05/24/2021
Just a heads up as we've received several calls related to delayed tax refunds...
The IRS has approximately 31 million tax returns pulled for manual review and it's causing unusually long delays in refunds getting sent out.
Keep in mind that the IRS has been tasked with several responsibilities this year outside the typical scope of their duties, like stimulus checks, SBA grants, not to mention the mid-tax-season changes to unemployment compensation and affordable care act credits.
If you track your refund on the IRS website and it says "Your tax return is still being processed" the only thing we can really do at this point is wait.
Almost 31 million returns are being held for manual review, delaying refunds. "I depend on that money," one taxpayer says.