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Some Tax Refunds will be Delayed in 2018

As a result of the December 2015 law the IRS will have to delay refunds on certain tax returns. If you are claiming the Earned Income Tax Credit or the Additional Child Tax Credit then the IRS cannot issue a refund to you until mid-February at the earliest. The IRS has to hold your entire refund and not just the amounts attributed to those two credits. This law allows the IRS additional time to help prevent and detect fraud.

Please consult your tax advisor on all the above information.

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