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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 ...
This year, taxpayer headaches included resolving self-reported identity theft cases, social-media-driven tax schemes, delays with amended returns and other tax-related paperwork, and more than 1 ...
The 2025 tax season officially kicked off on Monday, when the Internal Revenue Service began accepting and processing individual income tax returns at 9 a.m. This means that you could be more ...
At the end of the 2021 tax filing season, the agency held 35.3 million individual and business tax returns for manual processing, a 230% increase from last year when 10.7 million returns were ...
Many people did not face delays. More than 85% of individual taxpayers e-filed their federal income tax returns, according to the new report, and they either received the refunds they claimed or ...
Note that it’s taking the IRS longer to process paper tax returns that are mailed due to COVID-19 mail processing delays. The agency asks that you do not file a second return or call to check on ...