GOVERNMENT SHUTDOWN: WHAT CAN TAXPAYERS EXPECT?
The federal government remains partially shut down. That means that funding for many government agencies has run out, including the IRS. As the tax filing season approaches, taxpayers may wonder how this will affect their tax returns and refunds.
The IRS will plan to keep 12.5% of the workforce as outlined in the Lapsed Appropriations Contingency Plan created by the Department of the Treasury. The plan explains the actions the IRS will take during the first five business days following a lapse in appropriations. The Department will let the remaining employees continue some functions in the short term, mainly those that are automatic. The IRS also confirmed the filing season will begin on January 28 this year.
The following is a list of some functions that will continue during the government shutdown:
The following is a list of some functions that will be put on hold during the government shutdown:
If you have any additional questions or concerns about how you will be impacted by the government shutdown, please contact us.
*From comments made by Russell Vought, the acting director of the White House Office of Management and Budget, during the Monday briefing on January 7. Deliberations continue, and this point is largely dependent on IRS employees returning to work during the continued shutdown.