IRS Will Pay Tax Refunds in Shutdown After All

10 January, 2019, 04:41 | Author: Regina Silva
  • Enlarge this image

The partial government shutdown won't keep the Internal Revenue Service from issuing refunds to taxpayers, "even if the US government shutdown extends into the filing season", Bloomberg reports.

Prior to today's announcement, the IRS had said that tax refunds were among the agency's "non-excepted activities" that are impacted by a shutdown and therefore not carried out. "The IRS usually pays around $125 [billion] in tax refunds in February and a further $75 billion in March", Ashworth wrote.

The White House Office of Management and Budget announced the decision Monday.

As it dragged through a third week, the partial government shutdown could not have come at a worse time for the Internal Revenue Service.

Since tax season ends April 17th people still need to file their taxes and workers doubt that the government shutdown will last that long.

Forget fantasy Brexit, UK tells lawmakers as crucial deal debate begins
But, these were immediately rejected by the Tories' DUP allies , who prop up Mrs May's government at Westminster. There were turbulent scenes in Parliament when some in May's Conservative Party accused the speaker of bias.


Huawei unveils 7nm chipset using ARM design in server push
Using the cutting-edge 7nm process, the CPU was independently designed by Huawei based on ARMv8 architecture license. Xu said that Huawei will continue its relationship with Intel but it chooses the best option for each use case.


Thunder's Noel stretchered off floor following scary fall
Westbrook has triple-doubled in three of his last four games, but his shot isn't falling much these days, nor are his free throws. A minute later, Minnesota's Jeff Teague and Oklahoma City's Dennis Schroder got into a shoving match after a Westbrook layup.


OMB determined that paying tax refunds was an "indefinite appropriation", and not something that needed annual congressional approval. So everyone is still on the hook to pay their federal income taxes, but those who overpaid don't know when they might expect their refunds. He added that the Trump administration is working to make the shutdown "as painless as possible, consistent with the law".

Paying these tax refunds could help the White House avoid an enormous political and economic mess next month.

Issuing refunds on time would make it easier for President Donald Trump to continue the shutdown without affecting taxpayers waiting for money.

But fear not, the White House says; tax refund checks will be sent out, even though the IRS, part of the Treasury Department, is for the most part closed.

The IRS said it will recall a "significant portion" of its roughly 52,000 furloughed employees to work on tax returns. If the tax filing season opens later than last year-on January 29, 2019-please explain the delay and whether the lapse in government funding played a role.

Recommended:



Popular

Wolves considering Hoiberg for GM or head coach
Thibodeau entered the season on the hot seat, which is why he was desperately trying to keep Jimmy Butler rather than trade him. Assistant coach Ryan Saunders will assume the role of the interim head coach for the remainder of the 2018-19 season.

Parsons 'extremely disappointed' Grizzlies didn't give him chance
Memphis offered Parsons an opportunity with its G League affiliate but wouldn't assure him a spot on the active roster. The 30-year-old player has $38 million still left on his contract with Memphis through 2020.

Brexit withdrawal vote in British Parliament now set for January 15
But concerns are mounting that May will be unable to push the deal through a deeply divided British parliament. Standoff: Anti-Brexit protester Steve Bray, left, and a pro-Brexit supporter outside the Houses of Parliament.

Teacher fired after video shows her dragging autistic boy in KY
The teacher is scheduled to appear in court Wednesday. "The Greenup County School District prioritizes the safety of our students. The boy's mother, Angel Nelson, told CNN on Monday that her son was removed from a classroom after he had an outburst.

Star Trek 4 movie reportedly shelved, but more shows on the way
The plans for a fourth Star Trek movie in the rebooted series have been shelved by Paramount Pictures, according to reports. Paramount Pictures has reportedly put the long-awaited sequel Star Trek 4 on the shelf, with director S.J.

Is it too late to get a flu shot?
Regular hand washing, getting the flu shot, and sneezing into your arm rather than your hand are important preventive measures. Widespread flu activity is being reported by 24 states . the C-D-C rates states from green to red, red being high incidence.

Roger weeps: 'Never broke down like this'
Carter died in a auto accident while on honeymoon in South Africa before Federer had won his first major nearly 17 years ago. In 2019, he'll look to defend his 2018 Australian Open victory, saying Serbian superstar Novak Djokovic is the man to beat.

Malaysia-China relations not affected by WSJ claims | Malaysia
A news report today alleges that the contract to build the ECRL was awarded to a Chinese firm in exchange for a bailout for 1MDB. The embassy also said that China and Malaysia treated each other as friendly neighbours and honest partners all along.

Ranveer Singh impresses as aspiring rapper in 'Gully Boy' trailer
As the track Asli Hip Hop continues to garner praises, we can not wait for the makers to release the rest of the songs. However, Ranveer added, "Ek thoda zaada special hai, ek thoda kamm (One is a little more special than the other)".

World Cup winner Pavard to join Bayern Munich from July 1
His memorable strike against Argentina in the last 16 was also voted Goal of the Tournament , beating the likes of Cristiano Ronaldo and Lionel Messi.