Excel 2013 locking up when cut/copy and pasting?

It’s tax time and I was using Excel today to start tracking my expenses for the year. Every time I went to copy/paste or cut/paste data in Excel it would lockup and say “Not responding” for 30 seconds.

In my case I had an old network printer mapped that didn’t exist anymore. Once I removed that old printer the problem went away. It wasn’t even my default printer.

Chances are this problem isn’t limited to Excel or even the 2013 release of Microsoft Office.