From Nextgov.com: IRS slow reaction to bounced checks costs treasury $20 million

Inspector general also reports that the agency needs to improve oversight to detect unauthorized access to taxpayers' personal information.

The Internal Revenue Service issued more than $20 million in refunds in error because it realized too late that individuals who overpaid taxes owed did so using bad checks, according to a report released by the Treasury inspector general for tax administration on Tuesday.

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