Hill's Tax & Financial Services

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The Beatles - Taxman (remastered) http://www.youtube.com/watch?v=G79-h_8AnpoThe Beatles - Taxman

New IRS rule freezes refunds without direct deposit.

Main Takeaways
🔹 A new IRS rule can freeze your refund
Starting this tax season, the IRS will freeze refunds if you don’t provide valid direct deposit information.

This change comes from an executive order to modernize federal payments.

🔹 Paper checks are no longer automatic
In past years, missing or incorrect bank info meant the IRS mailed a paper check.

Now, no check will be issued automatically. Your refund stays frozen until you update your banking details.

🔹 You’ll receive a CP53E notice
If your refund is frozen, the IRS sends a CP53E notice explaining the hold.

The notice directs you to an online portal where you must enter or correct your direct deposit information.

You typically have 30 days to fix the issue.

🔹 Delays if you don’t act
If you don’t update your info in time, the IRS will eventually mail a paper check — but only after about six weeks.

If your bank rejects the deposit, the IRS still won’t automatically send a check; you must respond to the notice.

🔹 How to avoid delays
Double‑check your routing and account numbers before filing.

Direct deposit remains the fastest method, usually within three weeks.

Refunds can also go to certain mobile apps, prepaid cards, or IRAs if they have routing/account numbers.

If you truly can’t use direct deposit, you can request a paper check waiver through your IRS Online Account.

🔹 Bottom line
Providing accurate direct deposit information is now essential, not optional. Incorrect or missing details can lock up your refund for weeks.

When is the last day you can file taxes in 2026?
The standard federal tax return due date is Wednesday, April 15, 2026. This is the last day to file your federal income tax return with the IRS and pay any tax you owe without penalties.

If you file for an extension by April 15, you can extend your filing deadline to Oct. 15, 2026, but any tax owed must still be paid by the April 15 deadline to avoid interest and penalties.

Where's my refund? Here's how to track your return
The process of seeing your tax refund status is simple.

On the IRS.gov site, taxpayers who filed their returns can see their refund status on the "Where's My Refund?" tool. To see the status, you must enter the following information:

Your Social Security or individual taxpayer ID number (ITIN)
Your filing status
The exact refund amount on your return
Once the information is entered, you will see one of the following statuses:

Return Received – The IRS received your return and is processing it.
Refund Approved – The IRS approved your refund and is preparing to issue it by the date shown.
Refund Sent – The IRS sent the refund to your bank or you in the mail. It may take five days for it to show in your bank account or several weeks for your check to arrive in the mail.

Basic Info on filing your 2025 taxes:
Preparation for filing can begin as soon as you receive all financial documents regarding your income and deductions.

The IRS has not announced WHEN they will start accepting tax returns for processing, however it's expected to be late January or early February 2026.

Where's my refund? Here's how to track your return
The process of seeing your tax refund status is simple.

On the IRS.gov site, taxpayers who filed their returns can see their refund status on the "Where's My Refund?" tool. To see the status, you must enter the following information:

Your Social Security or individual taxpayer ID number (ITIN)
Your filing status
The exact refund amount on your return
Once the information is entered, you will see one of the following statuses:

Return Received– The IRS received your return and is processing it.
Refund Approved – The IRS approved your refund and is preparing to issue it by the date shown.
Refund Sent – The IRS sent the refund to your bank or you in the mail. It may take five days for it to show in your bank account or several weeks for your check to arrive in the mail.
When is the last day you can file taxes in 2026?
The standard federal tax-return due date is Wednesday, April 15, 2026. This is the last day to file your federal income tax return with the IRS and pay any tax you owe without penalties.

If you file for an extension by April 15, you can extend your filing deadline to Oct. 15, 2026, but any tax owed must still be paid by the April 15 deadline to avoid interest and penalties.

As always, your Tax Preparer can assist you with any questions you may have.

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