2018 Tax Season

 

2018 Tax Season

 

The IRS has announced that the start of the 2019 filing season will start accepting business tax returns on January 8, 2019.  “WASHINGTON — Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled.”    The Trump Administration has stated that the IRS will issue out refunds during the current governmental shut down.  Normally the IRS does not issue income tax refunds during a government shut down.

IRS Confirms Tax Filing Season To Begin January 28

The implementation of the federal tax overhaul could further complicate matters for taxpayers we look forward to helping you navigate through these changes.   With the 2018 tax year being the first to be subject to the Tax Cuts and Jobs Act (TCJA), which brought sweeping changes to the tax code, as well as new tax forms. Various TCJA implementation activities, such as the development of new publications and instructions, will continue because they’re funded by earlier appropriations legislation.  Until the shut down is over taxpayers will not be able to reach a live customer service representative from the IRS.

The income tax filing deadline will be April 15, 2019.  The states of Maine and Massachusetts will have a filing deadline date of April 17, 2019.  If you have any questions about filing your income tax returns please give us a call.

Your Tax Coach,

Renee Lawson 

 

2017 Tax Season Start Date

2017 Tax Season Start Date

IRS has announced that the 2017 tax season for individuals will start on Monday, January 29,2018.  You can

get your taxes prepared now and the IRS will start accepting tax returns on January 29th.

“The IRS set the Jan. 29 opening date to ensure the security and readiness of key tax processing systems in

advance of the opening and to assess the potential impact of tax legislation on 2017 tax returns.”

Source IRS – 2018 Tax Filing Season

Business tax returns (1120, 1120S, 1065, 1041, 990) can be e-filed on January 9, 2018.

We look forward to preparing your tax returns in this new tax filing season.

Your Tax and Accounting Coach,

Renee Lawson