How to File Tax Returns During the Government Shutdown


FAYETTEVILLE, Ark. (KFTA)–Tax payers are now taking a breath of relief after an announcement from the government that tax refunds will go out during the shutdown.

The refunds come at a time when not only is the IRS working with less people, but also when the 2017 tax law is activated.

Refunds during the shutdown is something that has never been done before, leaving some people questioning the logistics of getting their money back.

CPA’s from Mauldin Vaught in Fayetteville said if you own a business, you should probably file for an extension.
This is to give the IRS time to get its workers back and answer necessary questions about the new tax law.
Christian Vaught said everyday tax payers should file early to avoid things like identity theft, but should be prepared to wait on a refund.
Mauldin Vaught is advising its clients to not invest their returns in big purchases like houses or cars because it’s likely the IRS won’t process the money for a while.

“That money won’t be coming back to the people, it won’t be going into our economy, it will all be delayed. It will come, it’s just a matter of when,” he said.

Vaught said the IRS will begin accepting returns this month, on the 28th.

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