Taxpayers eager to get refunds will have to wait an extra 10 days to file their federal tax returns. The Internal Revenue Service said Wednesday that October’s partial government shutdown has forced it to delay tax filing season until Jan. 31. It had been slated to start Jan. 21. The IRS says the 16-day shutdown interrupted workers who were programming and testing the agency’s processing systems. The April 15 deadline for filing individual tax returns, which is set by law, remains unchanged.
U.S. builders broke ground on homes at the fastest pace in more than five years despite higher mortgage rates. The Commerce Department said Wednesday that developers began construction on houses and apartments in November at a seasonally adjusted annual rate of 1.09 million. That’s 23 percent more than October’s pace of 889,000 and the fastest since February 2008, just a few months after the recession began.
Amid a debate over whether to allow in-flight cellphone calls, Delta Air Lines is giving one answer, loud and clear: No way, no how. Atlanta-based Delta issued a statement Wednesday reiterating its position against cellular calls, even if the Federal Communications Commission changes regulations to allow them. A survey last year of more than 1,400 Delta passengers showed that 64 percent of customers disapproved of or didn’t like the idea of voice calls on the airplane.
Hulu LLC, the online streaming service, said 2013 revenue will reach $1 billion, a 44 percent increase from the $695 million recorded the prior year. Paying subscribers reached 5 million earlier this year, Chief Executive Officer Mike Hopkins said Wednesday on Hulu’s blog. The company plans to double its original programming over the next few years from more than 20 shows in 2013, he said. — From wire reports