Friday, March 2, 2012
TAX REFUND DELAYS
The Internal Revenue Service is providing an update on the status of the tax refund delays that plagued the agency this season.
In late January, the IRS sent an email to us tax professionals warning that tax refunds could be delayed a week this tax season because of new anti-fraud safeguards. The IRS had fine-tuned its identity theft filters to prevent the growing trend of tax refund fraud. Many taxpayers who wrote to have said that they were experiencing much longer delays than a week.
The IRS also had problems with its “Where’s My Refund" tool giving a different date whenever taxpayers checked up on the status of their refunds, and last month the page told many taxpayers that it had no information on the status of their tax refunds.
Posted by Legal Disclaimer: at 9:03 AM