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Does The IRS Have Your Money? Nearly $1 Billion In Old Tax Refunds Outstanding – Forbes

March 11, 2016 wpanews 0

Does the IRS have your money? Nearly $1 billion in tax refunds will expire if taxpayers don’t claim their money by Tax Day. If you are due a refund, you must file a federal income tax return in order to get your money. You typically have a three year window following the return due date to claim your tax refund. To claim your refund for the 2012 tax year, your […] READ MORE

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(bloomberg) – Coca-Cola Says IRS Is Demanding $3.3 Billion in Taxes Following Audit

September 19, 2015 wpanews 0

Coca-Cola Co. received notice from the Internal Revenue Service that it owes about $3.3 billion in extra taxes, plus interest, becoming the latest global company to clash with the agency over profits booked in foreign countries. The IRS’s move follows an audit of the tax years 2007 through 2009, Coca-Cola said in a regulatory filing posted Friday. The IRS hasn’t demanded any penalties, and the beverage giant said it believes […] READ MORE