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hello everyone back with an irs tax refund update as we continue to monitor the latest developments this tax season we do now have the latest release date for the next batch of tax refunds scheduled to go out this week so well take a look at that i mean while we recap on those extended refund delays many continue to experience including some of those notices taxpayers are receiving such as the cp05 notice as well as those who filed paper returns who could see a wait time of six months while those amended returns could be waiting up to a year for their refunds the leading story of the week is that the next round of tax refunds is scheduled to be released to banks nationwide by the irs on wednesday may 4th now while most of those part of this batch will receive that direct deposit the day of some may not see it appear for an additional one to two business days if youre part of this batch and do not receive that deposit by monday may 9th then you may need to initiate a payment trace to