Injury victims waiting on a settlement are going to have to wait even longer to see money from their lawsuit or or injury cases.
Injured plaintiffs out of work and with no income just got hurt again. This time by the IRS.

How long until I see my 2017 tax return check?

On purpose,  IRS is delaying the income tax refunds for those who claim the Earned Income Tax Credit or the Additional Child Tax Credit. Those who filed returns early in hope of getting some quick cash will be disappointed.  For some people, especially injury victims out of money and waiting on a settlement check,  it may be the biggest check they see all year.  The delay is caused by an audit the IRS is doing to verify the identities of those who claim the tax credits. The IRS says it will start issuing deposits and check as early as February 27, 2017.
The delayed distribution with income tax refunds will certainly hurt low-income families and plaintiffs waiting on a settlement, many of who will rely on what little they have to simply pay for day-to-day items and keep up with bills, and possibly the economy. 29 million families received earned income credits, totaling more than $72 billion in 2014.  Without that tax return money, some families will cut back even further on spending until later in the year.

Waiting on a injury case settlement check?

No delays getting a cash advance on your pending settlement. If you are waiting on a lawsuit or case to settle Empire Settlement Funding can offer you a lawsuit loan (borrowing against your settlement) to hold you over.  While the IRS is delaying your income tax return money, Empire Settlement Money can give you an advance on your pending settlement check in hours.  Give Empire Settlement Funding a call today at 877-227-4458.  We don’t delay.  We have the lowest rate lawsuit loans in the  industry.

The IRS has released an official 1 minute video on its YouTube channel explaining that if you filed for the tax credits then the the law requires them to wait to issue refunds.

 

Although the IRS will be taking its sweet time verifying identities of tax returns filed in 2017, they there is a possibility that you could get it in 21 days. Getting antsy about your refund? After February 15, a you can go to the IRS’ website to check the status of your return.