List of IRS forms that 1040 filers can begin filing in March 2013
The following tax forms will be accepted by the IRS during the first week of March after updating forms and completing programming and testing of its processing systems. A specific date will be announced in the near future. Form 3800 General Business Credit Form 4136 Credit for Federal Tax Paid on Fuels Form 5074 Allocation of […]
“Where’s My Refund?” Tool on IRS’s Website Overloaded…Again
The IRS is experiencing high traffic on “Where’s My Refund?” as more tax returns come in. Because of the heavy volume of refund inquiries, the IRS anticipates “Where’s My Refund?” will have limited availability during busier periods. Due to the large number of inquiries and to avoid service disruptions, the IRS strongly urges taxpayers to […]
Forms 8863 (Education) and 4562 (Depreciation) To Be Accepted and Processed This Week
The Internal Revenue Service announced that it would begin accepting tax forms covering depreciation on Sunday, February 10, and forms covering education credits on Thursday, February 14, a.k.a Valentine’s Day. “This step clears the way for almost all taxpayers to start filing their tax returns for 2012,” the IRS wrote in a statement. “These forms […]
IRS PTIN System Now Open
On Friday, Jan. 18, 2013, the United States District Court for the District of Columbia enjoined the Internal Revenue Service from enforcing the regulatory requirements for registered tax return preparers. In accordance with this order, tax return preparers covered by this program are not required to complete competency testing or secure continuing education. The ruling […]
IMPORTANT! IRS RTRP Regulations Shot Down in Court!
Released yesterday was news the tax preparers, along side a libertarian justice group, won it’s case against the IRS. Essentially, the lawsuit challenged the IRS, stating that it had no right to impose such regulations on tax preparers and that it was giving itself more authority than it had. The judgement opinion was that until […]