IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
President Donald Trump's executive orders have raised concerns over potential delays in tax refunds during the 2025 filing ...
If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.
On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...
The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...
Many might be asking that question because their tax return has yet to be processed. On Friday, the Internal Revenue Service reported that the agency has processed 15.8% fewer individual income ...
The PATH Act requires the IRS to delay tax refunds to taxpayers who claimed the Earned Income Tax Credit (EITC) or Additional ...
For the 2023 tax season, the IRS processed 163,515,000 returns, resulting in an average refund of $3,170, a slight increase from the previous season's average of $3,145. With inflation and ...