posted ago by Grindelwald
+7 / -0
In the early days of Clinton, he enacted a RETROACTiVE tax law. I have recently heard that the IRS is not processing 2020 tax returns until late February. Wait for the Democrats to cram through a tax bill in the next few weeks that will confiscate more of our money on earnings of the PAST year.
Hope I am wrong, but doubt it.
In the early days of Clinton, he enacted a RETROACTiVE tax law. I have recently heard that the IRS is not processing 2020 tax returns until late February. Wait for the Democrats to cram through a tax bill in the next few weeks that will confiscate more of our money on earnings of the PAST year.
Hope I am wrong, but doubt it.
Retroactive tax moves are going to piss off a lot of taxpayers. Nobody likes owing money to the IRS, especially if the did some tax planning to prevent it.
But it’s actually par for the course to start processing returns in February as tax documents like W-2s and 1099s typically aren’t available until the end of January