Despite the government shutdown, the Internal Revenue Service recently confirmed that it will process tax returns beginning Jan. 28 and provide refunds to taxpayers as scheduled.
“We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I appreciate the hard work of the employees and their commitment to the taxpayers during this period,” said IRS Commissioner Chuck Rettig in a news release.
Congress directed the payment of all tax refunds through a permanent, indefinite appropriation (31 U.S.C. 1324), and the IRS has consistently been of the view that it has authority to pay refunds despite a lapse in annual appropriations. Although in 2011 the Office of Management and Budget (OMB) directed the IRS not to pay refunds during a lapse, OMB has reviewed the relevant law at Treasury’s request and concluded that IRS may pay tax refunds during a lapse.
The IRS will be recalling a significant portion of its workforce, currently furloughed as part of the government shutdown, to work. Additional details for the IRS filing season will be included in an updated FY2019 Lapsed Appropriations Contingency Plan to be released publicly in the coming days.
“IRS employees have been hard at work over the past year to implement the biggest tax law changes the nation has seen in more than 30 years,” said Rettig.
As in past years, the IRS will begin accepting and processing individual tax returns once the filing season begins. For taxpayers who usually file early in the year and have all of the needed documentation, there is no need to wait to file. They should file when they are ready to submit a complete and accurate tax return.
The filing deadline to submit 2018 tax returns is Monday, April 15 for most taxpayers. Because of the Patriots’ Day holiday on April 15 in Maine and Massachusetts and the Emancipation Day holiday on April 16 in the District of Columbia, taxpayers who live in Maine or Massachusetts have until April 17 to file their returns.
Software companies and tax professionals will be accepting and preparing tax returns before Jan. 28 and then will submit the returns when the IRS systems open later this month. The IRS strongly encourages people to file their tax returns electronically to minimize errors and for faster refunds.
Black Man produces water out of thin air!
American Tax Geeks is Giving $112 Million to African Americans to Start Thousands of Franchises
Nationwide — American Tax Geeks is known as the franchise company that pays all of the startup costs for it’s franchise owners. But now they’re specifically giving $112 million to African Americans to start an American Tax Geeks franchise. They pay your startup costs, provide employee training, and much much more. Their popular franchise model of paying for the startup costs of their franchise owners has allowed them to become the fastest growing franchise ever, with 10,000 locations for next tax season.
According to Derrick Smith, Director of Operations, “We have received a tremendous amount of applicants that want to become American Tax Geeks franchise owners, but we want to see more diversity with our franchise owners. We have apportioned specific amounts of resources for all minority franchise applicants and specifically we want at least 20 percent of our franchise locations to be owned by African Americans. We have allocated $112 million that will go towards paying for all of the startup costs of thousands of new African American franchise owners across the country. We pay several thousands in startup costs for each franchise owner. I encourage any African American that is an aspiring business owner to take advantage of this tremendous opportunity to become an American Tax Geeks franchise owner with absolutely no upfront startup costs.”
Furthermore, in addition to paying all of your startup costs, right now they’re also waiving their $40,000 initial franchise fee. With annual gross income for franchise owners being around $200K, it’s truly one of the best franchises opportunities ever.
And tax preparation is an industry that’s truly always in demand. The latest fiscal year count available from the IRS shows that more than 83 million taxpayers paid someone to prepare their federal tax return. American Tax Geeks franchise owners don’t need any prior tax experience because the actual tax work is performed by their employees and managers.
American Tax Geeks provides their franchise owners with a store location, employee training, marketing support, and everything that they need to get started and succeed without spending one penny. This is truly how more franchise companies need to operate.
To learn more about becoming an American Tax Geeks franchise owner, go to www.AmericanTaxGeeks.com right now, before it’s too late.
New Rosa Parks Barbie
Nationwide — Rosa Parks, known as the Mother of the Modern Civil Rights Movement, is being honored with a Barbie doll that resembles her. Children can now play with a toy that will truly inspire them, but the doll is also expected to be popular with collectors.
Mattel, the makers of Barbie, is recognizing the achievements of many historical women including Rosa Parks who “made the world better for future generations of girls.”
“By celebrating their achievements with dolls made in their likeness, we hope girls will be inspired to pursue their dreams,” a spokesperson for Mattel told CNN.
The Barbie doll will feature Parks’ authentic clothing and accessories as well as educational material about her contributions to society.
The launch of the new dolls comes as part of the brand’s Inspiring Women Series which aims to honor historical role models who paved the way for generations of girls to dream bigger.
Moreover, Mattel stated that research found that girls from the age of 5 are more likely than boys to experience the “Dream Gap” wherein they could feel like their own gender isn’t smart and competent enough. To address that, showing girls more role models and telling their stories could be beneficial.
Other women who are part of the new collection are Katherine Johnson, Frida Kahlo, Amelia Earhart, and Sally Ride.
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