For those who want to file taxes online, the Internal Revenue Service has announced that the proposed official opening date is January 20, 2017 for filing taxes online. This will be the first day that you can file your 2016 tax return.
If you normally receive a refund, this will be good news for you. In previous years, the opening date was delayed for a variety of reasons, but none of the prior year problems are evident for this year.
I can just hear some of you saying “There is no free lunch” let alone free tax filing, but there actually is – free online tax filing, that is, if you meet certain conditions.
Most of us feel that paying or over paying on income taxes is bad enough, and then we get hit by a high fee from our tax preparer. It just creates more frustration knowing that our tax code does not have to be so complex.
It’s so bad now that even a lot of tax preparers don’t fully understand it. The primary reasons for the current confusion and complexity are politicians and other special interest groups with enough financial backing to buy their lawmaker’s votes.
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