Taxes


 

IRS will start accepting 2020 tax returns on Feb. 12

If you file your tax return as early as you can, mark Feb. 12 on your calendar. That's the day this year that the IRS will start accepting and processing 2020 returns. Are you ready for another wild tax season due to the coronavirus pandemic? Neither am I, but it looks like that's what will happen, at least to some degree. When the Internal Revenue Service today opened Free File, its online, no-cost tax preparation and e-filing option, at essentially the same time as it did last year, I w...
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9 tax software companies offer Free File products in 2021

Attention early tax return filers. The 2021 tax filing season now is officially, although only partially, open. UPDATE, Jan. 15, 11:20 a.m.: The full 2021 filing season will start on Feb. 12. Details to come shortly in a separate post. UPDATE, Jan. 15, 4:00 p.m.: The IRS opened up its Free File site on Jan. 15. It also announced that it will officially open the full 2021 tax filing season on Feb. 12. That's when the IRS will start accepting and processing all 2020 tax returns, regardless of...
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Slow tax refunds again make the annual Top 10 list of taxpayer problems

Image via GIPHY If you were part of the millions of taxpayers who didn't get their refunds — and I am seeing on social media that even into 2021, some people are still waiting … — the National Taxpayer Advocate (NTA) feels your pain. NTA Erin M. Collins included that complaint in her list of the 10 most serious problems facing taxpayers. The list is part of the Internal Revenue Service watchdog office's Annual Report to Congress, which was released on Wednesday, Jan. 13. Tax fraud fighting...
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