28 if taxpayers filed early, chose direct deposit and there are no other issues with their tax return.Ĭontact Susan Tompor. The IRS said earlier that it expected most Earned Income Tax Credit- and Additional Child Tax Credit-related refunds to be available in taxpayer bank accounts or on debit cards by Feb. Some of the increase in refunds could be getting back to a more normal pace in issuing refunds quickly. It's possible, Holtzblatt said, that more early filers faced delays in getting their refunds last year. Last year, Holtzblatt said, many people filed returns to tap into the expansion of the child tax credit, which is no longer in place for 2022 returns filed this year.Īt the same time, many of those taxpayers faced delays in getting their refunds under the PATH Act passed in 2015, which stipulates the IRS must withhold refunds for filers who claim Earned Income Tax Credit and the Additional Child Tax Credit tax until Feb.
Treasury Secretary Janet Yellen's priorities for the IRS focused on clearing the tax return backlog, improving customer service, overhauling technology and hiring more workers. Shawn and Carlos share their analysis, opinions, and viewpoints on just about everything. The Inflation Reduction Act, which was enacted in August, allocated nearly $80 billion over 10 years to the IRS. 81 episodes Free Press sports columnist Shawn Windsor and insider Carlos Monarrez have plenty to say, and not just about Detroit sports, but Detroit culture, news and day-to-day life. "That's good news for the IRS and taxpayers," Holtzblatt said. Some early data also indicates that tax professionals are e-filing more returns than a year ago, up 6.1%, which helps speed up the processing of tax returns and payment of refunds. She attributes some of the improvements to the hiring of more employees and the agency's efforts to work through its burdensome backlog. AllLions is a Sports Illustrated channel featuring John Maakaron to bring you the latest News, Highlights, Analysis, Draft, Free Agency surrounding the. Detroit Free Press Two of the state’s most freewheeling teams went toe-to-toe in the Michigan high school football Division 3 state championship game Saturday night at Ford Field, and it didn’t take long for Detroit King to make its mark against Muskegon. Janet Holtzblatt, senior fellow at the Urban Institute-Brookings Institution Tax Policy Center, said the early IRS statistics show tax returns are being processed more rapidly so far this year.
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