Yes! Income Tax Refund!… Delayed?

Tax RefundIt’s that time of year again…..

Are you expecting a tax refund from your 2013 income tax return?  Be prepared for a slight delay.  Due to the government shutdown in October, the IRS pushed back the date it will accept returns by ten days.  Originally scheduled for January 21, the IRS won’t ‘process‘ any returns until January 31.  The IRS is using the extra time to update and test the computer systems that process tax returns — a task that was delayed by IRS workers being furloughed during the 16-day shutdown.  Because of the delay, you may not get your refund as quickly.  You can speed up the process by using e-file with direct deposit.

Source:  Kiplinger’s Personal Finance