NEWSFLASH! It was merely a rumor (you know how those fly... we all watch Desperate Housewives) that the State of California will be administering "IOU"s for those with a tax refund for the year 2008. It was previously spread that we didn't know when we would get our money back.
Here we go. Misinterpretation state wide. The State Controller issued a statement on January 16, stating that there would be a "30-day delay" on all refunds processed February 1st and after. Please see the article: State Controller announces delay for tax refunds for further information.
In other words... don't spread rumors! Many people (myself included) were extremely hot about this situation. Although I usually research claims (especially those that would infuriate me...), I failed to do so this time. Hope this makes your weekend. Have a great one! Toodles for now! lisa