What are the 2015 Refund Cycle Dates?

Once upon a time, there was an IRS refund cycle chart that told taxpayers when they could expect to receive their tax refund.

Don’t plan on the IRS posting a 2015 Refund Cycle Chart. In 2012, the refund cycle chart fairy tale ended and the IRS eliminated the chart.

However, there are still helpful tools out there to help filers get an idea on when they can expect to receive their tax refund in 2015. Since each year differs slightly, you can check out the 2016 refund cycle dates HERE.

Where do I go to find out when I will receive my refund?

The IRS no longer posts a tax refund chart, however, they did post an article last year explaining a refund tool available on their website called “Where’s My Refund?”. Once your 2014 tax return is filed, you can check your refund status on the IRS site. You’ll need to enter the following information;

  • social security number
  • filing status
  • refund amount.

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When Can I File a Business Tax Return?

Do you have to file a business tax return?  The IRS recently announced they will accept 2013 business tax returns starting today, Monday, January 13, 2014.

The first day to file a business tax returns, January 13, falls 18 days before the first day to file 1040 returns (1040 tax filing start date is January 31st).  If you need to file a business tax return with income derived from forms 1065 or 1120S , you can today on RapidTax.

Business tax returns accepted by the IRS starting on January 13,  include any return on the IRS Business Master File (BMF). BMF returns include the following federal forms:

  • 1120 (corporations)
  • 1120S (S corporations)
  • 1065 (partnerships or entities taxed as partnerships)
  • 1041 (trusts and estates)
  • 720 (excise)
  • 940 (FUTA)
  • 941 (FICA)
  • 2290 (Heavy Highway Vehicle Use Tax)

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When Does 2014 Tax Season Begin for Filing 2013 Taxes?

The IRS announced the 2014 tax season is January 31-April 14, 2014.

Have you been wondering when you can file your 2013 taxes? The IRS announced the start of the 2014 tax season is January 31, 2014 for individual taxpayers. However, at RapidTax you can prepare your 2013 tax return starting on January 1, 2014.

Anytime throughout the month of January you can create an account on RapidTax and prepare your 2013 tax return.

Continue reading “When Does 2014 Tax Season Begin for Filing 2013 Taxes?”