It has been announced that the Internal Revenue Service will start accepting and processing 2016 federal individual income tax returns this year. You will have until Tuesday, April 18, 2017 to file your 2016 return.
Expect refund delays this year as the IRS will be enforcing the Protecting Americans from Tax Hikes (PATH) Act, which requires the IRS to hold returns which claim Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) as a fraud prevention mechanism. Most refunds will not be issued until the week of February 27th.
Please call our firm at 815.842.1112 or 815.945.2611 to help with your tax needs! We look forward to your call.
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