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Hurry up and wait for that tax refund

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by on
in Small Business Tax

Are you ­filing your 2014 tax return electronically or on paper? IRS Commissioner John Koskinen warned that paper filers could face delays of a week or more on their refunds.

Koskinen attributed the slowdown to budget cuts, which could lead to a longer hiring freeze; fewer resources dedicated to customer services, tax enforcement and overtime; and a possible two-day furlough for IRS employees.

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