IRS

Friday, Feb. 1, 2019 (maybe) -- But more likely, Friday, Feb. 8 or 15... Probably in February, because of the changes to the tax laws this year, and because those with certain tax credits have to wait longer to protect against fraud.

Once you file and the IRS accepts your return, it usually takes about 7-10 days to get your income tax refund if you use direct deposit and you e-filed your return. However, it may take up to 21 days. This chart shows when to expect your refund.

This chart shows an estimated timeline for when a taxpayer is likely to receive their refund. If yours is delayed, use the "Where's My Refund?"tool on the IRS website - Or download the IRS2Go app to check your refund status.

So, what's the earliest a person can get their tax refund back? With all the talk about tax reform, many taxpayers are eager to get their refunds this year. Will it be higher or lower?

Effective for 2018 through 2025, the TCJA completely eliminates the Schedule A deduction for miscellaneous expenses. This change can be especially harmful to employees who pay job-related expenses out of their own pocket.

Previously, a business taxpayer could deduct 50% of the cost of qualified entertainment expenses, if those expenses were properly substantiated. This included entertainment that was “directly-related” to or “associated with” the business.

IRS issues proposed regulations on new 20 percent deduction for passthrough businesses

New data released recently by several small business and government organizations show mounting evidence that the tax law isn’t helping Main Street small business owners grow their businesses, and that most small business owners don’t understand ...