The office of New York State Comptroller Thomas DiNapoli announced that it has halted more than $21 million in “questionable” personal-income tax refunds after uncovering more than 6,300 improper filings among those filed this year.
DiNapoli’s office audits all New York state bills prior to payment, including personal income-tax refunds.
Taxpayers who claimed credits for ineligible child care, or claimed credits permitted only for low-income households, filed the majority of questionable returns, DiNapoli said in a news release.
(Sponsored)
“Borderline” Overtime Exemptions Require Careful Analysis and Precautionary Measures
Q: We have an employee who we believe is properly classified as exempt from receiving overtime under the Fair Labor Standards Act (FLSA) but it is a “borderline” case. In
10 Reasons Your Business Needs Cyber Insurance
1. Cyber crime is the fastest growing crime in the world, but most attacks are not covered by standard property or crime insurance policies. New crimes are emerging every day.
Auditors found a “significant” number of dubious refunds, or 27 percent, that were linked to dishonest tax preparers filing false tax returns, according to the state comptroller’s office.
DiNapoli’s office audited and approved nearly 4 million refund requests totaling more than $3 billion in 2013. The state is expected to pay another 271,000 refund requests totaling $303 million in the coming days.
Contact Reinhardt at ereinhardt@cnybj.com
