Tax Refund Myths and Facts: Important Tax Return Update
October 13, 2021
1. Many taxpayers are still waiting to receive their 2020 Tax Refund due to unprecedented processing delays at the IRS and not at eFile.com. Details on the IRS Refund processing delays.
2. All of these sobering facts are no consolation if you, as an individual taxpayer, have not yet received your 2020 Tax Return Refund in 2021.
• Myth: A tax refund is always free IRS money a taxpayer gets with a tax return. Details.
• Myth: A tax refund is the result of sophisticated tax software or a tax professional’s planning.
• Myth: A tax refund amount can never be controlled or avoided by a ta...