New tax law in effect for this filing season. If you have any of these tax credits; College Education credit, EIC (earned income credit), or refundable Child Tax Credits; you can file your return as normal starting January 23, 2017, but the IRS can not issues refunds until after February 15 for these refunds and anticipate that it will be February 27 before they start issuing these refunds.
Also if you have Education credits, Taxpert will need to see your 1098T or an actual itemized statement from the college or colleges attended for each student. New rules hold us accountable for verification and fines are up to $5,000 per tax return we fail to verify properly.
We have the same rules on the other two credits and therefore must see Social Security cards for new children on your return and birth certificates if their last name does not match taxpayer or spouses last name. again we can be fined up to $5,000 per person we fail to properly verify on the return per credit.