IMPORTANT DATES FOR THE UPCOMING 2016 INCOME TAX SEASON
Article summary below from Intuit Inc.
The Internal Revenue Service announced that it will begin accepting electronic tax returns on Monday, Jan. 23, 2017. With more than 153 million individual tax returns expected to be filed in 2017, the IRS expects more than four out of five tax returns will be prepared electronically.
Important income tax dates:
The IRS will hold refunds claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) until Feb. 15.
The filing deadline to submit 2016 tax returns is Tuesday, April 18, 2017, rather than the traditional April 15 date.
The IRS also reminds taxpayers that they should keep copies of their prior-year tax returns for at least three years.
Business return due dates: While S-corporate returns remain the same, March 15, 2017, Partnerships are now due March 15, 2017, and C Corporations are now due April 15, 2017).