Despite the government shutdown, The IRS announced tax season is set to open Monday, Jan. 28. The staff at The Old Tax House is ready to begin, and is prepared to answer any questions taxpayers have about early filing.
“If you have your tax documents, we can begin preparing your return and will electronically submit it as soon as the IRS systems are open,” Stacy Sifuentes, manager of The Old Tax House, said. “Keep in mind that some returns, such as those claiming the Earned Income Tax Credit or the Additional Child Tax Credit, will be delayed for verification purposes and the IRS will not begin processing these returns until Feb. 15.”
This is the year the IRS is working on implementing the Tax Cuts and Jobs Act of 2017 [TCJA].
“I’ve been in this industry for over 25 years and this season we will see more changes for our clients than any other year that I can remember,” Sifuentes said, regarding the concerns she said some people have over the TCJA. “We’re expecting that taxpayers will have questions about how these changes will affect them; in fact, we’ve been talking with clients about that for some time now and have been able to help them understand the impact and alleviate their concerns.”
Though you may hear about changes this season, it’s good to know some things stay the same. The Old Tax House has been a part of this community for 42 years.
Visit The Old Tax House’s website to schedule an appointment or stop in and drop off your tax documents.
8810 Veterans Memorial Pkwy. • O’Fallon