Last Day to E-File Tax Returns 2022
The last day for submitting tax returns electronically for calendar year 2022 is November 22nd. Please be sure to submit any final e-files prior to close of business 11/22 or be prepared to hold them until mid-January when e-filing is turned back on.
IRS Notice 2022-36 Waives Late Filing Penalties
IRS Notice 2022-36 waives late filing penalties for 2019 and 2020 returns filed late but on or before Sept. 30, 2022. Applies to income tax returns: 1040, 1040NR 1041 1065, 1120, 1120S 990 PF And more Does not apply to estimated tax, underpayments, preparer penalties If late filing […]
IRS Changing E-file Application Fingerprint Process As of 8/15/22
One component of becoming an e-file provider is getting fingerprinted for a background check. This has traditionally been completed with paper fingerprint cards which were mailed to the IRS and matched to the applicant’s application. However, as of September 25th the IRS will be implementing a new electronic fingerprinting process which will require an applicant […]
Hub Testing Begins 1/18/2022
Hot off the presses! IRS HUB Testing to start tomorrow, January 18th and continue through Friday January 21st. Tax returns intended for early processing can be submitted now! What is IRS HUB Testing? -This is when the IRS pulls and processes returns that have been submitted as part of a controlled test launch of the e-file […]
Amendment & Tax Return Processing Delays Create Difficulty for All
It’s no secret that the IRS has struggled to process taxpayer returns in a timely fashion since the pandemic started. Adding fuel to the fire, the pandemic created millions of taxpayers who desperately need their refunds in order to pay for living expenses. According to the Taxpayer Advocate Service, the IRS had a backlog of […]