Jan 6, 2021 -
The IRS is experiencing problems with the second round of Economic Impact Payments (EIP). ACH payments (electronic payments) that went to roughly 13 million temporary accounts used by tax preparers, and payments to closed or inactive bank accounts will have to be returned.
While we don’t have any additional information from the government at this time, we can share the IRS’ statement re. EIPs found at the following link:
https://lnkd.in/gDRdnYc
We’re focused on keeping you updated as more information is provided.