David M.Green Bookkeeping and Tax Service -
RSS

Recent Posts

IRS Has Refunds Totaling $1 Billion for People Who Have Not Filed a 2013 Federal Income Tax Return
File Without 1095-B or 1095-C
6-Month Extension Period for Calendar Year C Corporations
Early Withdrawals from Retirement Plans
The State of Pennsylvania has released their 2017 tax due date reference guide.
powered by

My Blog

January Tax Return Preparation (Fiscal Cliff) Update

Hoping for a early refund??? Think twice.Congressional dithering over a fiscal cliff fix could force the Internal Revenue Service to delay the start of the filing season. So those expecting to file their returns in mid-January, when the agency usually begins accepting them, may have to wait several weeks.                                     
 
If Congress doesn't approve a patch for the alternative minimum tax in the next few days, then up to 100 million taxpayers will not be able to file their returns -- or collect refunds, if owed -- until late March.The sooner Congress resolves their differences and comes to a agreement on the fiscal cliff crisis the better for all Americans.If Congress comes to a agreement soon tax filing season will start on time.If this drags on into January,the start of tax filing season will be delayed.

0 Comments to January Tax Return Preparation (Fiscal Cliff) Update:

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment