The IRS is behind on processing tax returns, due to staff shortages and other complications. This delay could be holding up the money you were counting on to cover your bills. Many people were looking to their tax refunds to do some major lifting, according to a NerdWallet survey published in February. Among filers expecting a refund, … Continued
It’s easy for taxes to get lost in the shuffle of life during a normal year. This past year, that shuffle was intensified by the stresses of a pandemic. Thankfully, the IRS extended the deadline for paying 2020 taxes from April 15 to May 17, so people have a bit of extra time to get … Continued
Getting help from the IRS this tax season is going to be a challenge. The IRS has finally opened the 23.4 million pieces of mail that piled up after the pandemic shuttered its processing centers last spring. But the agency still has a backlog of paperwork from last year even as it ingests this year’s … Continued