The first official electronic filing date is January 20, 2015 this year. The five day delay is due to late tax law changes and budget cuts. This year IRS has implied that refunds will be delayed because of budget cuts. I have noticed that IRS has consistently been delaying the issuance of refunds. The larger the refund, the greater the delay.
In past years, I was able to tell you exactly what date you would receive your refund. This is no longer the case. IRS will no longer provide a refund schedule. In order to circumvent this problem in the future, we are proactively asking our clients to adjust their withholdings and estimated tax payments in order to NOT receive a refund. We are offering you a W4 analysis for $197 to get you to the right tax withholdings so you do not end up with a refund. It is better to get your money all year long versus waiting on IRS to send you a refund during the tax filing season.
Please contact our office today and request your W-4 analysis for only $197.00. We will provide you with a new W-4 to present to your employer or new estimated tax vouchers so you do not end the year with a refund. It is better to not owe IRS nor to get a refund. If your refund is below $500 or you owe less than $500, you are in a great position.
If you are not sure of where you are and have not done your W4 analysis, contact our office today at 800-878-4051 to have us prepare your W-4 analysis.