Thursday, January 04, 2007

Certain Deductions May Delay the Processing of Your Return

The IRS announced that due to recent changes in the law they announced that a certain percentage of returns would be delayed in their processing. In particular, returns with a state and local sales tax deduction, higher education tuition and fees deduction, and educator expenses deduction. If you will be claiming any of these deductions and would like to have your return processed faster you should e-file your return. Returns that are e-filed tend to have fewer errors and are processed faster which means that if you are entitled to a refund you will get that faster too! You can read all of the IRS’s advice at www.IRS.gov.

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