The IRS handed out Child Tax Credits, Stimulus Money, Unemployment refunds and tax refunds to millions of Americans. Now, the IRS has sent out millions of Math Error Letters alerting some taxpayers that the money they received may have to be repaid. If the taxpayer can’t pay it right away, they may owe thousands in penalties and interest on top of the repayment amount.
Attorney Steven A. Leahy reports on this new IRS development.