RAL CHECKS
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HAS ANYONE RECEIVED ANY ACKNOWLEDGMENTS FROM THE IRS INORDER TO PRINT RAL CHECKS
NO ACKNOWLEDGMENTS YET BUT I DID HOWEVER DO MY FIRST RAL ADVANCE AND HAD THE CHECK IN THREE MINUTES. NEXT IRS DRAIN IS AT 6PM. LETS ALL CROSS OUR FINGERS!
I'm crossing my fingers!!!! I really dislike this feeling every year. Wonder how old I'll be before I get use to it! How did you know about the 6 pm drain?
Here's the main portion of a post I placed under a related topic. Hopefully, it will shed some light on your concerns:
If you're sending RALs this weekend, be aware of the following and be sure to make your clients aware as well. During the first weekend of the efiling season, the IRS has always intentionally slowed the efile pipeline down to QA the system before they open the floodgates. This has always meant that the IRS has not issued ACKs before at least Sunday and usually Monday. This means that the bank won't approve RALs until it receives the IRS ACKs. This slowdown has always been unique to the first weekend of the efiling season, but you need to advise clients that there's a strong probability that you won't have an IRS response, and consequently a bank response, until Monday. In the past the IRS has always announced the plans for this slowdown, and I haven't seen any such announcements so far this year so maybe it won't happen. But if it happens (and it always has happened in the past), make sure that you tell your clients that any such slowdown is universal and is not limited to your practice, and that there is no workaround (short of an ADV RAL or ADV RT).
I checked our Ack's at 10:15 PM and still did not have any. I feel that we will have them around noon on Sunday.
The ACKs have begun to flow, and so have the bank authorizations. So far this season is starting off smoothly, except of course for the "extender" returns.