Tax Refunds Will Be Delayed if Federal Government Shuts Down

By: Jamie Edmonds Email
By: Jamie Edmonds Email

It's supposed to be one of two certainties in life, but the threat of a government shutdown has taxpayers wondering, what happens now?

"There is uncertainty, especially if you are filing your own this year," Bruce Dunn, president of Maner Costerisan, said. "I would suggest if you don't know, ask a professional."

Dunn said regardless of what happens in Washington, the filing date of Monday, April 18th will not change.

"There's no leeway, make sure you get it done," he said.

As far as those refunds go, that's when things get sticky. Dunn said you have a better chance of receiving your refund on-time if you e-file, but there's still no guarantee.

"Refunds will still be processed, but the IRS has indicated to expect a delay," Dunn said. "Expect a further delay if returns are filed manually."

The problem is a lot of people count on those checks and that money, and so too, do local businesses.

"There's a big spike of people that come in a buy beds and furniture and appliances," Sal Vickers of J&J Appliance in Lansing said.

Vickers said they specifically prepare for this time of year by having more merchandise in stock, because this sales period accounts for about 20 percent of their whole year's business.

"Those people won't come in now," Vickers said if the government should shutdown, "they'll wait until they get the money."

If the checks are stalled, the economy might just follow suit. That's why at least a few lawmakers in Washington are hoping that doesn't happen, because this was a time when things were just starting to get going again.

The date to file an extension is is also April 18th. Dunn said audits will cease for a time period if the government should shut down,

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