Thursday 15 January 2015

IRS kicks off tax-filing season, offers Obamacare advice

FILE In this April 13, 2014 file photo, the Internal Revenue Service Headquarters (IRS) building is seen in Washington. The IRS is cutting taxpayer services to historically low levels just as President Barack Obama's health law will make filing a federal tax return more complicated for millions of families. (AP Photo/J. David Ake, File) The Internal Revenue Service said on Thursday 2015 tax-filing season would kick off this week and it is offering taxpayers online advice on how to deal with Obamacare. IRS online tax preparation will be available as of Friday and taxpayers will have until April 15 to file their tax returns and pay any tax due. The IRS said it expects to receive about 150 million individual income tax returns this year, with most of them being filed electronically. The agency said it will begin accepting and processing all tax returns, electronic and paper, on Tuesday, Jan. 20.




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