Your Tax Refund Might Be Delayed This Year

The video discusses the tax filing deadline, emphasizing the benefits of electronic filing due to IRS backlogs. It offers options for late filers and highlights the importance of filing electronically to avoid delays. The IRS backlog, caused by the pandemic, is leading to refund delays, especially for returns with specific credits. Taxpayers are advised to file for extensions if needed, but must be aware that it only extends the filing time, not the payment time. The video also warns about scams, noting that the IRS will never contact taxpayers via phone or email for personal information. Finally, it presents statistics on the number of returns filed and underscores the appeal of electronic filing.

What new insight or understanding did you gain from this video?