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After shutdown, IRS says 2014 tax-filing season will be delayed

Last month, the federal government shut down for 16 days. A few weeks ago, we discussed in a blog post how the shutdown would affect the operations of the Internal Revenue Service. By the end of the shutdown, the IRS had acquired a large backlog that it had to work through, which meant possible delays on returns and other requests. Now, however, the shutdown's effects are reaching all the way into next year's tax season.

According to the IRS, next year's tax filing season will be delayed by up to two weeks. Normally, taxes could be filed as early as Jan. 21, but in 2014, the IRS says tax season could start as late as Feb. 4. Tax forms will still be due by April 15.

As some Georgians may remember, this is not the first time the IRS has had to push back the start of tax filing season. Last year, the changes to the tax code in response to the fiscal cliff resulted a delayed start as well. Unfortunately, this year's delay could leave some people waiting longer than normal for a return.

So far, however, tax preparers seem to be ready for the shorter filing season. One analyst says most companies have a plan in place to make sure all customers' returns are filed on time.

Many people in Georgia choose to file their taxes as early as possible to get a refund check faster. Unfortunately, the effects of the government shutdown could leave some waiting longer for a much-needed financial boost.

 

Source: CNBC, "US 2014 tax-filing season delayed up to 2 weeks: IRS," Oct. 23, 2013

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