February 27, 2017
“During recent years, it is quite disheartening to know, criminals now have the skills and capacity to impact our entire system and control how Internal Revenue Service issues refunds,” says Liberatore.
The IRS was barred from issuing refunds before February 15, 2017 on any returns claiming the Earned Income Tax Credit or the Additional Child Tax Credit. Congress mandated the delay to provide the IRS additional time to review returns and identify potential fraudulent claims before any refunds are issued.
According to Liberatore, taxpayers who take advantage of Earned Income Tax Credit or the Additional Child Tax Credit, will likely have to wait even longer to receive their…