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IRS Computer Problems Shut Down Tax Return E-file System (foxnews.com)

Mr.Intel writes: The IRS stopped accepting electronically filed tax returns Wednesday because of problems with some of its computer systems. The outage could affect refunds, but the agency said it doesn't anticipate "major disruptions." A "hardware failure" forced the shutdown of several tax processing systems, including the e-file system, the IRS said in a statement. The IRS.gov website remains available, but "where's my refund" and other services are not working. Some systems will be out of service at least until Thursday, the agency said. "The IRS is currently in the process of making repairs and working to restore normal operations as soon as possible," the IRS said.

1 of 176 comments (clear)

  1. Re:Since all money is fiat, why have taxes at all? by number6x · · Score: 5, Informative

    Correct, money has no intrinsic economic value. Just like gold, silver and diamonds. The economic value any of these things have is the value that people, as a whole, give to them.

    we usually use them all (money, gold, etc) as place holders for exchange of goods, services or labour.

    Note: Gold and silver do have some intrinsic value in electronic circuitry, diamonds as industrial abrasives. However, this value is small compared to their main use is as objects of art, decoration and as place holders of economic value.