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Where’s your refund?

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in Small Business Tax

According to a new report by the Treasury Inspector General for Tax Administration (TIGTA), the IRS should delay tax refunds to improve taxpayer compliance. (Ref. No. 2014-30-023, 5/14/14).

It recommends expansion of the Delinquent Return Refund Program started in 2012. Under this program, the IRS can hold back tax refunds of taxpayers for up to six months while it examines tax returns from other years.

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