IRS Forms Problem: Tax Relief Act Provisions
In a letter to Senator Max Baucus (D-Montana) - Incoming Chair of the Senate Finance Committee, the IRS said:
* The IRS doesn't plan to reprint the 2006 forms and instructions, so the packages that go out to taxpayers in late December and early January will not include updated information with the new tax deductions.
* The IRS will put out a specific publication highlighting the tax changes for 2006.
* The IRS needs to reprogram their computer - a task that it expects to take six weeks - and then it has to be tested. All this reworking will cause a logjam
* The IRS willl not be able to start processing on time next year which will delay refunds for early filers.
In a letter to Senator Max Baucus (D-Montana) - Incoming Chair of the Senate Finance Committee, the IRS said:
* The IRS doesn't plan to reprint the 2006 forms and instructions, so the packages that go out to taxpayers in late December and early January will not include updated information with the new tax deductions.
* The IRS will put out a specific publication highlighting the tax changes for 2006.
* The IRS needs to reprogram their computer - a task that it expects to take six weeks - and then it has to be tested. All this reworking will cause a logjam
* The IRS willl not be able to start processing on time next year which will delay refunds for early filers.
posted by Milt Baker CPA | 10:50 AM
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