Government Shutdown

USA shutdown and United States government closed and american federal shut down due to spending bill disagreement between the left and the right pas a national finance symbol with 3D illustration style.

Your Business & the Government Shutdown

Bailey Scarano Blog, Tax & Money Tips / By

Key Takeaways The IRS remains open during the shutdown, but processing refunds and correspondence is significantly slower. Businesses should expect cash-flow disruptions if clients rely on government contracts or regulated industries. SBA loan delays could affect refinancing, expansion, or new equipment purchases. Benefit and insurance premiums may rise due to uncertainty in federal oversight. Proactive […]

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Steel door saying "Sorry We're Closed" in front of US Capitol

What the IRS Shutdown Means for Connecticut Businesses

Bailey Scarano Blog, Tax & Money Tips / By

Key Takeaways Nearly half of IRS employees were furloughed on October 8, 2025, as the government shutdown entered its second week. The agency continues to process electronic filings and payments, but most other operations, including audits and taxpayer assistance, are paused. Extension filers with October 15 deadlines must still submit returns and payments on time, even though IRS

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