House Ways and Means

Tax

Refunds Showing Up Later This Year

Liberty Tax Services' CEO Rufe Vanderpool reports that there are no abnormal delays in client federal income tax refunds at this time, but individual taxpayers continue to report delays. Carmen Gorgone of H&R Block in Reno says, "Refunds are most definitely delayed. About twenty-one days."
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Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
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Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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