Billions of Dollars are Waiting to be Claimed!

    There is only a 3 year window to claim a Tax Refund. With the unique circumstances of this year, that window of opportunity has been extended to July 15. The Internal Revenue Service (IRS) estimates that unclaimed refunds for 2016 total about $1.5 Billion. These refunds can be claimed by about 1.4 Million Taxpayers.

    These refunds have gone unclaimed because the Taxpayers have failed to file their 2016 Tax Returns. They are urged to do so as soon as possible. There is no penalty to file late if you receive a refund. This year, it might be the key to getting your Economic Impact Payment (EIP). If you have not filed for a few years, you may be in this situation. It’s not too late to talk to a Qualified Tax Professional, and find out what needs to be done.

Comments

Popular posts from this blog

What is Fair in the Tax System?

What is the Educator Expense Deduction for 2023?

Beware of Employee Retention Credit Scams