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Are You Ready for Tax Season?1

January 22nd, 2016 by

The New Jersey Society of Certified Public Accountants (NJCPA) reminds us that Tax Season is going to open on time! Beginning on January 19, 2016 the IRS will begin accepting electronic returns as scheduled. Recent reviews of tax extenders signed into law on 12/18/15 were a cause for concern regarding possible delays in opening of Read More

Are You Ready for Tax Season?

January 21st, 2016 by

The New Jersey Society of Certified Public Accountants (NJCPA) reminds us that Tax Season is going to open on time! Beginning on January 19, 2016 the IRS will begin accepting electronic returns as scheduled. Recent reviews of tax extenders signed into law on 12/18/15 were a cause for concern regarding possible delays in opening of tax season. The 52 tax provisions in question had expired and the law signed by President Obama made them either permanent or temporarily extended. These changes according to IRS Commissioner John Koskinen, will not delay the opening of 2016 tax season. Additionally, tax payers will