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Jim’s Daily Rant. The Easy IRS.

  • Jim Costa
  • Feb 16, 2023
  • 1 min read

Yesterday Clif mentioned that a lot of people feel that this is the last year to file a tax return. This will lead to heavier refunds.


I have been meaning to write about this for several days. Announcement headlines continue to flow out from the Main Street News informing the little folks to delay filing for a while because they don’t know how to treat government refunds (pay outs) in 2022. This appears to be mostly Democrat states.


As a former CPA, I have never seen IRS go into tax season on January 1st unprepared and tax forms not ready.


I believe IRS is throttling back the tax season because the government does not have the funds to pay out refunds.

 
 
 

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