IRS faces historic backlog: Explaining refunds, credits, stimulus payments, and direct deposits

The Internal Revenue Service is a mess right now. Not because of any insidious plot to keep money away from Americans who filed their taxes on-time or are eligible for tax credits, but because the IRS has been handling distributing payments throughout the coronavirus pandemic. Several rounds of stimulus checks, advances on tax credits like … Continue reading IRS faces historic backlog: Explaining refunds, credits, stimulus payments, and direct deposits