Free Classifieds
Home | Post Ad | My Account | Help | Affiliate Program | Local Classifieds | Just Viewed | Keyword Alerts
Username:
Password:
New to USFreeads?
Learn how to sell
Learn how to buy
Feature ads are now shown on over 50 websites!
Click Here for info!
Enter your Zip code to find ads in your area!
 My ad categories:
Services (193)
    Internet Ser... (23)
    Travel Speci... (11)
    Coupons, Cou... (10)
    Satellite TV... (6)
    Phone Servic... (5)

Beauty & H.. (136)
    Personal Care (26)
    Nutrition & ... (24)
    Skin Care (22)
    Beauty Produ... (19)
    Exercise (8)

Clothing &.. (103)
    Shoes (35)
    Women's Clot... (18)
    Men's Clothi... (4)
    Kid's Clothi... (4)
    Handbags & A... (3)

Home & Gar.. (100)
    Tools & Hard... (15)
    Home Decor (14)
    Kitchen Acce... (11)
    Home Improve... (10)
    Gardening & ... (6)

Electronic.. (93)
    Video Games,... (22)
    Audio: MP3, ... (12)
    Digital Came... (8)
    TV's: LCD, H... (4)
    Satellite TV... (0)

Sporting G.. (47)
    Sports & Fit... (17)
    Camping & Ou... (6)
    Team Gear & ... (6)
    Snow Sports ... (1)
    Team Sports (1)

Gourmet Fo.. (35)
    Chocolate & ... (6)
    Cheese & Wine (5)
    Coffee, Tea ... (4)
    Meat & Steaks (1)
    SeaFood (1)

Auto Parts.. (20)
    Accessories (5)
    Parts (4)
    Replacement (2)
    Pricing & Qu... (1)
    Performance (0)

Books, Mov.. (17)
    Books (6)
    Movies (4)
    Music (1)
    Magazines & ... (0)
    Musical Inst... (0)

Jewelry & .. (14)
    Women's Jewe... (4)
    Diamonds (2)
    Fine Jewelry (1)
    Men's Jewelr... (1)
    Engagement &... (0)

 
 Classifieds > Announcements > Business InfoAffiliate Ad (info)
An affiliate ad has been posted by a person or company who markets/sells products for another person or company. The advertiser would usually receive a commission for a sale or lead generated.
- Flag
Click here to flag this ad for review or to report a problem

State Tax IOU

Item ID#:1624493Location:
Unlisted
Seller ID#:374278  Premium advertiser Views:
1588
Price:$UnspecifiedExpires:18 days
California State Controller announces state Tax IOU

California announces delay for tax refunds Due to the state's persistent cash and budget problems, the State Controller announced on Friday, January 16, 2009 that without immediate budget solutions that fix the state's cash shortfall he will have to delay refunds for 30 days starting February 1, 2009 for Personal Income Tax and Business Entity taxpayers.

FTB is still processing returns as normal. However, it is likely this delay will affect state refunds for most early filers. Returns that have not completed processing before February 1, 2009 will have their refunds held for 30 days.

Don't Delay Get Your Refund Today: Online Tax e-file Sites

This applies to all refund types. Delayed Direct Deposit Refunds (DDR) will be electronically transmitted when funds are available.

FTB will update this website with FAQs as further information becomes available.

California may delay tax refunds amid budget impasse

With Gov. Arnold Schwarzenegger's veto of Democrats' $18-billion package of tax hikes and cuts, the state could begin issuing IOUs as soon as Feb. 1. GOP legislators join a suit against the package.
By Jordan Rau and Evan Halper
January 7, 2009
Reporting from Sacramento -- State officials on Tuesday braced for the possibility of delaying tax refunds to millions of Californians, along with student grants and payments to vendors, as the latest round of budget negotiations between Gov. Arnold Schwarzenegger and Democratic legislators collapsed.

With little more than a month's worth of cash left in the state treasury, the governor and lawmakers have been unable to agree on how to erase a budget gap projected to reach $41.6 billion by the middle of next year. Democrats announced Tuesday that two weeks of discussions had ended in an impasse and sent Schwarzenegger the $18-billion fiscal package they passed last month. The governor vetoed it, as he had promised to do.

The Legislature's independent budget analyst is warning that millions of taxpayers may not get their tax refunds on time because of the state's cash shortage.

Get your news delivered to you, sign up for newsletters now

Legislative Analyst Mac Taylor issued a report Wednesday ahead of the governor's annual state address. It signaled California would fall into a cash abyss unless elected leaders act quickly on the state's $41.6 billion deficit.

Taylor writes that the state controller will need to delay or issue IOUs on tax refunds. He notes that IOUs could bear up to 5 percent in interest costs to the state. The last time the state issued IOUs was in 1992, when many banks cashed the registered warrants for a short time.

A spokeswoman for the California Bankers Association says banks have not made a decision whether they would accept IOUs.

Copyright Associated Press

Submit Your Tax Return Online - Before It's Too Late: Online Tax e-file Sites - Compare The Best 3
http://www.comparisonkey.com/taxsoftware
Click here to view the other items in my product catalog
Share
 
Reply to ad:
Your Name:
Your Email Address:
Your Telephone:
Security Code:
(Type this code below)
Enter Security Code:
Please do not reply to this ad regarding any other products or services, with chainmail or other forms of spam.
My Account
Post Ad
Local Classifieds
Help Topics
Copyright© 1999 - 2014 USFreeads. All rights reserved
Please read our Terms of service & Privacy Policy by TRUSTe
Privacy Policy by TRUSTe
Security Verified

Contact Us
Privacy Policy
Terms of Service
0

tsBBvAkHRpvBpt
4/20/2014 1:03:40 PM UTC