IRS Sends Waitress $434,712 Tax Refund

Well, no one can say the IRS doesn’t take pity on people occasionally.  Instead of the $754 refund a waitress was expecting, she got over $434,000!  See the article in Accounting Today by Michael Cohn:

http://www.accountingtoday.com/news/IRS-Mistakenly-Sends-Waitress-Tax-Refund-62835-1.html?ET=webcpa:e2572:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_060412

Well at least they didn’t say she owed $400,000.

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