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Delays Expected for 2014 Tax Filing Season

On Tuesday, October 22, 2013, the Internal Revenue Service proposed a likely delay of one to two weeks for the start of the 2014 filing season, following the 16-day federal government closure. The delay is said to allow for sufficient time in programming and testing the tax processing systems to be used for the coming season. Acting IRS Commissioner Danny Werfel, however stated that they were currently exploring possible options to shorten the apparent delay and would announce a final decision with the start of the 2014 filing season this December. The original start date for the 2014 filing season was initially set for Jan. 21, however with a one- to two-week delay, the IRS would not start accepting nor processing 2013 individual tax returns until Jan. 28 and no later than Feb. 4.  Read more.

 

Disclaimer: These materials are provided for informational purposes only and are not intended as legal or tax advice. Readers of the IBS blog should consult their legal or tax professionals to discuss how these matters relate to their individual circumstances.

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