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Tax Season to be Delayed Again in 2014

Posted by Predovich & Company

On the heels of finalizing the compressed 2013 tax filing season, the IRS announced expected delays in the upcoming tax season as well.  According to a release issued October 22, the government shutdown has put the IRS 2014 tax season preparations behind schedule.  As a result, the earliest the IRS anticipates being able to accept tax returns is late January to early February.  The notice stresses that paper returns mailed in prior to the "official" start of the filing season will not be processed, and that e-filing is still the preferred method and will result in faster refunds.

Source:  AICPA Journal of Accountancy 10/25/2013

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