2018-2019 US Government Shutdown

US Government Shutdown & the IRS – 2018 into 2019 We are now in week three of the government shutdown. During a federal government shutdown, many agencies close their doors and workers are furloughed, meaning that they are off work and without pay. Government employees who perform “essential services” (military, law enforcement, etc.) continue to work, but without pay until the budget is passed. The last major government shutdown occurred in 2013 during the Obama administration when lawmakers could not agree on the terms of the Affordable Care Act. That one lasted 16 days and impacted the personal finances of thousands of government employees, not to mention the effect it had on the US economy. Not surprisingly, the IRS does not fit into any category of emergency/essential services that would keep it open. There are pros and cons to the IRS closure, depending on your individual situation. If you owe back taxes and you’re working with a revenue…

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