IRS warns of "cash trap" as new federal excise tax hits money transfers abroad

💡 Tax Refunds & Tax Fees — What You Need to Know 💡 Let’s break this down simply, because it’s been a year since last tax season and a lot of people forget how this works. ⏱️ Refund timing • If your return does NOT include EITC or ACTC, refunds are typically issued within 8–21 days. • If your return DOES include EITC or ACTC, the IRS cannot release your refund before February 15. ➡️ This is an IRS rule, not a delay caused by your tax office. 💳 If you received a cash advance, here’s the order: