Government Shutdown Delays 2014 Tax Season
"The IRS said Wednesday that it would not start processing 2013 tax returns until January 31 next year -- 10 days later than originally scheduled," CNN Money reports. "The agency cited the 16-day partial government shutdown in October as the reason for the delay. The shutdown put the vast majority of IRS operations on ice and interrupted the process for updating IRS systems for the 2014 tax season. ... So what does the 10-day delay in the 2013 tax season mean for feet-dragging tax filers who always get their returns in just under the wire in April? The short answer is nothing. The due date for returns remains April 15, which is set by statute. But, the IRS noted, if you're really pressed to make that deadline, you're free to request an automatic six-month extension for filing your return -- although any taxes owed should be paid by April 15, lest you risk owing interest and penalties."
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