Tuesday, January 2, 2018

Tax Season Uncertainty

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

Tuesday, December 19, 2017

EFC will stop accepting Business returns Friday, December 22nd



IRS Business Modernized E-File, the system that processes electronically-filed business returns, will shut down on Tuesday, December 26th. At that time, the agency will perform annual maintenance and reprogram the system for the upcoming 2018 tax filing season.

The Wolters Kluwer TAA Electronic Filing Center (EFC) will stop accepting Business E-files Friday December 22nd at 6:00pm Eastern.

The EFC will continue to retrieve acknowledgements from IRS until Tuesday, December 26th at midnight Eastern.

The EFC will continue to deliver acknowledgements to customers until Wednesday December 27th at midnight Eastern.