The IRS announced today that tax returns for 2016 (filed in 2017) will be accepted starting Monday, January 23, 2017. You may file returns before that date but the IRS will not be processing returns until January 23rd.
Returns claiming the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) will be reviewed more closely and any refunds claiming these credits will not be issued until at least February 15, 2017 and the IRS cautions taxpayers with these credits may not get refunds until February 27, 2017, at the earliest.
Normally Individual Income Tax returns are due by April 15th but that day falls on a Saturday so the deadline will be Tuesday, April 18, 2017 due to the preceding day, April 17, being a legal holiday (Emancipation Day) in the District of Columbia and the IRS will not process returns on that day, even in offices outside of DC.
Your tax preparer can begin tax preparation in January but remember your returns will not be accepted by the IRS until January 23rd and some refunds may be delayed so please keep this in mind when preparing your taxes this year.
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Thomas C. Hodge
Hodge Group LLC
3943 N. Austin Avenue
Chicago, IL 60634
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