Accounting, finance, and tax tips to help you save time and money.
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Summary
The Internal Revenue Service (IRS) may slow some tax refunds this year as it grapples with staffing shortages and a backlog of unresolved returns, warns the Treasury Inspector General for Tax Administration. With roughly 2 million cases still pending and staff levels about 27 % lower, the agency faces delays even as it expects around 164 million returns before the April 15 deadline. A federal push to eliminate paper checks adds processing challenges, potentially extending wait times for filers. Taxpayers should file electronically and watch official IRS tools for status updates to avoid delays and confusion.
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