The IRS plans to issue most 2019 individual tax refunds by end of 2020. The IRS has updated its “IRS Operations During COVID-19: Mission critical” website to note that it has made significant progress in issuing refunds related to 2019 individual income tax returns. As of late November, the IRS had 7.1 million unprocessed individual tax returns and 2.3 million unprocessed business tax returns. For refunds that can’t be issued in 2020 because the tax return is being corrected, reviewed or awaiting correspondence from a taxpayer, the refund will be issued as a paper check in 2021 per the IRS’s normal processes. For more information: https://bit.ly/2K6BSwM Call or visit our website for more information! www.mjscpa.com/
