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DES PLAINES, IL, February 01, 2023 /24-7PressRelease/ -- The Internal Revenue Service has acknowledged that the processing of 2022 tax returns and the issuing of refunds will be delayed. Pandemic-related personnel issues have plagued the agency since 2020, significantly lengthening the time it takes for taxpayers to receive their refunds.
"Millions of families depend on their tax refunds to pay their holiday-season bills or to make a long-awaited purchase," says AmeriCash Loans Regional Manager Lisa Phillips. "At AmeriCash Loans, we want to make sure they can still do so—even if they have to wait extra months for the IRS to send their refunds."
The easy answer to delayed refunds
Many taxpayers plan on receiving their federal tax refunds within 21 days, but the IRS has warned taxpayers not to bank on getting their refunds by any specific date when they file their returns in 2023.
The IRS website cautions that if you file on paper, it may take six months or more to process your return.
"Many families have pressing financial needs and can't wait that long," Lisa notes. "So we make it quick and easy to get an installment loan up to $2,500. People can pay down their bills, take advantage of post-holiday sales and get the year started as they intended."
Customers can apply for an installment loan from AmeriCash Loans both online and in store, at convenient locations in Wisconsin, Missouri and South Carolina.
Helping household budgets in times of stress
In 2022, approximately two-thirds of individual taxpayers were entitled to refunds, and the average refund amount was nearly $3,200.
"That's an amount larger than most people's typical paycheck," says Lisa. "Tax refund delays can put severe pressure on household budgets. AmeriCash Loans is here to ease that stress and provide the cash these families need, when they need it.
"What's more, our innovative 'Your Money, Your Choice' feature puts our customer in charge of where and when they receive their funds," Lisa continues. "Our customers can have their cash deposited directly into their bank account the same day they apply."
Reliable and responsive
"We're the dependable resource for families that need cash in a hurry," concludes Lisa. "And we want to make the entire experience easy for them. That's why our application process is simple, and why our installment loans have no penalties for prepayment. When our customers finally do receive their tax refunds, they can pay off their loan on the spot."
About AmeriCash Loans
AmeriCash Loans, with online and in-store convenience in Wisconsin, Missouri and South Carolina, offers financial services including installment loans up to $2,500, with a quick application and approval process.
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