Illinois has announced that it will delay tax refunds for individual taxpayers through March. As tax authorities continue to struggle over to how best prevent identity theft-related tax fraud, it’s very likely that the processing of returns and refunds will be slow – at least at the beginning of the tax season.
Read MoreDay: January 5, 2016
IRS Sends IP PIN Letters With Wrong Tax Year, Stresses It Will Not Affect Returns Filed In 2016
The Internal Revenue Service (IRS) has announced that it has discovered an error affecting Identity Protection Personal Identity Numbers (IP PIN) letters mailed out in December 2015: those letters have the wrong effective year.
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