IRS Accepting All Federal Income Tax Returns

The Internal Revenue Service is now accepting federal income tax returns from all individual and business taxpayers.

The agency began accepting returns in phases earlier this year as it worked to update various forms and instructions as well as make adjustments to its processing systems to reflect the American Taxpayer Relief Act, which was enacted by Congress in January.

Now, those claiming residential energy credits on Form 5695 and various business tax credits and deductions can file their returns.

There are just six weeks left to go before the April 15 deadline. According to the IRS, the most accurate method of filing is to e-file, choose direct deposit if expecting a refund and taking advantage of the tax-filing resources on the agency’s website.