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IRS Will Open US Tax Filing Season On Time

by Mike Godfrey, Tax-News.com, Washington

31 December 2014


Following the congressional renewal of the "tax extenders" package of measures earlier this month, the United States Internal Revenue Service (IRS) has announced that it still anticipates opening the 2015 tax filing season as scheduled in January.

The IRS will begin accepting tax returns electronically and processing paper returns from January 20.

Referring to the passage of legislation to extend the tax extenders for one year, IRS Commissioner John Koskinen said: "We have reviewed the late tax law changes and determined there was nothing preventing us from continuing our updating and testing of our systems. Our employees will continue an aggressive schedule of testing and preparation of our systems during the next month to complete the final stages needed for the 2015 tax season."

The IRS has also sought to highlight that filing electronically is the most accurate way to file a tax return and the fastest way to get a refund. The agency pointed out that there is no advantage, in terms of processing times, for those people filing tax returns on paper in early January rather than waiting for e-filing to begin.

The IRS confirmed that more information about the 2015 filing season will be available in January.

TAGS: compliance | tax | tax compliance | law | Internal Revenue Service (IRS) | tax authority | legislation | United States | individual income tax

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