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I saw an article the IRS is working on an update to their computer system where they will process returns daily rather than once a week. This is at least several years away and there are often delays in large scale computer projects.
But within five years you can expect clients to have their money within three to five days of filing. There will be no need for a RAL. Rating :
  (14 Ratings) |
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| Subject | Author | Rating | Time of Post (ET) | ||
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RALs will gone in the future
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michael971 |
 
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5-Nov-09 11:20 am | ||
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They only need to copy the Delaware model. They ha...
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traderal313... |
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5-Nov-09 12:07 pm | ||
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RALs may go away if the IRS turns things around in...
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rbotterb |
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5-Nov-09 02:56 pm | ||
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"This is at least several years away ..." (michael...
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cf20502000 |
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6-Nov-09 11:11 am | ||
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The IRS talks about faster acknowledgements, ...
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bouncingbun... |
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6-Nov-09 11:28 am | ||
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"However, the shorter refund cycle has b...
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cf20502000 |
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6-Nov-09 12:48 pm | ||
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Under MeF, prior year tax returns c...
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wishfulthin... |
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6-Nov-09 09:47 pm | ||
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"Under MeF, prior year tax ret...
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ia_ea |
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7-Nov-09 12:03 pm | ||
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I too see the error rate ...
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wishfulthin... |
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7-Nov-09 11:36 pm | ||
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"Without that first ...
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cf20502000 |
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8-Nov-09 04:03 pm | ||
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"Some of my clients made the same o...
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bouncingbun... |
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6-Nov-09 09:48 pm | ||
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"But part of it may be the fru...
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cf20502000 |
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6-Nov-09 11:07 pm | ||
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The new IRS filing system...
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too_far_in_... |
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7-Nov-09 09:50 am |
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