Icelandic ash falls on IRS

Written by C. Cranium

Saturday, 17 April 2010

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Icelandic ash reaches US shores.

The Icelandic volcanic eruption that is spewing ash all over Europe stranded many US tax payers who had not filed tax returns and had planned on preparing taxes on their return. April 15, a banner flight cancellation day, was the deadline for filing US income taxes after which late filers are faced with fines and penalties.

Amongst the tax procrastinators stranded in the UK was U.S. Secretary of the Treasury, Tim Geithner who had not filed his return either. Geithner, realizing he had a problem, immediately instituted a new federal regulation that grants a fifteen-day extension making the new deadline April 30.

The new tax regulation is limited to US tax payers who have a valid ticket originating in 23 European origin airports with valid US destination. The reprieve is only valid for air mode between April 14 00:01 AM and April 15 11:59 PM EDT, 2010.

Specifically excluded from the extension are US tax payers who were stuck in Europe or the UK but are destined for Canada. Scuttlebutt has it that Canada Border Services Agency (CBSA) delayed Geithner upon his last visit. Seems that he did not declare the contents of his fat wallet - after all he is Treasury Secretary. CBSA requires that 'monetary instruments equal to or greater than CAN$10,000' be declared at time of entry.

The story above is a satire or parody. It is entirely fictitious.

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