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March 1, 2013
The Impact of Sequestration on the IRS
- Bloomberg-BNA, IRS Memorandum
- National Treasury Employees Union Press Release, IRS Employees Told of Potential Furloughs of 5 to 7 Days
- Accounting Today, IRS Employees May Face 5- to 7-Day Furloughs from Sequester
- Bloomberg, Prisoners Join Astronauts in U.S. Spending-Cut Fallout
- Chicago Tribune, Federal Sequestration Could Affect Speed of Tax Refunds
- Forbes, IRS Won't Delay Tax Season For Sequestration
- Huffington Post, The IRS Sequestration: Why You Should Care, and What It Means
- Politico, Sequestration: Expecting a Tax Refund? It May Be Delayed
- Politico, Sequestration Taxes IRS Fight Against Fraud
- Wall Street Journal, IRS Furloughs to Begin After Tax Season
- Washington Post, IRS Will Not Furlough Until After Tax Filing Season
March 1, 2013 in IRS News, Tax | Permalink
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Comments
I was working for a multi-zillion dollar financial services company in the 1980s when one of those occasional government shut-downs occurred. We had a team of IRS guys in our building working for weeks on two cases -- an employment tax audit for one set of years and an income tax claim for refund for some earlier years. The shut-down required these guys to work only on 'essential' projects. So the employment tax audit continued and our claim for refund got shelved.
I imagine we'll see a similar strategy as the sequester gets implemented.
Posted by: eli bortman | Mar 3, 2013 5:30:08 AM
