Friday, March 24, 2017

Last Chance to Claim your 2013 Refund

On March 1, 2017, the IRS announced that there is more than $1 billion of unclaimed Federal Tax Refunds for an estimating 1 million taxpayers that did not file their 2013 tax return.

In order to collect your 2013 tax refund, you must file your tax return by this year's tax deadline of April 18, 2017. After that date, if your 2013 return results in a refund, you will not receive the refund, but are still required to file your tax return.

Remember, there is no late filing penalty for filing a late return if you are due a refund.

Please note that if you haven't filed your 2014 and 2015 returns, the IRS may hold your 2013 refund until those returns are filed. In addition, the IRS may use the refund to offset prior Federal tax liabilities, outstanding child support, and state tax liabilities.

Don't be like many of our clients who have lost out on tax refunds!

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