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E-file Hits Record 90 Million With 30 Million Filed From Home

Admin — Thu, 30 Apr 2009 19:17:16 +0000

For the first time, more than 30 million individual income tax returns were filed from home computers. By April 24, the IRS had accepted 31.2 million returns filed from home computers, up 19.3 percent from the same time last year. IRS e-file broke the 90 million mark this year. Up almost 6 percent compared to the same time last year.

Filing Season Opens on Time Except for Certain…

Admin — Fri, 28 Dec 2007 01:54:44 +0000

Filing Season Opens on Time Except for Certain Taxpayers Potentially Affected by AMT Patch WASHINGTON — The Internal Revenue Service announced today that the upcoming tax season is expected to start on time for everyone except certain taxpayers potentially affected by late enactment of the Alternative Minimum Tax “patch.” Following extensive work in recent weeks, [...]

Some Tax Refunds To Be Delayed

Admin — Fri, 28 Dec 2007 00:37:37 +0000

Over 3 million refunds will be delayed until february due to congress’ late fix to the AMT bill, according to the IRS late thursday. “We regret the inconvenience the delay will mean for million of early tax filers, especially those expecting a refund,” acting IRS Commissioner Linda Stiff said. Will my refund be delayed? The [...]

Tax refunds face a delay

Admin — Fri, 21 Dec 2007 17:24:03 +0000

WASHINGTON – President Bush on Monday pushed Congress to pass a one-year fix to the alternative minimum tax, which threatens to hit 23 million federal tax filers, warning that failure to do so could delay tax refunds next year. The alternative minimum tax, or AMT, is calculated alongside the income tax, with the taxpayer paying [...]