Saturday, October 26, 2013

Do you file your Tax Return early to get that EARLY REFUND?...SORRY

It seems the IRS wants to punish you for the Government Shutdown:
Here's another reason to be annoyed at the 16-day government shutdown: It could delay tax refunds for millions of early filers by one or two weeks, the Internal Revenue Service announced Tuesday. 
The IRS won't start processing returns until at least Jan. 28 and possibly as late as Feb. 4, instead of the planned start date of January 21. Should the government shut down again in January over budget talks scheduled as part of the deal to reopen the federal government, refunds could be tied up even longer.
Taxpayers still must file a return by April 15, and companies must still send W-2 and other tax forms on schedule, usually by Jan. 31. 
"While H&R Block is well prepared to adjust to the IRS announcement of a delay in the opening of the 2014 tax season, we are frustrated for our clients who are among the estimated 18 million taxpayers who typically file a return in January," the tax preparation company said in a statement.
The IRS said it needs the extra time to program and test tax-processing systems. "The government closure came during the peak period for preparing IRS systems for the 2014 filing season," the IRS said in a release. "Programming, testing and deployment of more than 50 IRS systems is needed to handle processing of nearly 150 million tax returns." 
About 90% of the IRS was idled during the partial government shutdown, putting the IRS about three weeks behind in preparations, the IRS said. "Readying our systems to handle the tax season is an intricate, detailed process, and we must take the time to get it right," acting IRS Commissioner Danny Werfel said.
Read the rest of the story HERE.

So preparing for the 2014 Tax filing season wasn't an 'essential' service to keep open during the shutdown....but guards posted at National War Memorials to keep 80 year-old Vets in wheel chairs from entering was....You can't say team Obama doesn't have priorities. My guess is, they're not the same priorities as most Americans. Do you think?

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