However, there are still some forms that cannot be filed until later. The following tax forms will be accepted by the IRS in late February or into March after updating forms and completing programming and testing of its processing systems. A specific date will be announced in the near future.…
Taxpayers using Form 8863, Education Credits, can begin filing their tax returns after the IRS updates its processing systems. Form 8863 is used to claim two higher education credits -- the American Opportunity Tax Credit and the Lifetime Learning Credit.…
The beloved Refund Cycle Chart has been retired by the IRS. What?! Yes, it’s true. Taking its place is a new and, we hope, improved “Where’s My Refund?” (WMR) application, which gives taxpayers the ability to track their refunds online . . .…
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In response to the recent court ruling which precludes enforcement of the RTRP requirements, the IRS has issued a statement acknowledging that tax preparers do not currently have to meet these requirements...…
Claiming that the IRS overstepped its bounds in expanding its regulatory power to include all tax preparers who prepare and file tax returns for compensation, three bold tax preparers took the IRS to court, and won...…
Many taxpayers, particularly those in the middle class, breathed a brief sigh of relief when Congress passed legislation to keep their income taxes from rising. What they may not have realized, however, is that workers will have to pay at least two percent ...…
The following tax forms will be accepted by the IRS in late February or into March after updating forms and completing programming and testing of its processing systems. A specific date will be announced in the near future...…
Read more about List of IRS forms that 1040 filers can begin filing...
The tax return filing season will start on January 30 for most taxpayers, not on January 22 as originally planned. In addition, tax forms impacted by late extender legislation will be delayed until late February or early March.…
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Since natural disasters seem to be occurring more frequently and with more intensity than ever before, it would seem wise for anyone owning a computer to know a few basic tips about protecting it. Most owners of computers keep personal and business data on their hard drive...…
Late enactment of extenders as part of the “fiscal cliff” legislation, the American Taxpayer Relief Act (ATRA) of 2012, threatens to delay millions of tax returns...…
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