RALEIGH, N.C. (AP) - North Carolina taxpayers be warned: You'll have to wait longer again this year to get your income tax refunds.
Revenue Secretary Kenneth Lay told The Associated Press on Friday his agency is starting to delay refund checks for individuals and businesses. It's all part of the state's effort to manage cash while tax collections remain anemic.
It usually takes between two to six weeks for a return with no errors or problems to be processed and a refund approved this time of year. There's no timeline on the delays right now, but Lay says everyone ultimately will receive their refunds.
The same thing happened last year but Lay acknowledged his agency wasn't as prepared then. The department had been up to date on handing out refunds until now.
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