A Scottsdale businessman who owes the IRS nearly three quarters of a million dollars and skipped town to avoid prison learned his fate on Wednesday.
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"We're seeing over 90% of taxpayers are filing electronically, which is great because that’s more efficient, more secure."
Roughly three-quarters of US tax filers typically end up getting a refund after they file their federal income tax returns.
The IRS will begin accepting 2020 tax returns on Friday, Feb. 12.
No one likes doing their taxes.
The deadline to file a 2020 tax return is April 15.
The people most likely to fall for are those who have not received an Economic Impact Payment via direct deposit.
An IRS spokesperson said even if you submit your taxes early, the IRS won't get around to them until Feb. 12. The reason? The pandemic.
This week, the IRS announced it is taking steps to reprocess payments for eligible taxpayers.