Tax & Financial News of The Week

Happy Friday! It's been a great week here at Common Form HQ. The weather in San Diego is beautiful, the birds are chirping, and W-2s are starting to be mailed out. It's a great time to be a tax software company! :-)  

Here's a quick summary of the tax and financial news that caught my eye this week.

 

IRS Began Processing Tax Returns on January 20. IRS e-file began processing tax returns on schedule on Tuesday January 20. 2015, marking what many consider the official opening of tax season. IRS also began processing paper returns. If you submitted your return with tax software before 1/20, it will submitted to IRS on a first in, first out basis.

 

Phishing Remains on the IRS “Dirty Dozen” Tax Scams for 2015. The Internal Revenue Service today warned taxpayers to watch out for fake emails or websites looking to steal personal information. These phishing schemes continue to be on the annual IRS list of “Dirty Dozen” tax scams for the 2015 filing season.

 

Common Form Partners with Tax Act. On 1/21/15, We announced a partnership with TaxAct, enabling Common Form customers with complex finances an easy way to file their taxes online. We are very excited about this partnership and our newfound ability to service all individual tax filers, regardless of tax complexity.

 

Have a great weekend!

Bill