While patience may be a virtue, the Internal Revenue Service has a way of reaching a person's limits of virtuosity.
Tax season is entering crunch time — with the deadline just over three weeks away — and people who filed earlier in the window may wonder why a return is taking so long to process.
The IRS has received 1.7% fewer returns this tax season but has processed 2% fewer returns this year compared to 2023, according to Forbes.
This year's tax filing window is narrower as it opened a week later and will close nine days sooner than in 2023.
Here's why your tax return may be delayed.
The IRS says that most refunds are issued within 21 days of being received.
The Revenue Service offers the "Where's my Refund" tool where filers can check the status of their returns.
The tool updates once a day.
The IRS says that tax returns can be delayed for the following reasons:
The average tax refund issued by the IRS as of March 1 is $3,182, a 5.1% increase compared to the similar filling period in 2023. The trend may not hold as refund amounts dropped 13% between March and April, according to Barrons.
2024-12-26 10:361261 view
2024-12-26 10:182379 view
2024-12-26 10:172503 view
2024-12-26 09:461367 view
2024-12-26 09:422947 view
2024-12-26 09:212048 view
DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and stop funding it
A manhunt is underway for an Idaho prisoner and his accomplice, who police say shot three Idaho Depa
The 2024 Paris Olympics will mark a return to normalcy after the COVID-19 pandemic.And for athletes,