Monday, November 4, 2013

2013 Tax Season Delay

Last year, Congress waited until the last minute to pass the budget package, which resulted in a two- to three-week delay for accepting tax returns. This year, Congress waited until two weeks past the last minute to pass legislation to allow the government to continue to function. There is another fiscal cliff waiting out there for us at the end of the year. As a result of the government shutdown, the IRS will not begin accepting returns for the 2013 tax year until sometime between January 28th and February 4th. The original planned date was January 21st.

At this time, we don’t know if the fiscal cliff looming at the end of the year might push the filing date back even further. If changes are made as a result of the last minute deals, there may be additional delays in order to change or correct forms and get them updated online or printed. The one deadline that doesn’t seem to budge though is April 15th, which remains the deadline for filing your returns and getting your taxes paid. That said, the six month extension is always available if April 15th comes too soon in the year for you. We’ll keep you updated on any changes or additional delays that might affect you.

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