All posts by Marlee Garton

Why the 2019 Tax Season Could Get Off to a Rocky Start

By Dan Caplinger

Nov 18, 2018 at 6:01PM

Taxpayers have a number of deadlines they have to meet every year. Many of them wait until the last minute to complete their tax returns or file for extensions, facing the danger of costly penalties if they don’t get things done in time.

You don’t often hear about the IRS needing an extension to get its part of the tax puzzle completed, but that’s exactly what could happen this year. The magnitude of changes to the tax laws over the past year has made the Internal Revenue Service’s job a lot more complicated this year, and according to a recent report from a government official charged with oversight responsibility for the IRS, the tax agency could have a tough time starting the 2019 tax season on time.

Brick wall with Internal Revenue Service plaque, next to a red traffic light.

IMAGE SOURCE: GETTY IMAGES.

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