Government shutdown: how it will affect tax returns

08 January, 2019, 00:39 | Author: Corey Lynch
  • Government Shutdown Cost

Americans may find themselves missing an agency they usually love to hate if the government shutdown persists: the Internal Revenue Service.

Local IRS buildings continue to remain closed, some employees are still furloughed and no appointments can be made either while the government is closed. You get in line to get that refund issued.

The Federal government has been shut down for several weeks and, as we enter into tax season, there could be serious repercussions for taxpayers. If the government shutdown continues, it could delay any refund that's due.

The tax assistance lines won't be staffed until the shutdown ends. However, if the government doesn't open by then, he said it's nearly guaranteed that refunds will be delayed.

Tax filing season begins in mid-January, and returns are due to the IRS by April 15, raising the possibility that tax refunds could be delayed.

"They have not addressed yet if the delay is deep into tax season, will they push back the filing deadline?"




First, tax refunds won't be issued.

The long version: As part of the government shutdown, the IRS planned to keep 12.5 percent of its workforce, or fewer than 10,000 federal employees, working.

Bearden said before the shutdown, the IRS was still trying to update its systems to process taxes with the new laws passed past year.

The agency received two years of funding to implement the new tax law, so some of those activities including devising worksheets and tax forms along with instructions and publications have continued. According to the agency's contingency plan for lapsed appropriations, taxpayer refunds are one of the things that will be affected.

The tax refund is the single largest financial event of the year for many people, especially who count on large refunds to pay down debt, catch up on bills, or make major purchases.

Recommended:

  • Trade grades: Who wins the Bulls-Grizzlies deal?

    Trade grades: Who wins the Bulls-Grizzlies deal?

    So will Selden, who actually shot a better percentage from 3-point range last season (40.2 percent) than Holiday ever has. The move comes at a time when the Chicago Bulls are stocking up on young talent in the midst of a rebuild.
    What's Going On With Apple

    What's Going On With Apple

    Year-to-date, AAPL has declined -6.35%, versus a 0.99% rise in the benchmark S&P 500 index during the same period. As of Thursday, Apple's share price was at $142, which is nearly 40 percent less than its $232 high from October.
    Kentucky Police Officers post photos 'grieving' over loss of doughnut truck

    Kentucky Police Officers post photos 'grieving' over loss of doughnut truck

    The New York City Police Department tweeted: "Hang tight, we are sending backup forthwith". "No words", the officers wrote . Police departments are showing their support for officers in Lexington, Ky . after a devastating loss .
  • India force rare Australia follow-on in Sydney Test

    India force rare Australia follow-on in Sydney Test

    Mohammed Shami (2-58) bowled Pat Cummins (25) with a ball that kept low on the sixth ball after resumption of play. Ravindra Jadeja provided able support to Kuldeep from the other end picking up two wickets.
    Trump advisor says China stole Apple technology, but provides zero evidence

    Trump advisor says China stole Apple technology, but provides zero evidence

    The Institute for Supply Management's manufacturing index fell to 54.1 in December from 59.3 in November, marking a two-year low. While usually Apple would be celebrating another successful holiday season, things didn't quite go to plan this time around.
    Guardiola warned by FA after touchline rant

    Guardiola warned by FA after touchline rant

    Manchester City won the match 2-1 with goals from Sergio Aguero and Leroy Sane against a sole response from Roberto Firmino . There's a bet I really like ahead of this game, and it's the straightforward Liverpool win at a scarcely believable [2.04].
  • Dems say declaring emergency over wall dubious

    Dems say declaring emergency over wall dubious

    Democratic Senator Doug Jones, appearing on the same programme, said the White House has not presented a plan to use the money. But Trump showed no signs of budging in his demand for $5.6 billion for the wall, which Democrats have refused to grant.
    Rockets GM: James Harden Maybe the 'Best Offensive Player of All Time'

    Rockets GM: James Harden Maybe the 'Best Offensive Player of All Time'

    Harden is averaging close to 40 points per during that stretch while taking over the distribution duties with CP3 still out. Steph Curry led the Warriors with 35 points and six assists, while Kevin Durant added 26 points and seven rebounds.
    NASA space probe 'phones home' in landmark mission to solar system's edge

    NASA space probe 'phones home' in landmark mission to solar system's edge

    The images we have of the object now show no obvious impact craters, but there are hills and ridges. He added: "It is going to revolutionise our knowledge of planetary science ".
  • Elizabeth Warren Asked About Why She Took DNA Test at Iowa Event

    Elizabeth Warren Asked About Why She Took DNA Test at Iowa Event

    Elizabeth Warren will never be able to catch a break from being grilled about her presumed Cherokee heritage. Progressives who wanted to draft Warren to run for president in 2016 kicked off their campaign in the state.
    Five teenage girls die trapped in Escape Room after fire breaks out

    Five teenage girls die trapped in Escape Room after fire breaks out

    A local prosecutor told reporters the fire had probably been caused by an escape of gas near the heating system boiler. Warsaw's president Andrzej Duda said the incident was a "crushing tragedy" after the girls died so early in life.
    Expect Raptors' Kawhi Leonard to get booed in return to San Antonio

    Expect Raptors' Kawhi Leonard to get booed in return to San Antonio

    The diagnosis, treatment and rehabilitation of the injury created unrepairable tension between Leonard and the Spurs. Toronto was without Kyle Lowry , who missed his fourth straight game due to lower back pain.


Popular

Can Bohemian Rhapsody repeat its Golden Globes success at Oscars?
During his acceptance speech he thanked his late father, Lloyd Bridges, and pulled up his sleeve to reveal his dad's cuff links. British actress Olivia Coleman was a victor for bawdy historical romp " The Favourite ".

Apple iPhone XI to come with three cameras on back
The renders reveal a triple-camera setup arranged in a triangle shape (we've seen weird setups arranged in L-shapes too ). The iPhone Xs and Xs Max are still dual-camera phones, but Apple has been known to be late to the game.

China trade delegation to meet Monday, Tuesday
Data this week pointed to signs of strain in the United States and China at the end of a year ago . Its one-sentence announcement gave no other details of the agenda or who else would take part.

China’s Huawei Wishes New Year Using iPhone, Gets Twitter Talking
On New Year's Eve, two employees accidentally posted a new year's greeting on Huawei's official Twitter account using an iPhone . The replies to the reposted tweet filled with users posting their screenshots of the "Twitter from iPhone" version.

China Warns Taiwan: Unification By Force Is On The Table
Mr Xi also sent a warning to advocates of Taiwan's independence, who include supporters of Taiwanese President Tsai Ing Wen. The speech closely tied the Taiwan issue to Xi's central pledge to make China a global power by 2050.

President Donald Trump gives military 4 months to leave Syria
His announcement of an abrupt withdrawal of United States forces cost him his defence secretary when Jim Mattis quit in protest. Dunford Jr., the chairman of the Joint Chiefs of Staff, had communed with national security adviser, John R.

Trump Rejects Shutdown Compromise Proposed by Pence Before Meeting with Democrats
Since becoming president, though, he has shifted this promise, saying the money must come from USA taxpayers. That measure would provide money through the remainder of the fiscal year, to September 30.

Michael Owen states his prediction for Man City v Liverpool FC
It's the third of January, it's a very important game for both teams and I would use it as motivation for the other team'. Speaking ahead of Liverpool's win against Arsenal, Klopp said: "Milly is Milly, that means he is again ahead of schedule".

‘Stranger Things’ season 3 gets release date
To celebrate the new year, Netflix released the first teaser trailer for Stranger Things 3 at midnight on December 31. Now we indeed have an official release date of July 4th (Independence Day), 2019.

Two Indian women enter Sabarimala temple in Kerala amid protests
The temple was opened on December 30 for the Makaravillaku festival and there has been a heavy rush of pilgrims. Hinduism regards menstruating women as unclean and bars them from participating in religious rituals.