TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

2020 Income Tax Refunds

The IRS has acknowledged that numerous 2020 refunds have been held up and are still being processed, with even some taxpayers that filed at the start of the filing season still waiting for their refunds.  The IRS has clarified that some tax returns take longer to process than others, including when a return: Includes errors… [keep reading…]

Notice: IRS Advice on Uncashed Checks and Notices to Pay

You may have noticed that the Internal Revenue Service (IRS) has not cashed your check or you may have received a failure to pay notice from IRS even though you timely paid their tax due by check.  Unfortunately, if a taxpayer mailed a check, with or without a tax return, it may still be unopened… [keep reading…]

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