The 2016 tax brackets just announced by the Internal Revenue Service don’t include dramatic changes, largely because of low inflation last year.

The brackets will rise about 0.5 percent, the IRS said, meaning a $50 increase for single filers in the lowest tax bracket up to a $2,100 increase for married filers in the highest tax bracket. Read more »

IRS Announces Tax Return Filing Season Opens January 11, 2016. When can we file taxes for 2016?

Are you ready to file your 2015 Tax Return? It’s not quite time for that yet, but the time is coming. If you are awaiting a 2016 tax refund, you cannot get it until you file your 2015 tax return, and the IRS say it will start accepting tax returns starting January 11, 2016. The IRS do not expect any hold ups this year with all of the tax extenders being passed last year. 2016 Tax Season will open as planned in 2016. When can we file taxes for 2016?

The IRS will begin accepting 2015 tax returns electronically on Jan. 11. Paper tax returns will begin processing at the same time. This means that unlike prior years, the IRS will be accepting 2015 tax returns much earlier. This should also speed up tax refunds in your bank account.

Last year 2014 Tax Returns began being accepted January 20th 2015. This is giving us a 9 day leap from prior year. This is information from last year, “We have reviewed the late tax law changes and determined there was nothing preventing us from continuing our updating and testing of our systems,” said IRS Commissioner John Koskinen. “Our employees will continue an aggressive schedule of testing and preparation of our systems during the next month to complete the final stages needed for the 2015 tax season.”

The IRS reminds taxpayers that filing electronically is the most accurate way to file a tax return and the fastest way to get a refund. According to the IRS statement, there is no advantage to filing tax returns on paper in early January instead of waiting for e-file to begin. The IRS says more information about IRS Free File and other information about the 2016 filing season will be available in January.

Check out 2016 IRS Tax Schedule for Tax Year 2015, here.

2016 IRS Tax Schedule for 2015 Tax Year

Tax Season 2015This is a refund cycle chart for 2016 IRS Tax Schedule. Direct Deposit and Check date’s below. Please see disclaimer. 2016 tax refund schedule is listed below for information purposes.  Find out when you’re state income tax refund will be in. The I.R.S will begin accepting tax returns January 11th, 2016.

Read more »

IRS Smartphone App IRS2Go Updated.

If you already have the app, go to our apps and update it. Get the “Where’s my refund?” app on Android & Apple IPhone/IPad/IPod App.

Updated IRS Smartphone App IRS2Go Version 5.0 Now Available

WASHINGTON — The Internal Revenue Service today announced the release of IRS2Go 5.0, an update to the only official IRS smartphone application, compatible with both Apple and Android devices. Read more »

We updated our IRS E-File Cycle Chart today to account for the IRS changing the payout dates from Thursday to Wednesday. Check out the changes and please let us know if you find any problems.

2015 IRS Tax Refund Schedule.

Having trouble with the IRS Where’s My Refund tool? Here are some handy tools to decipher your way around this.

How to read your IRS tax account transcript.

Tax Topic 151

Tax Topic 152 Read more »

Walmart will turn tax refunds into immediate green this year by offering cash refunds at all of its stores, the retailer said Tuesday.

Walmart is partnering with 25,000 tax-preparation locations in all 50 states to give consumers the option to receive their tax refund as cash, and at a lower price than it can sometimes cost to get a paper check refund. Walmart won’t charge customers to pick up their refunds, but tax preparers could charge up to a $7 fee to filers who opt for the service. Read more »

The IRS began accepting and processing individual tax returns today

WASHINGTON — The Internal Revenue Service today opened the 2015 tax season by highlighting a growing array of online services and encouraging taxpayers to check out a variety of tax benefits, such as the often-overlooked Earned Income Tax Credit. The IRS began accepting and processing individual tax returns today.

The IRS had announced the official start to 2014 Tax Filing season at the end of December 2014. They will begin accepting 2014 individual and business income tax returns today, January 20th, 2015. Many individuals had their 2014 tax returns accepted early by the IRS last week. Read more »

IRS Tax Schedule Changes. IRS Start up Tax Season early for testing of acceptance system

The IRS have started accepting a limited amount of tax returns for testing purposes of the IRS system.
Great news! The IRS have begin testing for the upcoming Tax Season 2015.

We have reports from our affiliate RefundSchedule.com that the IRS have accepted several lucky tax payers to have their IRS tax returns accepted early. This does not include state tax returns as far as we know. They accepted January 14th through January 16th for these lucky few. More details:

Early reports of IRS approving many tax returns ahead of time.

 

Want to get your 2014 tax return back quick? E-File now.

 2014 Tax Return Back QuickThe IRS recommends filing as early as possible and e filing to speed up the process. This way no matter the delay, you will first in line to have your tax return processed and receive your 2015 tax refund promptly. IRS have released most tax forms to handle most situations, but even if they haven’t released your form you can still e file with most tax softwares. If you plan to e file with a local company then you will need to wait until the official start of 2015 IRS Tax Season, January 20th 2015.  2014 Tax Return Back Quick Today! Read more »

When can I file my Taxes 2015?

When can I file my Taxes 2015? 2014 Tax Return

When can I file my taxes 2015?  We can see how you would be confused. The important thing to remember is you always file your previous year’s taxes in the year following. So in 2015, you will file your 2014 tax return. We have been working to get a list of helpful dates and deadlines for filing your income taxes in 2015 (2014 Tax Return).  Want to keep updated on what’s going on with your 2014 taxes? Follow us on Facebook or on Twitter.

 

January 6, 2015

Read more »