This tax season, the IRS is delaying until late February or early March issuing a number of forms that affect more complex returns, like those used to claim general business credits, depreciation of property and residential energy credits.
Also, the IRS won’t begin accepting individual tax returns for 1040 filers until January 30th, instead of the originally scheduled date of January 22nd.
All this means refund checks could be delayed about a week and the filing window shrinks from 12 weeks down to 11 weeks. The filing deadline remains April 15th, which falls on a Monday this tax season.
Click here for more information on forms and dates that may affect you.