As US Government Shutdown Looms, Taxman Still Knocks

Tuesday, 05 Apr 2011 06:07 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON - As the U.S. government moves to the brink of a shutdown with budget talks stalled, taxpayers should remember one thing as tax day nears: tax collection may be considered "essential."

Internal Revenue Service Commissioner Douglas Shulman last week told a congressional hearing he was in talks with the White House budget agency about contingency plans in the event of a government shutdown.

Taxes are due this year on April 18.

Lawmakers and the Obama administration continued talks on Tuesday to avert a shutdown, racing against expiration of a temporary government funding measure that ends this Friday, April 8.

When the IRS Commissioner was asked about the potential for a shutdown last week, talks seemed productive.

"Everybody is hopeful that there won't be a shutdown," Shulman said, noting negotiations between congressional leaders and the White House were ongoing.

In prior shutdowns, the most recent of which occurred in 1995 and 1996, checks from taxpayers were collected - but refunds stopped. Still, prior shutdowns occurred during the months of November and December through January, not the tax-frenzied month of April.

An IRS spokeswoman could not speculate on how the agency would handle a shutdown this time.

Though refunds could be stalled, a 2011 Congressional Research Service report listed tax collection as an "essential" activity.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Author Phyllis Chesler: Obama 'Seems to be Siding With the Jihadists'

Saturday, 22 Nov 2014 21:57 PM

The United States can never defeat the Islamic State and other terrorist groups until President Barack Obama realizes t . . .

State Senator Protesting Ferguson a Victim of Attempted Carjacking

Saturday, 22 Nov 2014 19:56 PM

A Missouri state senator and gun-control advocate who has protested police actions in Ferguson surrounding the Michael B . . .

Report Questions if Dempsey Should Quit Over Obama's ISIS Strategy

Saturday, 22 Nov 2014 18:57 PM

The Obama administration's strategy of using only airstrikes against the Islamic State is frustrating military leaders,  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved