Is a $1,200 Coronavirus Stimulus an Advance on 2020’s Tax Credit — or a Loan You Have to Pay Back in 2021? Short-lived relief followed a stimulus bill which seemed to grant $1,200 to many American taxpayers, but subsequent examination of the funds suggested that it came out of relied-upon tax refunds in 2021.
Is the IRS Suspending Tax Refunds During the Government Shutdown? On December 22, 2018 the United States government shut down, suspending the functions and payrolls of numerous federal agencies. As the shutdown continued into January 2019, concern and rumors began to spread over whether tax refunds issued by the Internal Revenue Service would be delayed — or suspended entirely. News and gossip site The Shade Room […]
