Business eFile end date

 We will stop accepting incoming e-files for business returns on Tuesday, December 22, 2020 @ 6:00pm EST. This is two business days in advance of the IRS e-filing shutdown, thus giving IRS and state agencies a window of time to provide acknowledgements (or, ACKS) back to you before the IRS shuts down e-filing completely on Saturday, December 26^th at 12:00Noon EST. To explain how this affects you:

• 2017 business returns: We will permanently shut down all 2017 EFC Services on Tuesday 22 DEC 2020 @ 6:00pm EST). If you still need to transmit 2017 returns, you should transmit them as soon as possible to receive ACKS before this deadline. After December 22^nd, no further acknowledgements will be received or delivered to clients; if you try to transmit a 2017 return, you will receive a "404 – Not Found" error.

• 2018 and 2019 business returns: After Tuesday, December 22, 2020 @ 6:00pm EST, 2018 and 2019 EFC will continue to return available IRS\State Acknowledgements until the IRS closes business operations on/around Saturday, December 26th, 2020 at 12:00 Noon EST. You will be able to receive outstanding ACKS once the IRS resumes business operations in January.

In addition to this e-filing shut down, the EFC will also stop all EFC reporting on Tuesday, December 22, 2020 @ 6:00pm EST. 

IRS News: IRS issues scam warning to EROs

 

The Internal Revenue Service today warned Electronic Return Originators of an identity theft scam targeting EFIN holders. Fraudsters posing as a “contractor” for the IRS may contact EROs, suggesting they are verifying or checking on the ERO’s EFIN acceptance letter. The scammers may request that the ERO email them a copy of the EFIN acceptance letter and provide a telephone number to call for questions. As with all scams, this one can evolve and the elements may change. EROs should remain vigilant and take steps to protect their identities and taxpayer data. EROs who receive contacts from individuals posing as the IRS should contact the Treasury Inspector General for Tax Administration at www.tigta.gov to file a complaint. EROs who received a contact and disclosed their acceptance letter should contact the e-Services help desk immediately.

NJ State News: Automatic Extension for 2020 CBT Returns for Certain Fiscal Tax Year Filers

 One of the changes resulting from the enactment of P.L. 2020, c. 118 (which was signed into law on November 4, 2020), was a change in the original due date of a Corporation Business Tax return to 30 days after the due date of the federal return. In general, this means that a return is due on the 15th day of the month following the due date of the federal return. This may impact some taxpayers' original due dates.

The 2020 Corporation Business Tax returns (Forms CBT-100, CBT-100U, BFC-1, BFC-1-F, and CBT-100S) are currently in the process of being updated to incorporate the new law's changes, which is delaying the start of the filing season.

Taxpayers with returns that have an original due date that falls anytime between November 15, 2020 and March 15, 2021, are granted an automatic extension to file their tax returns by April 15, 2021. A taxpayer will not be charged late filing penalties if the return is filed by April 15, 2021 (the extended due date). This extension applies only to the filing of the return and does not extend the time to make all required payments. (Note: If a due date falls on a weekend or a legal holiday, the return and payment are due on the following business day.)

Affected taxpayers that apply for an extension of time to file have 6 months from the original due date to file their tax returns. If you are filing form CBT-100, CBT-100U, or BFC-1 (BFC-1-F) and your year ended on July 31, 2020, you must file your tax return on or before June 15, 2021, which is 6 months after the original due date of December 15, 2020. If you are filing Form CBT-100S and your year ended on July 31, 2020, you must file your tax return on or before May 15, 2021, which is 6 months after the original due date of November 15, 2020.

PaperlessPLUS 20.0 Download

 

Customers who downloaded PaperlessPLUS 20.0 for use in a network environment may experience issues accessing the product (standalone users are working as expected). Our team is actively working to resolve this issue and we will provide a product update later this week.

 

We have temporarily removed the PaperlessPLUS download from the Refunds Today support site and will replace it with an updated release as soon as it is available.

 

We apologize for any inconvenience. We will keep you updated on our progress resolving this issue.