December 7, 2016
The following are changes to areas of the federal tax law that will affect 2016 federal income tax returns for the upcoming 2017 filing season.
Delay in Refunds for Federal returns claiming EITC or Additional Child Tax Credit
Beginning with the 2017 filing season, refunds for tax returns that claim EITC or the Additional Child Tax Credit will be held until February 15.
Therefore, any return that claims one of these credits that is prepared in the early part of the filing season will not be deposited until just after February 15 instead of in the normal timeframe.
See the IRS news release IR-2016-152 of November 22, 2016 for further information on this delay in refunds.
Earned Income Tax Credit (EITC)
Child Tax Credit and American Opportunity Education Credit
Due Dates for Federal Corporate and Partnership Returns
The due dates for federal C Corporations and Partnership returns have been changed as follows:
2019 Changes to Form 1040, Associated Schedules and New Form 1040SR
September 5, 2019
IRS Accepting Renewal Applications for Expiring ITINs
August 7, 2019
Tax Preparer Security Awareness
June 19, 2019
2019 Federal Tax Changes
April 24, 2019
When a Rental Activity Can Be Included as Qualified Business Income
March 19, 2019
Safe Harbor Rule for Autos that Claim Bonus Depreciation
February 27, 2019