Go Back  British Expats > Living & Moving Abroad > USA
Reload this Page >

So California aren't issuing any more tax refunds

So California aren't issuing any more tax refunds

Old Jun 26th 2009, 9:39 pm
  #1  
Just Joined
Thread Starter
 
Joined: Jun 2009
Location: Los Angeles
Posts: 11
danicrun is an unknown quantity at this point
Default So California aren't issuing any more tax refunds

hmm .. seems it's going to be IOU's from now on.

So what does that mean for ex-pats going home who may be due a refund?

Have we lost our money?
danicrun is offline  
Old Jun 26th 2009, 10:26 pm
  #2  
Account Closed
 
Joined: Jan 2006
Posts: 0
scrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond reputescrubbedexpat091 has a reputation beyond repute
Default Re: So California aren't issuing any more tax refunds

IOU's wont start until July 2nd, and if a budget passes checks should start being issues again. IOU's were also issued in February of this year during the last budget issue.

Also some banks may honor them sooner then the October date the IOU's will have, this is assuming a budget is not passed before July 2nd.
scrubbedexpat091 is offline  
Old Jun 26th 2009, 10:44 pm
  #3  
Forum Regular
 
malj's Avatar
 
Joined: Jul 2008
Location: San Francisco, CA
Posts: 68
malj has a spectacular aura aboutmalj has a spectacular aura aboutmalj has a spectacular aura about
Default Re: So California aren't issuing any more tax refunds

Well I know what I'm doing.. adjusting my witholding so if anything I will owe the government a little so as not to find myself in the position of being owed money and not getting it!
malj is offline  
Old Jun 27th 2009, 1:14 am
  #4  
Lost in BE Cyberspace
 
Joined: Jan 2006
Location: San Francisco
Posts: 12,115
Giantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond repute
Default Re: So California aren't issuing any more tax refunds

Originally Posted by malj View Post
Well I know what I'm doing.. adjusting my witholding so if anything I will owe the government a little so as not to find myself in the position of being owed money and not getting it!
This is exactly why this iou nonsense for refunds is going to have the reverse of the intended effect - tax revenues will go down.
Giantaxe is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2022 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.