News and Updates

If a spending bill is not passed this week and the government shuts down on March 1st it could have significant implications for the IRS.  During a shutdown many federal agencies, including the IRS operate with a skeleton staff or cease non-essential functions altogether.  The exact impact on the IRS would depend on the duration and nature of the shutdown as well as any specific directives issued by the government.  Possible consequences could include:

• Delay or suspension of processing tax returns and issuing refunds.
• Services such as taxpayer assistance centers, taxpayer advocate services and the IRS website might experience disruptions or reduced functionality.
• Non-essential activities such as audits and certain enforcement actions may be temporarily halted or delayed, which could impact individuals and businesses awaiting resolution of tax matters.