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Blog & Newsroom

Posts By: Zinner & Co. Tax Team

In late May, the Internal Revenue Service enhanced the Where's My Refund? tool on their website.

This new feature allows taxpayers to check the status of their refunds for current tax year and two previous years.

In order to check their refund status, taxpayers will need to provide their Social Security number or ITIN, filing status and expected refund amount from the original filed tax return for the tax year they are checking.

Previously, Where's My Refund? only displayed the status of the most recently filed tax return within the past two tax years. Information available to those calling the refund hotline will be limited to the 2021 tax return.

Using the Where's My Refund? Tool, taxpayers can check the status of their refund within:
• 24 hours after e-filing a tax year 2021 return
• Three or four days after e-filing a tax year 2019 or 2020 return
• Four weeks after mailing a return

The IRS reminds taxpayers that the Online Account continues to be the best option for finding their prior year adjusted gross income, balance due or other type of account information.

“We encourage those who expect a refund, but requested an extension, to file as soon as they're ready,” said IRS Commissioner Chuck Rettig. “We process returns on a first-in basis, so the sooner the better. There's really no reason to wait until October 17 if filers have the relevant information to file now. Free File is still available for extension recipients to use to prepare and file their federal tax return for free.”

Electronic filing is available anytime and the IRS continues to receive returns and issue refunds. Once taxpayers have filed, they can track their refund with the Where's My Refund? tool.

This helpful tool, accessible on irs.gov or the IRS2Go mobile app, allows taxpayers to track their refund through three stages – received, approved and sent.

The tool is updated daily and gives taxpayers a projected refund issuance date as soon as it is approved.

The IRS does not recommend taxpayers call them to check on their refund status unless it has been more than 21 days since the return was filed or the tool says the IRS can provide more information.

If the IRS needs more information to process the return, the taxpayer will be contacted by mail.

For more information about checking the status of a tax refund, please visit irs.gov/refunds.

Issue highlights another reason to file and make remittance payments electronically

The Internal Revenue Service admitted it destroyed roughly 30 million unprocessed informational returns from the 2020 tax year.

The IRS announced on its website that it has suspended the mailing of automated collection notices, including balance due notices and unfiled tax return notices normally issued when a taxpayer owes additional tax, and the IRS has no record of a taxpayer filing a tax return.

A page on the IRS website reminds taxpayers to take the steps now to make the tax filling process easier in 2022.

After more than a year of work, the Ohio General Assembly finally passed legislation to legalize sports gambling in Ohio, which now awaits the signature of Gov. Mike DeWine.

As we approach the end of 2021, it is important to take a closer look at your tax and financial plans. This year likely brought challenges and disruptions that significantly impacted your personal and financial situation including the continued global pandemic, remote and new hybrid work models, supply chain disruptions and rising inflation.

Now is the time to take a closer look at your current tax strategies to make sure they are still meaningful in today’s world and to take any last-minute steps that could save you tax dollars. While looming tax law changes have not been finalized, many tax planning opportunities still exist! Here are some issues to consider as we approach year-end.

As the end of the year approaches, now is a great time for businesses to get a jump start on year-end payroll processing.

Even if you use an outsourced payroll provider, there are some things that you can do to make the year-end processing more efficient.

Zinner & Co. urges our clients who use Intuit QuickBooks Desktop for Windows to upgrade their one-time purchase license before Dec. 10.

The State of Ohio Department of Job and Family Services recently announced a new unemployment insurance tax system will go live in December.

The State of Ohio Unemployment Resource for Claimants and Employers, otherwise known as the SOURCE, will provide users with a friendly, self-service experience, tailored to meet the needs of both claimants and employers.

Over the past decade, more people have moved to electronic payments of their monthly bills and expenses.

The days of sitting down and writing checks to pay bills has quickly become a thing of the past. In fact, for many people under the age of 30, they do not know, nor have they ever had a physical checkbook!