It has been brought to our attention the IRS is issuing refund checks related to quarterly payroll tax returns in error to clients. These are resulting from the failure of the IRS systems to correctly apply payments into the proper quarters.
In the event you receive a refund from the IRS, please contact our office BEFORE you deposit the check into your bank account. Once the check is deposited or cashed, if the refund is in error, you may be subject to penalty and interest in the event where the funds must be repaid to the IRS.
If you have any questions, please contact us.