Geico Can Apply Ill. Tax Refund To Overpayment Years

By Ama Sarfo (August 21, 2014, 7:01 PM EDT) -- An Illinois appellate court ruled Thursday that several out-of-state insurers including Geico General Insurance Co. can apply an income tax overpayment refund to the years in which the taxes were overpaid, instead of the year in which the refund was received, because state law allows it....

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