The government shutdown could delay your tax refund

The government shutdown could delay your tax refund

And what if the government shutdown continues deep into tax season?

IRS offices are closed, tax questions are not being answered, and refunds to early-filers this year might not be issued on time if the shutdown drags on, financial experts say.

New Worries emerge with the federal government shutdown, tax returns.

The possibility of a lengthy stalemate could complicate this year's tax season, the first under the new law passed by Congress in 2017.

The Internal Revenue Service is one of the agencies impacted by the shutdown, and it's now operating with only 12.5 percent of its workforce, according to CNN.

"It does throw a little bit of wrench into things", said Kyle Pomerleau, economist at the Tax Foundation.

United States dollar climbs in tepid response after blockbuster jobs report
A new jobs report on Friday showed United States employers added more than 300,000 jobs in December - well above expectations. The president has accused Powell of hurting the economy by raising interest rates.

Tax filing season usually begins in mid-January, and if the shutdown is resolved by then it may have little lasting impact on taxpayers.

"A lot of families rely on this income, so that's going to be the biggest issue", said Alejandra Pino, a tax preparer for Shining Accounting Services in Harrisonburg.

When the government does re-open, when will people get their money?

Those who owe taxes usually delay filing until the April 15 deadline, and wealthier taxpayers with more complicated returns often take an extension. "The IRS was still figuring that out".

In the meantime, some IRS employees are still working to implement the Republican tax plan, the Tax Cuts and Jobs Act, which contained its own funding for two fiscal years. Live telephone assistance is not available at this time.

Anyone looking to talk to a representative from the IRS with questions about when they might get their refund is greeted with an automated phone message: "Welcome to the IRS. Normal operations will resume as soon as possible".

Related Articles

  • First Iowa flu death of the season reported by IDPH

    First Iowa flu death of the season reported by IDPH

    One man is dead from the flu and contributing issues, marking Iowa's first flu-related death of the 2018-2019 influenza season. And although we're now nearing the peak of flu season, Halperin still recommends getting the flu shot if you haven't yet.
    Warriors’ Kevin Durant laments giving up 54 3-point attempts to Rockets

    Warriors’ Kevin Durant laments giving up 54 3-point attempts to Rockets

    He has 40-plus points in his last five games, and the Rockets are surging in the Western Conference after a sluggish start. Steph Curry led the Warriors with 35 points, shooting 14-of-27 from the field, and Durant and Thompson each added 26.
    Dutch islanders take to the beach as container cargo washes ashore

    Dutch islanders take to the beach as container cargo washes ashore

    Authorities have warned volunteers and locals not to touch any bags but to call police or the fire brigade. MSC is also deploying specialised ships equipped with sonar to search for missing cargo at sea.
  • Jon Jones lashes out after questioning from Michael Bisping following UFC 232

    Jon Jones lashes out after questioning from Michael Bisping following UFC 232

    It was a huge night for both Jon Jones and Amanda Nunes, who captured world titles in the main and co-main events respectively. While the fighter has had plenty of success at light heavyweight, a move up a weight class could be coming in the future.
    Celtic target Kamara to undergo Rangers medical

    Celtic target Kamara to undergo Rangers medical

    Since taking charge at Ibrox, Gerrard has signed 10 players on permanent deals and secured five loan deals. Jermain Defoe is reportedly set to join Rangers on an 18-month loan deal from Bournemouth.
    Eriksen future could be out of Tottenham’s hands - Pochettino

    Eriksen future could be out of Tottenham’s hands - Pochettino

    He said: "No news is good news". "No news, again like Christian Eriksen - a different situation - it is not only in our hands". It depends on many things. "He is happy here, he is showing his commitment".
  • Justin Fields Makes It Official, Announces Transfer to Ohio State

    Justin Fields Makes It Official, Announces Transfer to Ohio State

    The 6-foot-3, 225-pound quarterback is trying for immediate eligibility with the NCAA. He was the No. 1 rated prospect according to ESPN when he signed with the Bulldogs.
    China prepares mission to land spacecraft on moon's far side

    China prepares mission to land spacecraft on moon's far side

    Other instruments will study the interaction between the moon and the solar wind and keep a digital eye out for possible water. The two missions are nearly identical in design; the former was originally built as a backup for the latter.
    Apple shares drop after news of waning iPhone sales

    Apple shares drop after news of waning iPhone sales

    Apple's decision to cut its sales outlook, "isn't a huge shock at this point", said Shannon Cross of Cross Research. China's economy has been pinched by the ongoing Sino-US trade war which is spilling over to other Asian economies.
  • Pujara, Pant put Australia to the sword in Sydney

    Pujara, Pant put Australia to the sword in Sydney

    Josh Hazlewood (2-51) struck early on a wicket with a greenish tinge to remove Rahul but that only brought Pujara to the crease. There was the faintest blip on snickometer and the decision stayed in Australia's favour despite Vihari's quick DRS review.
    Fortnite: Search between three Ski Lodges

    Fortnite: Search between three Ski Lodges

    Head over to the wintery section in the bottom left corner of the map and you'll see three Ski Lodges in the B9 and C9 sections. The giant rock man referred to in the Fortnite search between title is not too far away from the Battle Star location.
    Kim Kardashian expecting baby No. 4 via surrogate

    Kim Kardashian expecting baby No. 4 via surrogate

    Of course, whenever West or his wife (or any of the Kardashians, for that matter) do anything, people have an opinion on it. And on Friday, Kim Kardashian took to her Instagram page to share a snap of herself straddling husband Kanye West .