Recent tax
reform legislation has introduced uncertainty to the beginning of the 2018 tax
season. The IRS has yet to declare an opening date for e-filing and approvals
for key tax forms are being withheld pending finalization of new regulations.
These delays are affecting the entire tax software industry and will require
governmental action after the New Year’s holiday to permit any technology
providers to progress further toward seasonal readiness.
The Refunds
Today team wants you to know that we are continuously monitoring the situation
and communicating directly with the IRS to ensure that we are prepared for the
start of the filing season. Our teams are ready to handle any necessary changes
and support our valued customers to ensure their success this season.
Owing to
delays in final passage of the “Tax Cuts and Jobs Act” and pending extenders
legislation, we are adjusting estimated availability dates for some forms and
e-file types. The next Refunds Today software updates are scheduled for
early January and will enable e-file capabilities. However, IRS approval of new
forms will still be required and the Refunds Today forms library will be
updated as quickly as possible once we receive those approvals.
We share your concern
about these developments and are taking steps to be as responsive as possible
to this evolving situation