March 19, 2015 Paul Glantz, CPA

IRS still holding over $1 Billion in federal tax refunds

With the April 15, 2015 individual tax deadline rapidly approaching, I want to remind everyone that your 2014 taxes aren’t the only returns you should be thinking about. If you neglected to file your Form 1040 from the 2011 tax year,  the final deadline to file for a refund is also this April 15th. After this date, the money will become the property of the U.S. Treasury.

The IRS released a notice that they are holding over $1  billion in federal tax refunds, this is money that belongs to the taxpayer and you could be missing out on your last chance to collect! Some people are under the assumption that they didn’t make enough money to file, others are students or part time employees, either way, you may still may be entitled to a refund.

For more information please contact Paul at paul@launchconsultinginc.com

or visit the IRS website for the official press release.

 

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About the Author

Paul Glantz, CPA Paul Glantz is a Certified Public Accountant licensed in both Texas and New York. Paul has an extensive background in public accounting with a specific focus on individual, fiduciary, and business taxation. Paul currently resides in Austin, Texas.