Former IRS official backs off warnings about refund check delays
It turns out the concerns that your tax refund checks would be delayed because of the sequester were much ado about nothing.
Last week former IRS Director of Legislative Affairs Floyd Williams sounded the alarm by saying the sequester could result in your tax refund being delayed. Now, he tells KTRH that won't be the case.
“The acting commissioner of the IRS said he intends to furlough people for as much as 5-7 days, but not during the filing season,” Williams said.
Williams said it looks like the IRS came up with a plan that avoided any problems.
“They will run furloughs at some point between the summer and the end of the fiscal year, which is September 30th,” Williams explained.
So your checks will come when they normally do. KTRH Money Man Pat Shinn says if you want your money even faster, there's a way to do that, too.
“If you are due a refund, try and work a way to have that deposited directly into your bank account as opposed to receiving a check,” Shinn said.
Shinn says if you're still worried about any delays, just do what many people have started doing.
“If you file electronically, you will find that your refund will be coming to you in just a matter of days,” Shinn explained.
Williams says the only delays now would be if the IRS wants to take a closer look at your return.
“They’ll get over the filing season hurdle, but there may be a problem down the road on the enforcement end,” Williams said.