Millions of Americans are still waiting on their 2020 IRS tax refunds. Here is your December IRS tax refund update. You would think that by this time of year, most people would have received their tax refunds by now, but that’s just not the case. If you’re still waiting for your tax refund, I don’t have much good news, unfortunately, but watch the video anyway, since I’ll highlight some important developments and updates on the continued IRS tax refund delays.

Later in the video, I’ll go over some planning that you can do now, to get yourself ready for the upcoming 2021 tax filing season, which can help you in avoiding future IRS tax refund delays.

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Do you have questions about IRS Tax Refund Update 2021 | Can Refund Delays be Avoided Next Year? I’m an Illinois licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.

Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.

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