Tax-Season-2020--IRS-Publishes-Filling-Dates

We’ve been talking a long time about tax season and how busy it is and about all the tax software that can be used to save time and meet deadlines. Well, it’s here now and can you believe it that April 15th is less than 100 days from now! The Internal Revenue Service (IRS) has finally put it in the press that the tax season will be opening from Monday, January 27, 2020, onwards. The IRS will begin accepting electronic and paper tax returns starting that day.

The due date or the final day for filing 2019 federal income tax returns is April 15, 2020, for the majority of the individual taxpayers. This time around there is an expectation by the IRS for more than 150 million tax filing individuals. Now that is a significant number, with a major chunk of these returns being filed before the April due date.

The IRS commissioner Chuck Rettig made a public statement saying: “As we enter the filing season, taxpayers should know that the dedicated workforce of the IRS stands ready to help" and to that he added-  "We encourage taxpayers to plan ahead and use the tools and information available on IRS.gov. The IRS and the nation's tax community are committed to making this another smooth filing season." Overall the revenue commissioner’s statement had a positive connotation to it, encouraging the taxpayers to use the government’s tools and resources to the best of their benefits. And indeed we should rely on the IRS tools and website as it is the most authentic and verified source.

Its seen that almost every year, taxpayers have n number of questions and doubts regarding early tax filing. There might be confusion because many tax professionals and software companies start to accept tax returns before the actual opening day, (this year-January 27, 2020). Doing this doesn’t actually mean that your tax return would be filed early, this just means that you submitted your documents on an earlier date, but the actual tax filing would take place only after the opening date. These software companies and tax professionals will submit returns only when the IRS system opens. The very same concept applies to the IRS Free File program.

In order to get faster tax refunds, the IRS strongly prompts taxpayers to file their tax returns electronically.

Chuck Rettig said that"The IRS encourages everyone to consider filing electronically and choosing direct deposit," and "It's fast, accurate and the best way to get your refund as quickly as possible."

According to the IRS, the opening date is set as January 27  in order to ensure the readiness and security of the tax processing systems and to render attention to the potential impact of recent changes and volatile yet vital tax legislation on 2019 tax returns.

Tax inclusion is very necessary for any economy to gain progressive growth Yes, there is an extensive set of tools and guides on the IRS website to aid the tax filers and tax preparers and these should be religiously referred to in case of any doubt as the IRS website is the only official and the utmost reliable source for said matters. This is going to be a busy time for CPAs and accountants, but we should not lose cool. Tax preparers should be vigilant and look out for errors in transactions and try their best to not miss out any tax transactions when filing to avoid IRS notices and penalties. We should try to get our documents in order well ahead in time to avoid the last-minute anxieties.

Yes, the tax season does seem intimidating but there is a large time window to get things in order, all that’s required is vigilance and patience on our part.

Share this post on

Start Your Free Trial

Testimonials

Continued support

I would like to thank you for your continued support. I’m so glad everything turned out well. I owe you one.

Vishal Savadiya

Prompt service

George was outstanding; he fixed my issue within a couple of minutes and got me back to work! Thank you for such prompt service!

Lyndsey Chapman

Best tech support

Your tech person resolved this issue to the best of my satisfaction. He is very knowledgeable, helping and nice person. Thank you for this help.

Bipin Bhatt
KB Accounting & Tax Services

Exceptional service

I appreciate the exceptional service that Duke Williams always provided us at JS Morlu. He is patient, knowledgeable and extremely helpful.

John S. Morlu
Global Managing Partner

Quick response

As always, It was a very positive experience having your technician solve the issue we were currently experiencing.

Brad Pollack
Retail Service Options

Kristi PArker

Was assisted with permission setting, easy process. Thank you.

Origin Books

Mary L Zembruski

They have always promptly resolved any issues I have contacted them about.

Wilson Landscaping

Christopher Hutzel

Easy of working and very helpful

Christopher Hutzel
Compactor Service

Mandy Leong

Great customer service

Mandy Leong
Managed Staffing

Taylor Hill

Not a problem since I started years ago. Support is amazing and couldn’t be quicker. Just tonight, I emailed them and within 1 hour David helped me through an issue and resolved it as quick as I could have asked. Glad I found these guys.

Taylor Hill
Hill Tax, Payroll & Bookkeeping

Serina McCoy

Service was very quick to resolve the issue we had with logging in. Michael Olson emailed and called with in a few minutes on realizing we had an issue and had us back up and working quickly.

Serina McCoy
Gilberts Mobile Service

Mark Tevrucht

thank you reason for stars is my opion nothing is perfect

Mark Tevrucht
T&T AUTO & TRUCK

Nancy Evans

Easy to work with Aaron.

Nancy Evans
Nancy P Evans CPA PC

Tom Cloninger

Excellent service! Very responsive!

Tom Cloninger
RAN Accounting & Consulting

Rich Durso

Anderson solved my issue quickly and efficiently!

Rich Durso
RTD

Juli Hale

We’ve been very happy with the service so far. I would highly recommend Sagenext for hosting QuickBooks and other software. Thank you Michael Olson!

Juli Hale
Vico Plastics, Inc.

Nabila Qureshi

Great Customer service and support. Will highly recommend Aaron was very helpful and knowledgeable

Nabila Qureshi
Tax King USA Inc

Yelena V Moshkovsky

Great service with persistence to solve the issue and easy to reach. Anderson was a lot of help with my remote desktop issue.

Yelena V Moshkovsky
Supporting Strategies

IT Director

Sage Next have been great. We moved from 2 other quickbooks hosting providers to SageNext because it is the fastest server we could find which makes working on it much easier for our team. That plus their team is always available and very helpful!

IT Director
American Foods

Victoria

Very happy with the functionality of the hosted environment and excellent customer service. A human always answers the phone quickly and is always knowledgeable and resolve any issue quickly. Thank you Michael and your support team.

Victoria
Abacus

Cristen Rolen

Worst support team who are getting more time ever.

Cristen Rolen
Cristen CPA Firms

Ed

Aaron was extremely helpful, and resolved my issue quickly and professionally. Sagenext hosting services has been reliable, and support has always been great.

Ed
Zigo Associates

Peg Kelly

Michael Olson was very helpful, professional, knowledgeable and kind. He’s a keeper should have more employees like him. Highly recommend Sagenext.

Peg Kelly
All Star Therapy

Jon Graff

Support has been terrific, every time I’ve had issues I’ve been able to get help quickly which has resolved any issues. Michael Olson recently helped me resolve a backup issue. Thank you Sagenext

Jon Graff
The Reason Foundation

Candi

Prompt support when needed!

The College Music Society

Stacy

Sage is wonderful! Aaron was an incredible help to me!

Elfand & assoc

Brenda

Thank you so much! I use Quickbooks on their servers and they are very helpful for all my computer needs. Thank you Michael for your great support.

BDKdoor

Gwendolyn Terrell

Customer Service was great they was able to fix the issue in a timely matter.

National Tax Center

Newsletter

Free Trial

Sagenext Trial