# The IRS’s Inability to Keep Pace with Non-Corporate Applications for Refund of Net Operating Losses Under the CARES Act Has Cost Taxpayers Millions of Dollars in Additional Interest
> **Audit** by Treasury Inspector General for Tax Administration · 2022-09-07
> *About: Internal Revenue Service*
## Report
- **Title:** The IRS’s Inability to Keep Pace with Non-Corporate Applications for Refund of Net Operating Losses Under the CARES Act Has Cost Taxpayers Millions of Dollars in Additional Interest
- **Submitting OIG:** Treasury Inspector General for Tax Administration
- **Component agency:** Internal Revenue Service
- **Type:** Audit
- **Publication date:** 2022-09-07

## Recommendations

- **Rec 1** (Closed): Devote additional resources to process the tentative refunds faster and reduce interest payments.
- **Rec 2** (Closed): Develop contingency plans, specific to the processing of Forms 1045, so that taxpayers are not adversely affected by a future cessation in operations.
- **Rec 3** (Closed): Develop contingency plans, specific to the processing of Forms 1045, so that taxpayers are not adversely affected by a future cessation in operations.
- **Rec 4** (Closed): The Commissioner, Small Business/Self-Employed Division, and the Commissioner, Wage and Investment Division, should evaluate and update their compliance strategy associated with the CARES Act to determine if it matches the risks associated with…
## Source
- [oversight.gov report page](https://www.oversight.gov/reports/audit/irss-inability-keep-pace-non-corporate-applications-refund-net-operating-losses-under)
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