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IRS updates taxpayers on receiving direct deposit

Posted on AllSides April 3rd, 2024
From The Center

The Internal Revenue Service (IRS) has reminded taxpayers they can select direct deposit to speed up their tax refund. With the April 15 tax filing deadline less than two weeks away, the IRS has urged anyone who still needs to return their taxes to do so electronically, meaning they can receive their refund within 21 days. According to the IRS, direct deposit is the most commonly used method of receiving a tax refund, with eight out of 10 taxpayers getting their money this way. "Combining direct deposit with electronic filing...

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