In the wake of changes made by Congress under the American Taxpayer Relief Act (ATRA), the new income tax season will not begin before January 30, 2013. It is important that taxpayers are aware of the impact these changes will have on the upcoming tax season. Below are a few important reminders:
• The IRS will begin accepting tax returns electronically on Wednesday, January 30, 2013.
• The IRS will not process paper tax returns before the anticipated January 30, 2013.
• There is no advantage to paper-filing before the opening date of January 30, 2013.
• Taxpayers will receive their tax refunds much faster by using e-file with directdeposit.
• The best option for taxpayers is to file electronically.
• The IRS has a special unit to handle identity theft cases. It is called Identity Protection Service Unit (IPSU)
• Identity Theft Victims should complete the IRS Identity Theft Affidavit, Form 14039 with their tax return.
• Taxpayers should use caution and choose preparers they can trust.
• Taxpayers should stay away from tax preparers who advertise high refunds.
• Taxpayers should not hesitate to ask tax preparers for their credentials and affiliations. Tax payers should remember that when they sign a return, they are responsible for all the information on the return.
Last but not least, the Taxpayer Advocate Service (TAS) is your Voice at the IRS (Phone #:1-877-777-4778). Their job is to ensure that every taxpayer is treated fairly. Their job is to ensure your rights are protected.