It is common for the IRS to waive Failure to File (FTF) and Failure to…
IRS Will Begin Processing Returns Impacted by 2010 Tax Changes on February 14, 2011
The delay in filing the 2010 Form 1040 for many individuals previously mentioned by the IRS will be over on February 14, 2011.
The delay impacts filers who will itemize on Schedule A or claim above-the-line deductions for higher education tuition and fees or educator expenses. The IRS will begin accepting those returns on February 14, 2011.
If you are not one of the individuals mentioned above you can file your return immediately. Call us today if you have any questions.
-EAE