KDLT Home KDLT on Facebook KDLT on Twitter Get the KDLT iPhone App Get the KDLT Android App

Tax Accountant Adjusting To New Filing Date



Bookmark and Share

The Internal Revenue Service announced that tax season will get a late start this year. People can't begin filing their taxes until the end of the month. Not only will it mean getting your tax return check later, but tax filers are having to adjust as well.

Each year, Tim Ness says Ness Tax and Bookkeeping Service in Sioux Falls, files around 2 thousand tax returns. But this year, those returns are getting pushed back a bit.

"Our profits, our money making time is being post-poned until the future," said Ness.

Ness says because of the late changes made to tax laws, the IRS has to update their computer programs, therefore, won't be accepting returns until Jan. 30.

But those who, say, buy assetts and depreciate those assetts over time or for those who bought energy efficient appliances for their home and are looking to get an energy credit, they'll have to wait even longer. They will have to wait until late February or even March to file theirs. That's most of Ness' clients.

Ness said, "We specialize in individual, small business returns so we'll have a lot of returns that will need to wait."

And so will his employees.

"We've been put on hold a little bit and our training has started a little bit later for those people who come in and help us in tax season so it's been hard to kind of stay on top of it and kind of see how things would develop," said Ness.

But that doesn't mean Ness isn't hard at work. He and his employees are doing as much as they can as soon as they can.
    
Ness said, "We have scheduled folks to come in and get their returns prepared although at this point, their software is still in development so their not even allowing us to print the forms for people to sign so they're going to have to come back."

And when the day comes and W2's get issued, Ness believes their peak time, late January and early February, will be busier than ever.

According to Ness, the IRS won't process paper returns any sooner than electronic returns, so you're not going to gain anything by putting your return in the mail. He says it's still best to file electronically and have your return directly deposited to your bank account.
< Prev Story Back To Top Next Story >
     

SD U.S. Senate Candidates Debate At Fair

Corn dogs and pretzels weren't the only things piping hot at the South Dakota State ...

17th Annual LifeLight Begins Despite Rain   story with video

The first acts are already playing to crowds of thousands Friday evening. But before ...

Medical Marijuana Protest Held In Huron

While there doesn't seem to be a ton of open support for legalizing medical marijuana in ...

South Dakota State Fair In Full Swing  Aug. 29

Social Media Guidelines For Teachers  story with video  Aug. 29

Iowa Packing Company Ordered To Pay For Violations  Aug. 29

South Dakota Settles Lawsuit Against Omnicare  Aug. 29

Rosholt Ethanol Plant Operating After 18 Months  Aug. 29

Child Immunization Rates Up In South Dakota  Aug. 29

Bomber Crews In ND, SD Learn From One Another  Aug. 29

Upgrading Pierre Stadium Would Cost $1.2 Million  Aug. 29

Laura And Kevin Preview This Weekend's Movies  story with video  Aug. 29

Mock-Ups Announced To Fix 'Ripple Effect'   story with video  Aug. 28

Thune Addresses Grain Shipment Delays At SD Forum  Aug. 28

Name Change At Westward Ho Country Club  Aug. 28

George McGovern Honored In Sioux Falls School  story with video  Aug. 28

SFFR Conducts Natural Gas Simulation Training   Aug. 28

Employee-Only Concert At New Events Center  Aug. 28

Man Arrested After Police Pursuit, 4 Car Crash  story with video  Aug. 28

Wisconsin Woman Dies In Crash Near Rapid City  Aug. 28

KDLT News Archive
     

Social Media Guidelines For Teachers  story with video

A California school teacher is facing criticism ...

Medical Marijuana Protest Held In Huron

While there doesn't seem to be a ton of open support for ...

Upgrading Pierre Stadium Would Cost $1.2 Million

Officials say upgrading Hyde Stadium in Pierre would cost $1. ...

Bomber Crews In ND, SD Learn From One Another  Aug. 29

South Dakota Settles Lawsuit Against Omnicare  Aug. 29

Child Immunization Rates Up In South Dakota  Aug. 29

17th Annual LifeLight Begins Despite Rain   story with video  Aug. 29

South Dakota State Fair In Full Swing  Aug. 29

KDLT News Archive
     

Missouri Expects Challenge From SDSU  story with video

When FBS teams like Missouri play games against the FCS, the idea is to get another home ...

Coyotes & Jacks Aim For Summit Tournament  story with video

The college volleyball season is kicking off in earnest today ...

Football Friday (8-29-14)  story with video

The 2014 high school football season is underway, and Football Friday is ...

Birds, Kye Winter win home finale  Aug. 28

Adrian wins big to start football season  story with video  Aug. 28

Vikes finish exhibition schedule 4-0  story with video  Aug. 28

USD prepared for track meet at Oregon  story with video  Aug. 28

Augie Vikings feeling more confident  story with video  Aug. 28

KDLT Sports Stories
     
Back To Top