Search This Blog

Soto Service Enterprise, LTD

Tuesday, November 22, 2011

IRS Faulted for Adoption Tax Credit Refund Delays

The Internal Revenue Service sent the majority of claims for the adoption tax credit to auditors this year because they lacked the necessary documentation, even though it had options that could have enabled it to reduce the number of costly correspondence audits and issue refunds to parents faster while still maintaining a robust enforcement strategy, according to a new report.