Tax refunds could be delayed until March in future years to combat fraud

April 8, 2015 1:34 AM

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CLEVELAND, Ohio -- An average of $1.5 billion a year is given to thieves who file fraudulent federal income tax returns.

It's possible, largely, because the IRS generally doesn't compare information on returns to actual W-2s, 1099s and other forms before issuing huge refunds.

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