Cash-Strapped States Delay Paying Income-Tax Refunds

Yahoo ^ | 3-5-10 | cnbc

[cajuncow]

This year, more Americans and businesses may be asking: Where's my tax refund?

That's because cash-strapped states such as North Carolina, Alabama and Hawaii have been forced to slow down issuing income tax refunds to individuals and businesses because of a lack of funds in their budget.

Kansas has hinted that a delay might be possible, and processing paper refunds in Iowa has slowed because the state doesn't haven't enough employees to get them processed faster.

Another state, New York, is still considering whether they'll follow the likes of Hawaii and delay refund payments.

[kbennkc]

You really want to use the disposable kind these days . I tried to write with a thermometer the other day because some bum kept my Mont Blanc .

[CaliforniaCon]

Re: “I told all my employees last year to reduce their withholdings to absolute minimums. Even if they withold too little, better to owe the state than the other way around”

***********

Agree — try NOT to be in line for a refund — pay the bastards what you may owe at the very last second on 4/15 and be done with it. I have not gotten a tax refund in decades.

[CaliforniaCon]

RE: “You really want to use the disposable kind these days . I tried to write with a thermometer the other day because some bum kept my Mont Blanc .”

*****************

LOL!!!!!

[ScreamingFist]

Unit numbers and places? Common “Mr. 5 countries” I’m sure you have buddies on FR. Or not.......

[rwfromkansas]

Wichita isn’t too bad...really KC is the problem.

[kalee]

ping

[ScreamingFist]

Opps

[americanophile]

...and what happens if the people delay paying their taxes to the government?

[BradyLS]

And yet we hear that government employment at the state level is higher than it’s ever been. Government at every level is just about the only one hiring these days, and yet every state complains of not having enough employees to get the work done.

They keep hiring too many chiefs and not enough Indians

[unixfox]

Why do I get the feeling that idea would give the state politicians a coronary?

From your keyboard to God's ears.

[unixfox]

...and what happens if the people delay stop paying their taxes to the government?

FREEDOM!

[americanophile]

they can’t arrest us all.

[ScreamingFist]

FREEDOM!

Yes. I have your freedom swinging in my next tax return. Poseur.

[catnipman]

Your best bet is to try and get a pretty good handle on the amount of taxes you’re going to owe during the next year, and adjust withholdings so that you are slightly under withheld. That way you’ll owe the state and Feds a little bit and you’ll never have to worry about not getting a refund.

Besides, why should you make these bozos an interest-free loan in the first place?

[Tzimisce]

Well, you don’t mind paying more if you get services so hey. “:)

[Mygirlsmom]

I’d take it. My property taxes are that high in addition to state tax. And I have a very modest ranch home on a small lot.

[mewzilla]

Another state, New York, is still considering whether they'll follow the likes of Hawaii and delay refund payments.

Just try it, Hot Sheets...

[mewzilla]

More on NYS....

Governor considers delays in paying tax refunds

[Domandred]

If they can’t pay refunds it means they were taking more than they should have been...and spending it. Theft in my book since unlike a bank or store that can’t pay up so have to close, the government will still be there.