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Tax Refunds Will Be Paid During Shutdown, White House Says

Posted on 1/7/19 at 2:54 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 1/7/19 at 2:54 pm
quote:

WASHINGTON—The IRS will pay tax refunds even though the agency is subject to the federal government shutdown, after the Trump administration reversed a longstanding policy.

The decision, announced Monday by the White House Office of Management and Budget, would remove one of the biggest potential pains for Americans from the shutdown and allow hundreds of billions of dollars to flow once tax filing opens later this month in the event that the shutdown lasts that long.

The administration is trying to make the shutdown as “painless as possible consistent with the law,” Russell Vought, the acting OMB director, told reporters.

“We’re going to continue to take steps like that to mitigate the impact,” Vice President Mike Pence said of the tax refunds.

Until Monday, the Trump administration and its predecessors had said refunds couldn’t be paid while the IRS was shut because that wasn’t necessary to protect life or government property.


LINK

VRBO website to Destin about to be shutdown.

Eta: Also great for my business as a Jackson Hewitt tax professional!!! Bring me those refund checks.
This post was edited on 1/7/19 at 2:58 pm
Posted by TechDawg2007
Bawville
Member since Nov 2007
32632 posts
Posted on 1/7/19 at 2:55 pm to
Gubment better give me my moneys
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76771 posts
Posted on 1/7/19 at 2:55 pm to
great ! gotta get my casino money !
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
76084 posts
Posted on 1/7/19 at 2:56 pm to
quote:

VRBO website to Destin about to be shutdown.



Huh?
Posted by Packer
IE, California
Member since May 2017
8699 posts
Posted on 1/7/19 at 2:57 pm to
Scheduling my appointment at Fast Tax now
Posted by 225Tyga
Member since Oct 2013
19953 posts
Posted on 1/7/19 at 2:57 pm to
Ya damn right
Posted by JPLIII
Broussard - terd supporter
Member since Jan 2008
22630 posts
Posted on 1/7/19 at 2:57 pm to
whew
Posted by 225Tyga
Member since Oct 2013
19953 posts
Posted on 1/7/19 at 2:58 pm to
If it was up to me, i would have paid no taxes. More money for me is better
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 1/7/19 at 2:59 pm to
Ready to get that big refund for filing single and zero all year.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65493 posts
Posted on 1/7/19 at 3:02 pm to
quote:

Tax Refunds


Strange words that have no meaning to me
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
45505 posts
Posted on 1/7/19 at 3:04 pm to
quote:

Tax Refunds



Strange words that have no meaning to me




You're missing out baw. Last year I bought a Costco membership and a lifetime supply of Vienna Sausages.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65493 posts
Posted on 1/7/19 at 3:05 pm to
Last year I owed enough to buy a neighborhood in inner city Detroit.
This post was edited on 1/7/19 at 3:07 pm
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
26100 posts
Posted on 1/7/19 at 3:06 pm to
I remember not understanding tax law and looking forward to my refund.
Posted by SlapahoeTribe
Tiger Nation
Member since Jul 2012
12722 posts
Posted on 1/7/19 at 3:07 pm to
quote:

the Trump administration reversed a longstanding policy.

I’ve said this until I’m blue in the face - the “pains” of a shutdown are all fiction. They only exist because the politicians want us to suffer. All so they can point the finger across the isle and score political points.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139207 posts
Posted on 1/7/19 at 3:07 pm to
Posted by deltaland
Member since Mar 2011
103800 posts
Posted on 1/7/19 at 3:08 pm to
Inner city used car dealerships rejoice everywhere
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61777 posts
Posted on 1/7/19 at 3:14 pm to
shite yeah.
Headed to get my $7000 refund loan today.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
45505 posts
Posted on 1/7/19 at 3:19 pm to
quote:

Headed to get my $7000 refund loan today.


Where's you go? Last year the place on Florida by Sharp had the best deal I could find.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 1/7/19 at 3:21 pm to
quote:

I remember not understanding tax law and looking forward to my refund.


What if you get large bonuses that are taxed at a higher marginal percentage thus leading to over withholding?

Im with you, try to minimize your refund or net 0, ideally, but it's not always real simple.

And understanding tax law doesn't really have anything to do with that
This post was edited on 1/7/19 at 3:22 pm
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