The Internal Revenue Service is providing an update on the status of the tax refund delays that plagued the agency this season.
In late January, the IRS sent an email to tax professionals warning that tax refunds could be delayed a week this tax season because of new anti-fraud safeguards (see IRS Warns of Tax Refund Delays). The IRS had fine-tuned its identity theft filters to prevent the growing trend of tax refund fraud. Many taxpayers who wrote to Accounting Today said they were experiencing much longer delays than a week.
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