Printer Friendly

IRS ISSUES CAUTION TO CONSUMERS REGARDING FLORIDA-BASED COMPANY

 IRS ISSUES CAUTION TO CONSUMERS REGARDING FLORIDA-BASED COMPANY
 NASHVILLE, Tenn., Oct. 13 /PRNewswire/ -- The Internal Revenue Service today issued a caution to consumers regarding postcard "notices" from a Florida-based company.
 The green postcards are issued by a Fort Lauderdale business called Center For Refund Services (CFRS) and give the impression that the recipient may have an unclaimed IRS refund check. A fee of $9.97 is charged by the company to receive "your Refund Services Claim Application Package and sweepstakes check."
 Complaints about the postcards have been received by the IRS, the Postal Service, and various consumer protection agencies. Arkansas Attorney General Winston Bryant has issued a notice condemning the postcards as misleading, and the U. S. Postal Service in Birmingham, Alabama has confirmed that complaints received there about the postcards are under investigation.
 The IRS notes that some of the information on the card is simply incorrect. The card states that the IRS "is prohibited from advertising names of persons having unclaimed tax refund checks." According to IRS District Director Glenn Cagle, each year the IRS advertises names, cities, and zip codes of persons having refund checks which were returned as undeliverable by the Postal Service. "The media are encouraged to publicize the list," says Cagle, "to help speed up the process of locating these taxpayers and getting their refunds to them."
 The card also refers to the shredding of unclaimed IRS refund checks in California. "What it does not explain," says Cagle, "is that while checks returned as undeliverable are commonly destroyed, those refunds can be claimed by taxpayers at any time, and a new check is issued."
 The card refers to the fact that filing an IRS refund claim requires "proper procedures." Those procedures, according to Cagle, are normally as simple as calling the IRS at 1-800-829-1040 (toll-free) and providing your name, social security number, the tax year for which you believe you are due the unclaimed refund, and your current mailing address. It then normally takes about 6 weeks to receive a new check from IRS. "There is absolutely no reason to pay for this information about these procedures when it is available free of charge from the IRS," says Cagle.
 The advice from the IRS, the U. S. Postal Service, and other consumer protection agencies is: "Don't participate." But if you do choose to complete the card and send the fee to CFRS, be aware that part of what you are paying for is information that is free to the public.
 -0- 10/13/92
 /CONTACT: Dan Boone, IRS-Nashville, 615-736-7291/ CO: IRS-Nashville; Center for Refund Services ST: Tennessee, Florida IN: SU:


CM -- CH001 -- 9137 10/13/92 09:01 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 13, 1992
Words:445
Previous Article:CUSTOMER SATISFACTION-BASED BUSINESS PLAN PROVIDES KEY TO SUCCESS FOR TOYOTA AND ITS DEALERS
Next Article:GV MEDICAL BEGINS CLINICAL TRIALS OF LASER DIAGNOSTIC SYSTEM


Related Articles
AMERICAN GENERAL RESPONDS TO WSJ ARTICLE REGARDING TAX ISSUES
IRS clarifies frequent flier ruling.
Ramco-Gershenson Properties Trust Receives Internal Revenue Service Audit Report.
IRS Urges African-Americans to Beware of Tax Refund Scams.
IRS Not Likely to Ignore This Source of Income: Transfer Pricing Pitfalls and How to Avoid Them.
GSK Receives Notice from IRS on Tax Allocation Dispute.
Progress Energy Announces Development in Audit Of Synthetic Fuel Tax Credits.
/C O R R E C T I O N -- Marriott International/.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters