a backlog of about 1.2 million claims as of October 26, 2024" for ...
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...
If you receive an updated tax form or have changes after your return has been filed and processed, you need to file an amended tax return. If you are amending a tax return from the 2020, 2021, or ...
"The IRS shut its offices and stopped processing paper-filed tax returns and correspondence for several months after the onset of the pandemic in 2020," Collins stated in her report, "and it then ...
As another exciting tax season drew to a close, the IRS is now attempting to keep on top of processing 2022 returns while it works to reduce the millions of unprocessed filings from 2021. See ...
At the end of the 2021 tax filing season, the agency held 35.3 million individual and business tax returns for manual processing. Millions of tax refunds may be delayed as IRS backlog swells ...