Check out this additional information about the IRS unclaimed refunds in North Carolina.
IRS Unclaimed Refunds In North Carolina
The IRS has $1 billion in IRS unclaimed refunds, with $29 million in North Carolina alone. To claim your IRS unclaimed refunds, you need to file your 2020 tax return by May 17, 2024.
If you don’t file by then, you lose the IRS unclaimed refunds. You can request key documents from employers or use the Get Transcript Online tool on IRS.gov to help with filing and claiming the IRS unclaimed refunds.
It’s better to file for the IRS unclaimed refunds early to avoid interest and fines. Additionally, keeping track of important tax deadlines and staying organized with your financial documents can help streamline the filing process.
Remember to double-check all information before submitting your tax return to ensure accuracy and prevent any potential delays in receiving your IRS unclaimed refunds.
According to a published article by SmartNews, taking proactive steps now can help you avoid future time-consuming and stressful situations.
Felony Tax Charges
In a published article by WCNC, the executive director of the nonprofit A Place for Heroes in Mecklenburg County, Terri Howard, has been arrested on felony tax charges.
She is accused of illegally obtaining a tax refund of $217,817.44 by filing fraudulent forms claiming it was paid in sales tax for the nonprofit when the North Carolina Department of Revenue says it was never paid.
Howard has been charged with two counts of obtaining property by pretenses and is currently under a $50,000 bond, with a court appearance scheduled for April 8.