Reasons Why You May Not Have Received Your Tax Refund Yet
There are only two reasons why you may have not received your tax refund yet: You were late filing, or there is a discrepancy on the Internal Revenue’s Services (IRS) part. Both of these reasons will prompt some sort of action from you.
When it comes to matters with the IRS, there is no finger pointing—even when you’re not at fault. It is your responsibility to follow through and make sure that things are moving along accordingly. If you’ve hired someone to file your annual taxes, it’s still your responsibility to see to it that they are filing your paperwork in a timely manner. The last thing you want to do is hand over your time-sensitive documents along with your hard-earned money and walk away!
Discrepancies That Might Cause Delays
As efficient and particular the IRS has a reputation of having, some things may still have a tendency to get caught in the cracks. Don’t let your filing be one of those cases! Anything can cause a delay in processing your annual refund. As minor typos, missing information, the wrong address—anything can delay the filing process immensely.
Understanding How the Filing Process Works
One thing you must take into consideration is that while the IRS entity is huge, there are tax preparers who are handling a massive amount of tax filing cases. So when one needs to be set aside because of a discrepancy, the tax preparer will just continue on to the next tax filing case, and so forth until, eventually they get back to the pile of cases that had missing or questionable information. This can take anywhere from weeks to months and oftentimes, this will depends on you. If you call them, the IRS representative will be forced to address your case immediately. The IRS will contact you by phone when they need to discuss your annual tax return with you. The sooner you comply, the sooner you the process moves along.
Delays in processing your tax refund can be attributed to why you haven’t received your refund yet. Delays can often result in late filing, thus a late tax return mailing or deposit. The IRS can even make mistakes, but here again, this is why it’s important to follow-through with your tax return process whether you’re filing it yourself or hiring another party to do it for you.
Don’t Delay Your Tax Filing Process
Success Tax Relief, a tax relief firm in LaPorte, Texas, specializes in tax debt relief services. We have been in the business of helping taxpayers get out and stay out of tax debt. We also help businesses establish a good line of credit even if banks might find their personal credit questionable. We have been in the tax relief business for over 30 years and are confident that we have what it takes to solve any tax issues you may have.
If you have any questions regarding other reasons why you may not have received your tax refund, contact Success Tax Relief today for a consultation online right now!