First day of season comes as IRS warns of huge delays in getting your income tax refund for 2021

THE IRS has issued a warning that 2021 tax refunds may be significantly delayed. Last year, the filing of 2020 tax returns was delayed until February 12, 2021 because the agency needed more time to test its systems and add extra programming in an effort to avoid refund delays. Meanwhile, tax returns are now being accepted by the IRS starting this week, meaning Americans can file theirs instantly. In 2021, Americans received on average $2,775 in tax refunds, an 11% increase from the previous year, according to the Internal Revenue Service. This year’s deadline is not on April 15, which… Read Full Article