Ready, set, file. The IRS has announced that it will begin accepting 2019 e-filed business returns on Jan. 7 and will begin accepting individual returns on Jan. 27. The tax agency noted that while individual taxpayers may get their returns prepared using a tax professional before the start date (or use software programs), the processing of those returns will begin after IRS systems open on Jan. 27. The deadline to file 2019 individual tax returns and pay any tax owed is Wed., April 15, 2020. “More than 150 million individual tax returns for the 2019 tax year are expected to be filed, with the vast majority of those coming before the traditional April tax deadline,” the IRS stated.
