The IRS announced that E-filing will open for 2020 tax returns on February 12th, kicking off the 2021 tax season. And like last year, this year will be a chaotic one for the IRS. So, it’s best to start early. Here’s what you need to know:
When are Taxes Due?
Individual and corporate tax returns for tax year 2020 are due by April 15th, 2021. For partnerships and S Corporations, the deadline is March 15th, 2021.
Thanks to delays associated with Covid-19, it’s important as ever to get ahead of these deadlines and file early. As we’ve covered previously, the IRS is still behind on processing 2019 tax returns – particularly those that were mailed physically.
To get ahead of the pack and ensure your refund arrives on time, file as early as possible, and file electronically (E-filing).
When Does E-Filing Open for 2020 Tax Returns?
The IRS will start accepting electronic returns on February 12th.
File Your Taxes with Boxelder Consulting
While we wait for E-filing to open, you can always get started filling out your tax returns early. At Boxelder Consulting, our in-house accounting department makes accurate tax filing easy. Give us a call at 303-317-6111 for a free consultation.