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hello everyone on todays IRS tax refund update were monitoring the latest developments this tax season as this week the IRS will release two massive batches of tax refunds so well take a look at that meanwhile the IRS has released its latest update on the tax season so well take a look at how things are progressing compared to last year and a major change that will potentially speed up the reviews and even audits for some taxpayers this year so well take a look at whos impacted as a result and well check in on the remaining tax return backlog from last year now starting with the latest update from the IRS on the current progress of this tax season as 26.6 million tax returns have been processed so far this year out of 28.8 million that were filed so the IRS is processing at a rate of 92 percent this year compared to 88 at this point last year already over 13 million refunds have been issued this year versus 8.9 million at this point last year also those who have already filed t