Press Information For Immediate Release January 9, 2013 |
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CONTACT: Martha O’Gorman Chief Marketing Officer (800) 790-3863 ext. 8022 martha@libtax.com |
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IRS Delays Tax Return Processing Again
Virginia
Beach, VA (January 9, 2013) – Liberty Tax Service is alerting
consumers today of yet another delay to the
official beginning of the 2013 filing season. The Internal Revenue Service has announced
it now plans to begin processing individual income tax returns on January 30th,
eight days later than originally targeted. The announcement means that the vast
majority of tax filers -- more than 120 million households -- should be able to
start filing tax returns starting January 30th. To further frustrate
the situation, refunds could be delayed to mid to late February.
“This has been an epic beginning to tax season 2013,” said CEO and founder of Liberty Tax Service, John
Hewitt. “I’m starting my 44th tax season looking at the worst delays
in filing I have ever seen. Fortunately,
we have the most experienced management team of any tax preparation company and
are ready to navigate these rough waters.”
Due to the last-minute
tax law changes made by Congress under the American Taxpayer Relief Act (ATRA),
the IRS has scrambled to update forms and make critical programming changes to
its processing systems. They also anticipate that the remaining taxpayers will
be able to start filing in late February and early March because of the needed
changes on the more extensive forms and processing systems. The IRS provides a full
listing of the forms that are currently not being accepted on their web site: IRS.gov.
"Liberty Tax
is staying in contact with the IRS to keep abreast of the release of these
updated forms. And we are fully prepared to move forward and help our customers
get their money as quickly as possible," said Hewitt.
The IRS emphasizes
that there is no advantage to filing on paper before January 30th. They
also reiterate that taxpayers will receive their tax refunds much faster by
e-filing their return. More than 80 percent of taxpayers filed electronically
last year.
January 22nd was
the originally planned date the IRS set to open electronic filing this year.
As a major leader in the tax preparation
industry, Liberty Tax Service will be working alongside the IRS to help the
American people with the delays this tax season and to ensure they receive the
most current and accurate tax assistance.
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About Liberty
Tax Service
Founded in 1997 by CEO John T.
Hewitt, Liberty Tax Service is the fastest-growing tax preparation franchise
ever. Liberty Tax Service has prepared over 10 million individual income tax
returns to date. Liberty Tax Service and its nationwide network of over 30,000
tax preparers are ready to offer their assistance at any time. For a more
in-depth look at Liberty Tax Service, visit www.libertytax.com.
CEO and founder, John Hewitt, is available for media interviews starting today.
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