Unclaimed Form 1040 Tax Refunds – Over 1$ Billion of Unclaimed Refunds from 2020
The IRS estimates that over $1 billion of federal tax refunds are left unclaimed from the 2020 tax year.
The IRS estimates that over $1 billion of federal tax refunds are left unclaimed from the 2020 tax year.
Tax refunds are slowly making their way to taxpayers. When will you receive yours?
The PATH Act is a piece of U.S. legislation which prohibits the IRS from issuing tax refunds before a certain date if the taxpayer claims either the Earned Income Credit (EIC) or Child Tax Credit (CTC). This article discusses the details...
Tax refunds for individuals may change from year to year. Many factors impact the amount of your tax refund, and this article discusses some of those factors, and why your tax refund may be lower than it was last year...
Tax refunds are on the way! An update on the 2023 tax season.
Tax season has started and is underway; however, many individuals are experiencing delays with their tax refunds.
Tax season opens this year on January 23, 2023, which is the day the IRS will start accepting electronically filed Form 1040 income tax returns for the 2022 tax year.
The IRS Letter 2645C is sent by the IRS when they receive information from a taxpayer but need more time to review the materials and process the request.
Form 3911 can be filed by individual taxpayers that are missing their tax refund checks. Taxpayers are encouraged to receive refund checks electronically using direct deposit. If a paper refund check is issued in the mail, the refund check may be lost or destroyed.
When taxpayers use tax preparation software to prepare and file their income tax returns, they often choose to have their tax refunds directly deposited into their bank accounts. The Santa Barbara Tax Products Group (SBTPG) processes the deposits for many taxpayers.