NYS Tax Refunds

[Uncle Sam]

Hold on folks -

It was announced in the press today that Governor Paterson came up with a brilliant idea.

In order to provide NYS with cash flow - he wants to hold taxpayers' refund money until June 2010 and pay it with interest.

So if your NYS tax clients don't get their refunds right away - good chance it's because of this.

My State Senator and Assemblywoman don't know a thing about this to provide me with any reliable information.

What a time to make this move - right in the middle of the tax season.

[veritas]

Patterson

is toast.....

[DonPriebe]

Or ...

[Patterson] is toast.....

Alternatively, he is the only person in government that doesn't believe that the tooth fairy will swoop in and solve all our financial problems.

[BP.]

http://www.aolnews.com/money/article/cash-strapped-states-delay-tax-refunds-ny-says-its-an-option/19362112?icid=main|main|dl1|link4|http%3A%2F%2Fwww .aolnews.com%2Fmoney%2Farticle%2Fcash-strapped-states-delay-tax-refunds-ny-says-its-an-option%2F19362112

OK, it's a long link, but saw this relevant news article this morning about cash strapped states delaying their refunds. And it didn't even post as a hyperlink- sorry! Copy & paste'll get you there, though.

[veritas]

Told

Alternatively, he is the only person in government that doesn't believe that the tooth fairy will swoop in and solve all our financial problems.

ya so.....

http://cbs2.com/national/governor.david.paterson.2.1522538.html