IRS holds $4.75 billion in unclaimed taxpayer overpayments as CBP delays tariff refunds
Due to strict filing deadlines, taxpayers who overpaid but failed to submit returns lose their right to reclaim funds, which are then locked in the IRS’s “excess collections” file.
Critics argue the agency does little to warn taxpayers of looming refund deadlines, leaving many unaware they forfeit their money.
Despite Supreme Court rulings against Trump-era tariffs, refunds may take up to 45 days to process due to technical delays in CBP’s new claims portal.
Agencies like the IRS and CBP hold onto billions owed to citizens and businesses while demanding strict adherence to tax and trade laws.
The cases highlight a broader pattern of government inefficiency and opacity in returning funds, raising concerns about accountability and fairness.
Read Full Article: https://www.naturalnews.com/2026-04-05-irs-holds-unclaimed-taxpayer-overpayments-tariff-refunds-delayed.html
