Media Alert: IRS Announces Start of Tax Filing Season, Continuing a Recent Trend Toward Later Starts
--(BUSINESS WIRE)--Jan 13, 2020--
Wolters Kluwer Tax & Accounting:
What: The Internal Revenue Service (IRS) has announced that it will start accepting and processing 2019 tax returns on January 27, 2020.
The IRS stated that the start date was selected to give them time to ensure the security and readiness of key tax processing systems and to address the potential impact of recent tax legislation on 2019 tax returns. The Consolidated Appropriation Act, 2020, enacted on December 20, 2019, included many tax provisions with a potential impact on 2019 tax returns.
Why: The start date is important for taxpayers hoping to receive tax refunds as soon as possible and also for tax return preparers hoping to spread out the tax filing season as long as possible. Factors to consider with the announced start date include:
Who: Federal tax expert Mark Luscombe, JD, LL.M, CPA, Principal Federal Tax Analyst at Wolters Kluwer Tax & Accounting, is available to discuss issues around the start of tax filing season.
PLEASE NOTE: The content of this article is designed to provide accurate and authoritative information in regard to the subject matter covered. The information is provided with the understanding that Wolters Kluwer Tax & Accounting is not engaged in rendering legal, accounting, or other professional services.
Contact: To arrange interviews with Mark Luscombe and other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topic, please contact:
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CONTACT: MARISA WESTCOTT
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SOURCE: Wolters Kluwer Tax & Accounting
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PUB: 01/13/2020 10:00 AM/DISC: 01/13/2020 10:01 AM