Why you may not have received your federal tax refund yet

If you haven’t received your federal tax refund yet, you’re not alone.

The Internal Revenue Service says that continued budget cuts that have forced it to cut thousands of jobs, making it slower to process tax returns and issue refunds this year. The agency also says delays are caused by taxpayers filling later in the season.

As of April 3, some 99 million people, about two-thirds of America’s taxpayers, had filed. That’s down 0.8 percent from the same time last year, USA Today reports. But the number of returns processed so far is down 1.2 percent. READ MORE.