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IRS Funding

2/13/2016

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With the enhancement of multiple processing systems at the IRS, most refunds are being disbursed in a timely manner, but for certain returns there may be some delays. It has come to our attention that conflicting information on when these affected refunds will actually be available may be received by your clients when visiting IRS information sources, including the IRS.gov website, taxpayer hotline and the IRS automated number. In some cases, IRS information will indicate that a deposit has been made to the bank when, in fact, it hasn't.


The IRS is aware of the problem and has indicated that they are working to resolve it as soon as possible, enabling taxpayers to receive correct information.
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    Important Disclosures


    Spencer Accounting Group, LLC does not provide investment, tax, legal, or retirement advice or recommendations in these blogs. The information presented here is not specific to any individual's personal circumstances.

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    To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.
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    These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

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    Author

    Keana Spencer is an Accountant, Entrepreneur, and Educator to her clients, with a strong passion.  Keana has over 10 years of experience and through her practice, she is a source of knowledge and strategies to her clients.

    Keana founded this website and decided and created this blog page to offer a space for those seeking knowledge to understand, however not to be confused with advice or planning strategies.

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