Monthly Archives: January 2016

State Tax Refunds May Be Delayed by Security Precautions in 2016

State Tax Refunds May Be Delayed by Security Precautions in 2016

State Tax Refunds May Be Delayed by Security Precautions in 2016.  SOME taxpayers may get their state income tax refunds a little later this year because of extra security measures aimed at preventing fraud.

Some states have warned taxpayers not to expect refunds until after March 1, regardless of how early they file their returns. The Internal Revenue Service has not issued any notice of delays in issuing federal income tax refunds for this year’s filing season, which begins Tuesday. The I.R.S. says about 90 percent of refunds are issued within 21 days. Continue reading

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Filed under Income Tax

2016 Income Tax Delay Incoming

2016 Income Tax Delay Incoming

In 10 days, the IRS will begin accepting 2015 Tax Returns. This is exciting news because this is one day earlier than 2015 tax season. Unfortunately due to IRS and state tax authorities, your 2016 Income Tax Refund will most likely be delayed. Continue reading

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Filed under IRS, Tax Delay