It will be a very confusing Tax Season…
Posted by taxguru on November 27, 2014
Will Congress be able to pass legislation retroactively renewing the several expired tax provisions in time for the upcoming Tax Season? Either way, IRS and the tax software companies will be in a mad rush to adjust their systems to account for the changes. It’s going to delay when tax returns can be actually prepared and processed by IRS.
7 Tax Extenders That Affect You – Almost all tax returns have at least one of these items, especially the Sales Tax deduction that is big in tax free states, such as here in Florida.
How immigration killed the tax deal – Extender legislation may be lost in the crossfire from the battle over illegal immigrants.
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