Rev & Tax reminds filers to follow the law - KUAM.com-KUAM News: On Air. Online. On Demand.

Rev & Tax reminds filers to follow the law

Posted: Updated:
 by Ken Quintanilla

Guam - Approximately $1.3 million in tax refunds were mailed out today. The Department of Revenue & Taxation processed the checks for more than 300 taxpayers that covers all Status-A and error-free tax refunds filed up to January 16.

In the meantime, while over 10,000 people have since filed their refunds so far, DRT deputy director Marie Benito wants to remind both individual and corporate taxpayers to make sure they're following the tax laws, telling KUAM News, "We wanted to remind the public to be sure that the credits they do claim - credits, deductions or exemptions are correct and that they do indeed qualify for the credit because we saw a rise in the number of cases where they don't qualify for the credits and then they wind up paying back the government, so that makes it harder for the taxpayer and we just want them to be sure that they do qualify and try and avoid that situation."

Benito notes that claiming a credit or deduction on your tax return that you knowingly do not qualify for is a fraudulent act. For more information on tax fraud, call the department's Collection Division at 635-1865 or 1869.
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