Whether you're among them or just want your money, here's when you can expect your tax refund and how to track it. Should you file your your own taxes? When to consider bringing i

“The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the Tuesday, April 15 federal deadline,” reads the release. “More than half of all tax returns are expected to be filed this year with the help of a tax professional, and the IRS urges people to use a treated tax pro to avoid potential scams.”

Most filers who submit their returns digitally receive their refunds within 21 days, but paper filers will have to wait for at least four weeks for information on the status of their return, the IRS noted. You can track your refund using the Where’s My Refund tool within 24 hours of e-filing.

Tax season is slated to begin on Monday, and that means the time to file is almost here. But for those excepting a refund - the wait won't be over once the season officially begins. According to the Internal Revenue Service, most refunds are issued in less than 21 days. However, there may be delays on some occasions.

Most tax filers who submit tax returns online can expect to receive their refunds within 21 days, the IRS said. That means those who e-file on Jan. 27 may be able to get their money as early as Feb. 17. Those who file paper tax returns by mail will have to wait at least four weeks, according to the IRS.

The good news? Things are actually getting better at the IRS. The head of the National Taxpayer Advocate, a watchdog agency that observes the IRS, said in its 2024 report that “For the first time since I became the National Taxpayer Advocate in 2020, I can begin this report with good news: The taxpayer experience has noticeably improved.”

Taxes can begin being filed on January 27, but refunds could hit accounts at different times depending on choices made when filing.

As the tax season approaches, it's crucial for businesses to submit wage statements and information returns to the IRS by January 31.

As tax season kicks off, the IRS has set new deadlines for filing tax returns to ensure taxpayers receive their due refunds. These deadlines, part of the Refund Statute Expiration Date (RSED), aim to uphold transparency and compliance with tax regulations.