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IRS Announces Delay in Tax Filing Season
WASHINGTON -- The IRS has announced a delay to the start of the 2014 tax filing season. The delay is expected to be anywhere from one to two weeks. The IRS says this is to allow time to program and test processing systems following the 16-day government shutdown.
According to Acting IRS Commissioner Danny Werfel, the IRS is looking into options to shorten the delay and will announce a final decision this December.
The government shutdown came during the peak time for IRS systems to prepare for the 2014 filing season. About 90% of IRS operations were closed, putting the system nearly 21 days behind.
The adjustment to the start of the filing season provides us the necessary time to program, test and validate our systems so that we can provide a smooth filing and refund process for the nations taxpayers. We want the public and tax professionals to know about the delay well in advance so they can prepare for a later start of the filing season, says Werfel.
The IRS was processing 1 million items before the shutdown and received 400,000 pieces of correspondence during the shutdown.
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US existing home sales rise in September
WASHINGTON (AP) -- U.S. homes sold in September at their fastest clip this year, yet the housing market has yet to fully shake off a slowdown that began in the middle of 2013.
WEST PALM BEACH, FL -- (Marketwired) -- 03/21/14 --
Companies that pride themselves on being eco-friendly may have conflicted
ideas between marketing with ad specialties and maintaining their green
"BUFFY" ACTOR BUSTED
BOISE, Idaho (AP) -- An actor who starred in "Buffy the Vampire Slayer" says he's sorry for misbehaving at an event in Idaho this past Friday.
WATER THEFT CHARGE
NEWARK, N.J. (AP) -- The owner of a northern New Jersey business found himself in hot water after admitting his role in a plan to steal at least $100,000 worth of water from a local utilities authority.
IN THE NEWS: iPHONE SALES
SAN FRANCISCO (AP) -- Apple' profit picture is brighter these days -- due to the success of its recently released, larger iPhones.
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