Paul L. Caron

Friday, January 26, 2007

IRS Checking Inflated Telephone Excise Tax Refunds

Irs_7The IRS announced yesterday (IR-2007) Some Telephone Tax Refund Requests May Be Too High; IRS Will Deny Improper Requests:

The IRS said today that early filings show some individual taxpayers have requested large and apparently improper amounts for the special telephone tax refund. The IRS is investigating potential abuses in this area and will take prompt action against taxpayers who claim improper refund amounts and the return preparers who help them.

See Associated Press coverage.

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