Will Your Tax Refund Be Delayed?
It’s only January, but because the calendar has turned to 2015, that means the tax season is officially here. While most people don’t file their taxes in January, there are a few early birds who go after the first worms of the year, so-to-speak. Although it’s often a good idea to make sure the IRS, and your tax preparer, has all the new tax laws in place before you file your taxes, it sounds like filing early this year could be a good idea.
That’s because for those who want to get their refund back quickly the longer they wait to file could mean the longer they wait to get that refund. Of course, in any year most people who wait to file will have to wait longer to get their refund. The more returns the IRS has to check the longer it’s going to take, so naturally if you wait to file, chances are you’ll wait longer to see the money in your account.
However, it appears that this year the wait could be even longer than normal, that’s because according to recent reports, budget cuts at the IRS could really slow things down. While IRS Commissioner, John Koskinen assures the country that everyone’s return will indeed get processed, he also says that with the agencies limited resources this year, including employees, that the IRS will most likely not be able to provide filers with refunds as quickly as they have in the past.
However, the commissioner did not give an estimated timetable for how long people might have to wait to see their refunds, only that it could take longer. The IRS is feeling the pinch in resources after Congress cut its budget by $346 million for the coming year, which ends in September.
Whatever the case, you can contact GROCO anytime you are ready to start preparing your tax return this season. Just call us today at 1-877-CPA-2006, or click here to get in touch with us online.
Muse Me: Making “Old Art” Cool | Heather Gokhman
Heather Gokhman is a member of the International Society of Appraisers, holds a Masters degree in Art Business from Sotheby’s Institute of Art in New York City, and a Bachelors degree in Art History from the University of Southern California. Prior to opening State of the Art Appraisals, Heather was a partner at EG Art Brokers, a fine art appraisal and auction brokering company and Assistant Director at contemporary art gallery, Avran Art, in Laguna Beach. Heather has also worked at Montgomery
Transforming Ag Extensions in India: A Moment with Rikin Gandhi of Digital Green
Rikin Gandhi is chief executive officer of Digital Green. Rikin’s interests include sustainable agriculture and technology for socioeconomic development. He co-founded Digital Green as a research project in Microsoft Research India’s Technology for Emerging Markets team and now leads the spin-off of Digital Green that works to amplify the effectiveness of agricultural development globally. Rikin is a licensed private pilot and received patents for linguistic search algorithms that he helped
Why Venture Capital is Exciting and Rewarding | Robin Li
Robin Li is a VP at the GGV Capital Silicon Valley office. She focuses on investments in ecommerce and consumer internet. She is a member of the board of directors for Lively and is actively involved with Boxed, Bustle, Function of Beauty, musical.ly, Ibotta, OfferUp, Poshmark, Xiaohongshu, Yamibuy, and more.Prior to joining GGV, Robin worked at Flextronics’ Venture Arm covering hardware and technology investments and at Qiming’s Beijing office. Before venture capital, she spent three years at
Gaining the Trust and Confidence of those Around You
Gaining the Trust and Confidence of those Around You Whether it be in business or everyday life trust and confidence are key ways of how we interact with others. Building trust with your boss could land you that next promotion or show people that you are someone they can count on or could open doors…