The IRS announced that more than $1.5 billion of unclaimed income tax refunds awaited an estimated 1.4 million individual taxpayers who did not file a 2016 federal income tax return. The IRS extended the due date for filing tax year 2016 returns and claiming refunds for that year to July 15, 2020, as a result of the COVID-19 pandemic. The IRS urged taxpayers who haven’t filed past due tax returns no later than this year’s extended tax due date of July 15, 2020 to claim refunds. However, the IRS reminded taxpayers that there would be […]
