During last year’s extended Tax Return season it was discovered that for various reasons the IRS was greatly backlogged in completing returns. Given that some 2/3 or more tax returns have refunds one can imagine the disappointment in a delayed return of one’s hard earned work.
At the time it was believed there were about 26 million tax returns that were behind … we even wrote about it here, this recent Washington Post article gave updated numbers just as of late that the IRS is some 24 million tax returns behind STILL ! Yikes…
Given this fact with a small sample size of folks that have filed their returns already it has been about a two week turn around for electronically filed returns to get their refund.
We will keep you posted on this but for those of us that are getting a refund we will watch closely on the corrected 1099’s and may error in allowing everyone to file their returns sooner rather than later so as not to get into the great delay!
Interesting Technology Discovered During Internet Repair
Those of you with good memories may recall that last week before the long weekend the Casa was without Internet.
Upon return to the home from being out of town over the weekend the Internet was still absent. An hour and a half later the repair was complete and the most interesting discovery of technology occurred. During the call the technician rather than scheduling someone to come out to the house in a day, a week, or two weeks, he asked me to download a quick app on my cell phone click on a text that he sent … turn on my camera and my phone became a live lens back to the technician.
Yes 90 minutes is a long time to be on the phone with a technician … not unexpectedly, but what a terrific quick repair was made especially given the nasty weather we have had here in the South this week!
Sure love that technology when it works, not so much when it doesn’t!
Ahhhhhh today is a Friday, and you guessed it, the wireless Mic was in action again and a failure of keeping this post short was again the result!
Will try to do better, enjoy your weekend, talk next week!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.