Prepare Now for Future Refund Delays – IRS now required to delay refunds to many taxpayers As part of recent tax legislation, the IRS is now mandated to delay sending out some refunds to taxpayers beginning with 2016 tax returns. If impacted, you will need to plan for this delay. Topline: If next year’s tax return claims an Earned Income Tax Credit or the Additional Child Tax Credit your refund …Read More
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Government Shutdown Impacts Return Processing – …but only a little
Think the 16 day closure of the Federal Government is going to delay the tax season? Yes, but only a little. The Government announced it will open the 2013 tax filing season on January 31st. Only one week later than anticipated. “Our teams have been working hard throughout the fall to prepare for the upcoming tax season. The late January opening gives us enough time to get things right with …Read More