I was accepted by the IRS on January 16 and is on the PATH message. What's the hold up and when will I receive my refund?

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You wont see your refund until after the 15th and as late as the 27th. Read up on the path act.

I think this year it might be a little later because the Path doesn't lift until midnight tonight and there is no processing on the weekend. So people may start seeing direct deposit dates on the website next Wednesday 2/20 for Monday 2/25 and then another big update next Saturday 2/23 for a ddd of 2/27

I you check WMR 2 morrow it will probably show the Path message removed and show still processing or 1 bar.

Hope this helps