Monday, January 28, 2013
See how these changes will impact when you file taxes this year in the wake of law changes by Congress.
Following the January tax law changes made by Congress under the American Taxpayer Relief Act, the Internal Revenue Service announced it plans to open the 2013 filing season and begin processing individual income tax returns on Jan. 30. The IRS will begin accepting tax returns on that date after updating forms and completing programming and testing of its processing systems. This will reflect the bulk of the late tax law changes enacted Jan. 2. The announcement means that the vast majority of tax filers—more than 120 million households—should be able to start filing tax returns starting Jan 30. The IRS estimates that remaining households will be able to start filing in late February or into March because of the need for more extensive form…
Tuesday, April 17, 2012
Today, April 17, is the deadline to file federal income taxes.
The Internal Revenue Service is reminding taxpayers to review their tax returns for common errors that could delay the processing of their returns. Today, April 17, is the deadline to file your federal income taxes. Here are some ways local residents can avoid common mistakes: File electronically. Filing electronically, whether through e-file or IRS Free File, vastly reduces tax return errors, as the tax software does the calculations, flags common errors and prompts taxpayers for missing information. And best of all, there is a free option for everyone. Mail a paper return to the right address. Paper filers should check the appropriate address where to file in IRS.gov or their form instructions to avoid processing delays. Take a close …
Monday, April 2, 2012
Tax Day is April 17 this year.
‘Tis the season—to file your taxes, that is. The deadline to file your tax returns is right around the corner. While “Tax Day” traditionally falls on April 15, the IRS has extended this year’s deadline to April 17. This was done because April 15 is on a Sunday this year. Also, Emancipation Day, a holiday observed in the District of Columbia, is April 16. According to federal law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do. In other words, there’s a two-day reprieve for us procrastinators—yes! Taxpayers requesting an extension will have until Oct. 15 to file their 2012 tax returns. Whew, now that we’ve got the deadlines figured out, we want to know where you go to have your taxes prepared for…