IRS Commissioner Fired Amid Scandal; Where’s My Refund!
7 minutes read
By Benjamin K. Brenner, President
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Tax Tips & News: early
H&R Block Files Client’s Tax Returns Early Delaying Refunds
2 minutes read
H&R Block (HRB)–the largest public retail tax preparation company in the United States–has confirmed that they have filed many tax returns containing certain delayed credits too early, causing their clients refunds to be delayed. The primary issue is the Education Tax Credit which was not accepted for electronic filing until recently (February 22nd). This has prompted the IRS to send letters to HRB clients instead of their expected refunds....
Refunds Delayed For Some Low-Income Taxpayers
2 minutes read
According to a recent article, refunds are being delayed for some lower income taxpayers; especially those that file for the Earned Income Tax Credit (EITC). The primary reason for the delay is these taxpayers tend to file early, and these returns are particularly susceptible to Identity Theft & fraud. Highlights include: