Due to the current shutdown, IRS operations are limited but tax laws don’t go on furlough. Laws don’t close even if the offices do. So what does this mean for taxpayers? Essentially, all taxpayers must still meet their tax obligations. Both individuals and businesses must still file tax returns and make deposits with the IRS, by law.
Returns and Payments Due–File Automatically
Thought you got a stay? Think again. The IRS returns and payments will still be processed at this time and deadlines will be noted. But no refunds will be issued. If you are able, the best option right now is to file electronically because there is less chance for error or delay and your file will be accepted and processed automatically.
Have questions for your friendly IRS agent? Don’t bother, no live agents are available to take your calls or answer your questions. The automated lines are still operational. Also, don’t make the walk to your local IRS center. They are closed. Remember federal buildings are not up and running. That includes your local walk-in taxpayer center.
Good News, Sort of…
The good news: If you were scheduled for an audit appointment or an appeal, assume it’s cancelled. While you certainly won’t be off the hook long term, this is a second opportunity to go over all your records and receipts one more time with your accountant. But don’t celebrate for too long. It’s the IRS, they will reschedule!
RECAP:
- Tax returns should be filed without delay
- File electronically if you can. Paper returns are still accepted but will obviously be delayed. Payments are being accepted by the IRS.
- No tax refunds will be issued during the shutdown
- The automated line at 800-829-1040 is still operational
- The IRS website, http://www.irs.gov/
Finally, straight from the horse’s mouth or the IRS website if you will, their newsletter states in no uncertain terms:
Due to the current lapse in appropriations, IRS operations are limited. However, the underlying tax law remains in effect, and all taxpayers should continue to meet their tax obligations as normal.
If you have any questions, contact dedicated tax accountant Joel Lewinson to alleviate any concerns during this most confusing period.
OCT
