What’s different this filing season?

Because of the late passing of The American Taxpayer Relief Act of 2012 (click here for our earlier blog entry) in January, the filing season for taxes was delayed for many taxpayers. The IRS opened electronic filing for most taxpayers on January 30, 2013 and for most businesses on February 4, 2013. This past week, the e-filing opened for tax returns containing depreciation and amortization and education credits.

However, there are forms that must wait until the first week of March to file. To see a list of individual forms ineligible for electronic filing, click here.

The delay in finalized forms does not affect taxpayers’ deadline to file. Corporation tax returns are due March 15, 2013. Partnership and individual returns are due April 15, 2013.

In accordance with IRS Circular 230, this newsletter is not to be considered a “covered opinion” or other written tax advice and should not be relied upon for IRS audit, tax dispute, or any other purpose.

On February 16, 2013, posted in: Tax & Accounting Tips by