Tax refunds running ahead of last year
The Department of Revenue is processing tax refunds more quickly than last year.Posted — Updated
Needless to say, that situation made people cranky. People didn't want the state to use their money to cash-flow government operations when they had cash-flow issues of their own.
Last year, the department made taxpayers a lot happier. And the following note from Beth Stevenson, a spokeswoman at the N.C. Department of Revenue, is good news concerning this year:
"As for refunds, they are being processed and checks (or direct deposits) are going out every week. Right now we are a little ahead of last year. As of Monday, we have sent refunds to 1,244,341 refunds totaling $663,658,763.39. Last year we had sent refunds to 1,067,314 taxpayers totaling $561,073,179.12. As always we are working to issue refunds as quickly as possible, with the goal of getting out refunds that do not have errors or require review within 45 days."
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