Tax Filing to be Delayed for Some Taxpayers

The IRS has issued Information Release (IR-2011-1) that specifies taxpayers with the following issues need to wait until mid to late February to file their 2010 individual income tax returns.

  1. Itemized deductions on Schedule A.
  2. Claiming higher education tuition and fees deductions.
  3. Teachers claiming the Educator Expense Deduction.

To read IR-2011-1 please click the following link IR-2011-1

This article was written by Jay Kossen, CPA at Numerico, PC. Click here to view Numerico’s website.

About Melissa Demorest LeDuc, Attorney

Melissa focuses her practice on business formation, mergers and acquisitions, real estate transactions, other business transactions, and estate planning. Melissa has particular experience with family-owned businesses, hotels, apartment complexes, and bars/restaurants. Read More

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