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Wow! The IRS Will Pay Out This Much in Fraudulent Tax Refunds By 2016

It’s tax time again. (Cue the dive under the blankets for a majority of Americans!) Though few people enjoy the process of preparing their taxes — a walk down memory lane consisting of receipt-hunting can be arduous and time-consuming — tax time is also a critical source of income for millions of Americans. According to the Internal Revenue Service, more than 80% of taxpayers wind up getting a refund. These refunds help boost retirement savings accounts, can be added to an investment portfolio, are used to pay down debt, and can even boost retail sales. This last benefit is a big help to the U.S…Read More

 

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