Internal Revenue Service Announces Nation’s Tax Season

Taxes

Taxes

The Internal Revenue Service announced yesterday that the nation’s tax season will begin as scheduled on Tuesday, Jan. 19.

The IRS also says it will begin accepting individual electronic returns that day. The IRS added that it expects to receive more than 150 million individual returns in 2016, with more than four out of five being prepared using tax return preparation software and e-filed.

Although the IRS begins accepting returns on Jan. 19, many tax software companies will begin accepting tax returns earlier in January and submitting them to the IRS when processing systems open.

Choosing e-file and direct deposit for refunds remains the fastest and safest way to file an accurate income tax return and receive a refund.

The IRS anticipates issuing more than nine out of 10 refunds in less than 21 days.

The filing deadline to submit 2015 tax returns is Monday, April 18, 2016, rather than the traditional April 15 date.

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  • Posted 8 years ago

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