Budget crises put tax refund checks on hold

Wow, this could really cause a lot of distress.

You’ve probably heard before that if you’re getting a big, fat tax refund check, you’re doing something wrong. Now there’s a new reason to fine-tune those payroll withholding elections. The economic meltdown is hitting statehouses around the country so hard that some are holding their residents’ tax refund checks hostage.

Budget crises in Kansas and California have already forced those states to halt tax refund processing. In California, there’s even been talk of sending out government IOUs instead of money.

Budget crises put tax refund checks on hold

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