50 Million Must Delay Filing Taxes.

Discussion in 'Politics' started by WillowTree, Jan 3, 2011.

  1. WillowTree
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    WillowTree Diamond Member

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    NEW YORK (CNNMoney) -- Itemize your tax deductions? Itching for a refund? You're going to have to wait.

    The IRS said that it needs until mid- to late-February to reprogram its processing systems because Congress acted so late this year cleaning up the tax code. The bill, which includes deductions for state and local sales taxes, college tuition and teacher expenses, wasn't signed into law until Dec. 17.




    http://money.cnn.com/2010/12/31/pf/taxes/irs_filing_delay/








    :lol::lol::lol::lol::lol::lol:

    Unintended consequences of asswipery.
     
    Last edited: Jan 3, 2011
  2. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    So much for the Party of No.

    Eh?

    Wonder if Republicans are going to shut down government again.
     
  3. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    I'm not sure I would call it an unintended consequence. Considering that many people get refunds instead, this is one more way for the Feds to borrow the money for a longer time at zero interest, although it's unlikely they had the foresight to realize this. The more likely explanation is that they just don't give a fuck about the little people. Note that the April 15th deadline has not been extended due to this delay.
     
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  4. Truthmatters
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    Truthmatters BANNED

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    Yeah your right the republicans did this on purpose to fuck the American little guy
     
  5. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    TM is one of the stupidest people on the internets.
     
  6. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    I read this too this morning. I'm always good about filing mine within the first week of February because I get my W2 on 1/31 every year. I guess I'll have to wait this year.
     
  7. Trajan
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    Trajan conscientia mille testes

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    If I recall correctly, the dems had a supra majority for several months. not only did they not do a budget for 2011 they didn't do squat vis a vis the tax code....hummm, then they waited till they got trashed at the polls then decided it was time to go to work..........they aren't the party of no, they are the party of incompetence.
     
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  8. Zoom-boing
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    Zoom-boing Gold Member

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    This will also affect filling out of the FAFSA (student aid) for many.
     
  9. WillowTree
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    WillowTree Diamond Member

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    I think she's the little guy that gets fucked. :cool::eusa_eh:
     
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  10. editec
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    editec Mr. Forgot-it-All

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    I'm in no rush to file, anyway.
     

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