2024 IRS TAX REFUND UPDATE - NEW Refunds Processed, Delays, Tax Updates, Reviews, ID Verification
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2024 IRS TAX REFUND UPDATE - NEW Refunds Processed, Delays, Tax Updates, Reviews, ID Verification |
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Video From UI Vlogs 2021 |
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This Video Uploaded At 03-05-2024 12:10:00 |
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On today’s IRS tax refund update with those ongoing tax refund delays continuing for many we will take a look at the latest developments including the next round of tax refunds scheduled for release, meanwhile we will take a look at the cause of those ongoing delays including those still impacted by the 570 tax transcript code and ID verification all while the IRS continues not to publicly address those still experiencing delays even months after filing. Starting off with the latest as the next round of direct deposit tax refunds is scheduled for release on May 6th, now if you are part of this latest refund batch do allow up until May 11th for it to post to your bank account before initiating a payment trace with the IRS, and also do note that your refund status results may not always update and that it is advised for you to check your tax transcripts for the most up to date information on your current refund status. Even though it has been nearly 2 weeks since the tax refund deadline has passed, tax refund delays continue to grow as there are now over 3 million unprocessed tax returns including many of our viewers still remaining as of this recording. Now the IRS continues not to speak publicly about those tax refund delays currently impacting many of you, nor have news outlets covered much of anything pertaining to taxes even during the tax season, in many cases viewers have not been able to receive any assistance when they call the main IRS customer service number, and ongoing reports indicate the taxpayer advocate is not accepting new cases until next month. However several viewers have reached out to us to indicate they have actually seen movement on their tax return status after they reached out to their congressional representative’s office for assistance. Based on the current trend we are recommending those who have not reached out to go ahead and contact your local representative’s office for assistance.
0:00 Introduction
0:26 New Refunds
2:07 Tax Delays
3:36 ID Verification
4:33 Closing
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Disclaimer: This is for informational purposes only and is subject to change. Material provided should not be considered tax, accounting, or legal advice. Please consult a certified tax consultant for tax advice.
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