The IRS is hopeful that we will get off to a smooth tax season. Individual efiling starts today. We help our clients manage expectations when it comes to refunds.
IRS is promising 21 days for refunds, but if there is something flagged that will need someone to look at it, count on at least 6-10 weeks.
Several will not have refunds as large as last year due to Advance Child Tax Credit Payments. You need your letters from the IRS to verify amounts.
EIP 3 stimulus payments must be accurate to avoid delays.
See our last post on what to do if you are missing something. If you need help with your taxes, contact us at 505.325.7250!