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Latest Tax Alerts

Check out the latest tax alert section of our website, full of links and articles for professional and personal tax news. Read More


All eyes on tax reform in 2017

Congress ended 2016 passing a few targeted tax bills ... Read More


IRS releases 2017 standard mileage rates; business and medical/moving rates drop

The IRS has released the 2017 optional standard ...
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How do I? Know what records to discard

A new year may find a number of individuals with the pressing ...
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January 2017 tax compliance calendar

As an individual or business ...
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Filing season launches January 23; some refunds may be delayed

 

Brian Whelan, Partner The individual income tax filing season opens on January 23, 2017, the IRS has announced. The IRS also reminded taxpayers that the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) (P.L. 114-113) may impact certain refunds in 2017.

Filing season launch

The IRS will begin accepting electronic tax returns and processing paper returns on January 23, 2017.

Unlike past years, the IRS did not have to deal with late tax legislation in 2016. Typically, the IRS needed extra time to reprogram its processing systems for late tax legislation and that can move the start of the filing season to later in January.

The deadline for filing 2016 returns is ...Read More




FAQ: Are some tax return deadlines changing in 2017?

 

Salvatore Russo, Partner The Surface Transportation Act of 2015: Tax Provisions (enacted on Jul. 31, 2015) provided for major changes in certain tax return deadlines. To allow for a transition period for taxpayers adjust to the new due dates, the new filing deadlines carried a delayed effective date: for tax returns for tax years starting on or after January 1, 2016. As a result, the upcoming 2017 filing season is the first year these changes will take place.

Partnerships

The due date for partnerships to file Form 1065, U.S. Return of Partnership Income and Schedule K-1s, Partner's Share of Income, is ... Read More




    



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