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September 23, 2021
2021-1722

IRS launches new website providing information on refund cases subject to JCT review

The IRS has announced (IR-2021-192) its launch of a new webpage where additional information will be provided for taxpayers whose large refunds are subject to further review by the Joint Committee on Taxation (i.e., refunds or credits of $2m or more for individuals and $5m or more for C corporations).