The Internal Revenue Service began accepting individual tax returns on Friday.
The IRS postponed the beginning of tax season this year until January 31 due to the two-week federal government shutdown, which delayed the testing and implementation of some of its computer systems. The IRS is also starting off this tax season with a new commissioner, John Koskinen. Newly approved by Congress, he has been brought in to fix some of the problems that emerged last year, including with the agency’s Exempt Organizations unit, as well as contend with budget cuts that have been reducing taxpayer service.
The IRS is encouraging taxpayers to use electronic filing, noting that last year, nearly 120 million taxpayers opted for IRS e-file. Since 1990, taxpayers have e-filed more than 1 billion Form 1040 series tax returns through e-file.
If you need any help preparing your own personal or business tax returns, contact the accounting professionals at Neikirk, Mahoney & Smith PLLC where you'll be dealing with a real Certified Public Accountant and not someone that will try to sell you a car when tax season is over!
Read the rest of the article here - Thanks to Michael Cohn and Accounting Today!
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