The IRS will begin to release EITC/ACTC refunds starting Feb. 15; these refunds likely will not reach taxpayers until the week of Feb. 27.
“The IRS cautions taxpayers that these refunds likely won’t arrive in bank accounts or debit cards until the week of February 27 – if there are no processing issues and the taxpayer chose direct deposit,” the info sheet added. “Urge taxpayers not to count on getting the refund by a certain date to make major purchases or pay bills. Even though the IRS issues most refunds in less than 21 days, it’s possible their tax return may require additional review and take longer.”
The agency has especially warned filers for the above credits of possible delays in issuing refunds this season.
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In the giving of ourselves we reach out as dedicated career accountants, determining our worth by the success of our clients. We listen, we care, we're committed.
These are uncertain times, but with challenges come opportunities. This isn't an environment that you should navigate alone, nor is it a time when just any firm can help you.
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Here at Yarmak & Co., we consider ourselves the "non-accountant" accounting firm, always challenging ourselves to think out of the box. You will not receive pre-packaged advice from the team at Yarmak & Co. What you will get is a well thought out, specific plan to help you meet your needs.
We specialize in working with individuals and small business owners. We are an all women accounting firm that provides tax preparation, bookkeeping services, complete payroll services, business consultation and tax planning. The dedication, insight and attention to detail of our staff not only meet, but often exceed our client's expectations. Every client gets the personal involvement of a team of experienced professionals.