IRS Processing Delays

Due to Congress passing new tax laws late in 2010.

If you are an early filer you will have to delay until mid-February

This will apply to you if...

1. You Itemize

2. You take the Educator expense

3. if you take the tuition deduction.

They apologetically say that they need time to update their systems with the new laws. 

$$$$ REALLY $$$$

?

Think about it...with the tight times that folks are having more will choose to just take the standard deduction out of expediency. Cash is in desperate need by so many Americans that the IRS will enjoy the benefit of the people who are so very desperate, not wanting or able to delay refunds.

Now I itemize, had I not gone on U-tube to further my education I would not have known this. Now I must wait another 3 weeks before I can mail it in. To me this is all but criminal. The IRS will gain not only interest on my money but they will also have scores of people letting go of what is rightfully due to them through itemization. Desperate people take desperate measures. I suppose that can be also said of the IRS.