Economy

Shut-down government will still issue tax refunds, IRS says

Shut-down government will still issue tax refunds, IRS says”

The Trump administration will direct the Internal Revenue Service to issue tax refunds during the ongoing federal government shutdown, reversing previous policy, officials said Monday.

In a statement, the IRS said the agency has always held the view that it has the authority to pay out tax refunds despite a lapse of appropriations during a shutdown.

White House Office of Management and Budget acting director Russell Vought (shown above left) said the shutdown won't impact tax returns, despite reports to the contrary.

As Vox reported last week, the IRS plan was to furlough all but about 10,000 of its workers, (keeping just 12.5 percent of employees working) thus making processing tax refunds hard, if not impossible.

April 15 is the deadline for most taxpayers to submit 2018 tax returns, taxpayers who live in ME or MA have until April 17 to file due to state holidays.

Filing season, the first under the Tax Cuts and Jobs Act, begins later this month. "Those are some large questions that haven't been answered, even though they said refunds would be processed".

Although 70,000 IRS employees are furloughed, the agency has also announced that it "will be recalling a significant portion of its workforce".

Until today, the Trump administration said refunds couldn't be paid while the IRS was shut because that wasn't necessary to protect life or government property. Tax-filing season opens soon, and while those who owe Uncle Sam will likely still have to pay up by April 15, people who were due money back have been worrying about a delay if the closure persists.

Your tax refund could be significantly delayed if the government shutdown continues.

As the government shutdown continues some people are wondering how much longer it will last and if it will affect their tax return.

Last year, the IRS began accepting returns on January 29.

Among those affected are over 800,000 federal workers, including many at the IRS, who will not be paid during the shutdown, now in the middle of its third week.



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