This means that the IRS has not finished processing your tax return as of yet.With the new tax laws and updates, the IRS is taking every precaution to ensure each tax return is process correctly and fully. There's no way to know when the IRS will update to refund approved. The best way to get an accurate direct deposit date is to continue checking the Where's My Refund tool on the IRS website. To track your Federal refund, visit the Where’s My Federal Refund? site here: https://www.irs.gov/refunds. Updates are made daily, usually overnight.