Priority Express Tax & Financial Services

Did you know???

Pilot Program Contribution Election
An authorized individual can make an election for a $1,000 pilot program contribution to be made to a Trump account for a child, who:

Is anticipated to be the qualifying child of the authorized individual for the year in which the election is made (see Pub. 501 for further information regarding qualifying child status);
Is born after December 31, 2024, and before January 1, 2029;
Has not had a prior pilot program contribution election processed for them;
Is a U.S. citizen; and
Has an SSN. See Valid social security number (SSN) , earlier.
The election must be made on Form 4547. For more information, including whether you can make these elections online beginning in the middle of 2026, go to trumpaccounts.gov. If your child is not eligible for a pilot program contribution, the election to open an initial Trump account must still be made on Form 4547 or, beginning in the middle of 2026, online.

Timing of pilot program contribution. The Treasury Department will make the pilot program contribution as soon as practicable after the election is made and the Treasury Department can confirm with the initial Trump account trustee that the initial Trump account has been opened. However, no pilot program contribution will be deposited in the Trump account of a child earlier than July 4, 2026.
https://www.irs.gov/instructions/i4547

Instructions for Form 4547 (12/2025) | Internal Revenue Service A lock () or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.

Good morning,

I wanted to send out an update regarding the IRS and when refunds should start paying out. I included to the IRS link for your review as well.

When to expect your refund if you claimed the Earned Income Tax Credit or Additional Child Tax Credit | Internal Revenue Service

When to expect your refund if you claimed the Earned Income Tax Credit o...
Find out when to expect your refund if you claim the Earned Income Tax Credit (EITC) or the Additional Child Tax...

If you claimed the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC), you can expect to get your refund by March 3 if:

You file your return online
You choose to get your refund by direct deposit
We found no issues with your return
However, some taxpayers may see their refunds a few days earlier. Check Where’s My Refund for your personalized refund date. Where's My Refund should show an updated status by February 22 for most early EITC/ACTC filers.

Additionally, your financial institution may need time to accept your direct deposit or issue a debit card. Many institutions don’t process payments on weekends or holidays. So, if you file early, be aware of federal and local holidays that may affect how soon you get your refund.

Why we hold your refund
By law, we can’t issue EITC or ACTC refunds before mid-February. This includes your entire refund, not just the part that’s related to the credit you claimed on your tax return.

If you claim the EITC or ACTC, we may need more information from you about your return. If we do, we will send you a letter.

How to track your refund
Check the status of your refund:

Your Online Account
Where's My Refund?
IRS2Go app