IRS to Tighten Controls over Refundable Tax Credits

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Federal, State, Local and International Taxes – Millions of dollars in refundable tax credits that were determined to be erroneous after taxpayers received them may never be recovered by the Internal Revenue Service, but the IRS plans to clamp down on erroneous and fraudulent claims for tax breaks such as the Earned Income Tax Credit. To read more click here. Considering a Tax Professional? For no obligation free consultation contact us today!

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Published in: on October 23, 2012 at 1:59 pm  Leave a Comment  
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