Government Shutdown Tax Season & E-file Implications
In light of the government shut down, we would like to share pertinent information regarding IRS efiling and return processing.
It is important to know that you should continue to e-file returns and advise your customers to file as well.
Here are potential impacts to return processing from the IRS:
-Guidance on 2017 Tax Act would stop in the event of a shutdown
-Refunds would no longer be issued, but the IRS will continue to send acknowledgements
-Short-term shutdown (<5 days) would have less of an impact on the agency and refund delays
Recent Posts
Who do professional tax preparers call when they need help? The answer is, like many…
Tax season is a busy time for everyone involved, but it's especially important for taxpayers…
The Internal Revenue Service (IRS) will be shutting down its Modernized e-File (MeF) system on…
The PTIN portal is officially open for new 2024 PTINs and for PTIN renewals for…
An Individual Taxpayer Identification Number (ITIN) is a nine-digit number issued by the Internal Revenue…
A "tax purpose" for an individual is the reason why they file a tax return…
This website uses cookies.