If, as we suspect, the Congress cannot manage to pass a continuing resolution by April 8th, there may be difficulties in processing and receiving tax refunds and other operations of the IRS.

Internal Revenue Service Commissioner Douglas Shulman said the Obama administration has not decided whether the IRS would process tax returns and issue refunds if Congress cannot agree to a plan to avert a halt of government spending authority on April 8.

Under previous plans developed for potential government shutdowns near the Oct. 1 start of the fiscal year, the IRS would deposit checks though it would not process tax returns or issue refunds.

“We’ve never had a government shutdown in the middle of the filing season before,” Shulman said in testimony before a House Ways and Means subcommittee today in Washington. “The closer we get to April 15, the more consideration and factors are at play.”

Read more from the article here.

April 4th, 2011 at 7:09 pm | Comments & Trackbacks (0) | Permalink

 

You must be logged in to post a comment.