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$1.66 Trillion Federal Tax Refund Budget Impasse Emerges as Congress Delays Deal, Risking Partial Shutdown in March

Potential Government Shutdown Threatens IRS Operations

Taxpayers Brace for Possible IRS Shutdown in March

$1.66 Trillion Federal Tax Refund Budget Impasse Emerges as Congress Delays Deal, Risking Partial Shutdown in March. (PHOTO: CBS News)

As we near March there’s a chance part of the government might shut down. This is because Congress hasn’t yet agreed on how to spend a lot of money for the year. They’ve extended deadlines a few times already. If they don’t reach a deal by March 8 for some of the money and March 22 for the rest many government offices including the IRS might close until they figure things out according to the publish article of CNET.

READ ALSO: Child Poverty Rate To Reduce By A Third Due To Minnesota’s $ 1,750 Child Tax Credit

Pending Government Shutdown Threatens Federal Tax Refund Delays

If you’re waiting for a federal tax refund this could be a problem. It’s hard to say exactly what will happen because there hasn’t been a shutdown during tax season before. But if the IRS shuts down it could mean delays in processing federal tax refund. This uncertainty adds stress for people relying on that money for important expenses.

READ ALSO: More Details About The Tax Filing Statuses To Determine Which Tax Forms To Fill Out, Tax Credits You Are Eligible For, Etc.

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