IRS: Budget cuts may result in late refunds or shutdowns

Shockingly the Internal Revenue Service (IRS) Commissioner John A. Koskinen warned of a drastic reduction in services, due to budget cuts, likely leading to a major loss in revenue and delayed tax refunds for all Americans.

That’s right people, the IRS is essentially beginning to go bankrupt.

In fact accountants all across America are finding themselves dumbfounded that they can’t reach the IRS on the telephone to answer general questions and have even been forced to send documents in via snail mail (U.S. mail) as services have already been diminished.

Additionally “lengthy delays” in all departments may be in store as Koskien also warned of shutdowns which may cause the U.S. Government to lose up to “$2 billion in revenue” this season as reported by Forbes.

Interestingly enough this all is actually taking place following the release of a satirical piece, which was posted by National Review about 4 month, causing quite the controversy amongst readers. Now, after the Commissioner’s announcement, it looks as if the satirical piece may have had some credence to it as the IRS is following nearly lockstep to the author’s imagination. However, rest assured the current situation is real and delays are truly in the works.

By Shepard Ambellas – Intellihub –