Looks like another run on supplies!

AlexanderA

We have had our accountant e-file our returns for several years now and the refund check is usually in our checking account within a week or so.

bannockburn said:

We have had our accountant e-file our returns for several years now and the refund check is usually in our checking account within a week or so.

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Yes, e-filing and direct deposit will speed up your refund.

The best strategy, however, is to arrange things so that you don't have a refund at all. Why give an interest-free loan to the government? As long as what you owe (as a balance due) is less than $1,000, you won't have an underpayment penalty.

AlexanderA said:

The IRS is way behind on issuing refunds. I doubt that many have gone out yet.

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Odd, I know several (myself included) whose refunds were direct deposited within ten days of e-filing

Shanvanvocht said:

Odd, I know several (myself included) whose refunds were direct deposited within ten days of e-filing

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same here. 10 days between filing, approval, and getting notification the deposit was on its way.

paper filing makes sense if you need an accountant to handle a unique tax situation. But even then I think they can efile complicated ones now.

I received my refund Feb 8th. Mines pretty simple though...I don't use any deductions and don't qualify for the EIC.

Waveski said:

So …
If the range is empty , ammo is scarce , and people are sitting on what they have - we should be concerned.

And if the range is busy , ammo is on the shelves , people are buying and shooting that ammo - we should be concerned about that too?

What the heck should I be hoping for???

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You should apparently hope for a moderately populated range with people shooting calibers you don't own, in a 15 on/15 off arrangement. After which, they kindly clean their shooting lane, sort their brass and offer it to you. Even though it's the wrong caliber.

Hartkopf said:

I wonder if auto sales picked up during tax refund season?

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If only there were autos to buy... Seems new cars are tough to find, dealers are asking several 1000's over MSRP in "market adjustment fees".

They blame chip shortages, new $20B chip plant being built in OH.

Business is shocked to find out when you send all the manufacturing plants and jobs overseas it can cause a shortage here. What a surprise!

Waveski said:

So …
If the range is empty , ammo is scarce , and people are sitting on what they have - we should be concerned.

And if the range is busy , ammo is on the shelves , people are buying and shooting that ammo - we should be concerned about that too?

What the heck should I be hoping for???

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Sanity

kidneyboy said:

Sanity

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Pretty tall order given the social trends of the last 2 years.

Waveski said:

So …


What the heck should I be hoping for???

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Peace.

IRS is not behind on issuing refunds. This is nothing but media trying to whip people up again. I am an accountant and my clients are telling me they are receiving federal refunds in about 2 weeks. Which is pretty normal.

Waveski:
So much mindless panic, so much abuse with helpless masked children in public schools who have/had no voice in the matter.

A pathologist who runs a Covid Lab in a Memphis hospital told me - in person (face-to-face) - during Krav class that masks have been near-useless throughout the pandemic, and confirmed (along with some others) that children never needed to wear them. Many factors involved.

What would a seasoned, middle-aged medical doctor know?

I could not agree more.
I’ll let it go at that lest I stray into Never Land.

.455_Hunter said:

I just left the south Denver Metro Cabelas and let's just say there was PLENTY 9mm, .40 and 5.56mm.

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Same at the local Academy.

There is powder and bullets around just don't like the prices and gas here in central fl just hit 4.00 a gallon yesterday.

With the cost of food and gas, this ammo panic won’t last long. There’s way less people who have money left for a case of anything. Lots more people grabbing their 4 box limit and leaving it at that.

I never thought we would actually get hyper inflation here. I thought that was overblown hype. Now I’m starting to get a bit worried. Like watching a fire flare up and you're not really sure how big it’s going to get.

Last night at walmart they had plenty of ammo.

Have plenty of guns and ammo what I'm doing NOW along with some close friends and family, after a meeting between us, is getting as much water and food along with other tactical and survival gear and items together, we have a plan that if things go south and the moment NATO and Russia gets hot, to gather at a designated place to hope and try.......

lionking said:

Have plenty of guns and ammo what I'm doing NOW along with some close friends and family, after a meeting between us, is getting as much water and food along with other tactical and survival gear and items together, we have a plan that if things go south and the moment NATO and Russia gets hot, to gather at a designated place to hope and try.......

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Living in the Washington, DC, area, if things go south, I'm dead! Probably won't even know what hit me...

Tax refund, weather breaking

You guys do what you must. I, on the other hand, am going to capitalize. I've got a hundred head shots of vladdy putin and a couple rolls of scotch tape. At a dollar a hit, I'll leave em at the the range for folks to tape on their targets. I'll make a killing.

.44 magnum is the unicorn up here in Canada. No brass either.

I’ve been to two big box stores and two ranges over the weekend and they were all stacked out with ammo. There was even choices of 115 gr and 124gr 9mm. 124 has been hard to find until recently. Plenty of defensive ammo too.

Hartkopf said:

I wonder if auto sales picked up during tax refund season? It seems like ammo sales are tied to now having available money AND the lack of trust in our future. (Russia/politics/propaganda)

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Auto sales (and payments) do pickup in tax refund season, but right now is a bit early for that, usually its more the months of April & May when it has an impact.

Whatever is going on now is likely related to the fallout from Ukraine in various forms (end of Russian Ammo supplies, government buying up ammo and sending it to Ukraine, high oil prices, potential for further 2A abuses with the distraction provided by Russia, etc.)