Share

Looking Forward To Your Tax Refund? The Shutdown Might Have Something To Say About That

Share

If the government shutdown continues it could delay the payment of billions in income-tax refunds. IRS struggles to operate at full capacity.

Under the parameters of a shutdown, the IRS is only able to accommodate one in eight employees,” The Wall Street Journal reported.

Certain functions like dealing with government property and criminal investigations will continue.

However, auditing and refunds have stalled.

“We’re in uncharted territory as each day gets longer,” Mark Steber, chief tax officer at Jackson Hewitt Tax Service Inc told The WSJ.

Trending:
The Biden Administration's Attempt to Immediately Shut Down Texas Abortion Law Just Crashed and Burned

The news comes as Congressional lawmakers are still trying to hammer out a deal to reopen the government while putting forth a plan to alleviate the southern border crisis.

By March of last year, the government had already paid hundreds of billions of dollars.

By March 30 the amount totaled $212 billion, according to The WSJ.

This year’s tax refunds will be 26 percent higher than 2018.

They will result in $62 billion more in reimbursements, Fortune reported.

The IRS does not respond to inquiries if the government isn’t open.

That mean filers won’t be able to call in to ask questions about the effects of the shutdown.

The agency may look to recruit more staff after the filing season starts to help with the additional processing.

They have yet to announce an official start date.

Related:
France Announces Obliteration of ISIS Leader Who Killed Americans, But Country Not Happy After Hearing What Biden Did Hours Later

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

A version of this article appeared on The Daily Caller News Foundation website.

Truth and Accuracy

Submit a Correction →



loading

We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:
,
Share
Founded by Tucker Carlson, a 25-year veteran of print and broadcast media, and Neil Patel, former chief policy adviser to Vice President Dick Cheney, The Daily Caller News Foundation is a 501(c)(3) non-profit providing original investigative reporting from a team of professional reporters that operates for the public benefit.




loading

Conversation