FEBRUARY 14th - A Very Special Day, Indeed

I say "February 14th" and you say, "Valentine's", right?  Perhaps, but did you also know that February 14th, 2011 is special for another reason?  Let me tell you why...

TAX RETURNS CAN BE E-FILED! (You did remember that we're a tax and accounting company, didn't you?)

The IRS will be ready to start processing individual e-filed returns containing the previously delayed forms beginning at approximately 6pm.  The following forms and schedules are affected by the 2010 Tax Relief Act:

• Schedule A (Form 1040), Itemized Deductions
• Form 8917, Tuition and Fees Deduction
• Educator Expense Deduction claimed on Form 1040, line 23, and Form 1040A, line 16
• Form 4684, Casualties and Thefts                                                                                 
• Form 8859, District of Columbia First-Time Homebuyer Credit
• Form 3800, General Business Credit
• Form 5405, First Time Homebuyer Credit and Repayment of the Credit
• Form 6478, Alcohol and Cellulosic Biofuel Fuels Credit
• Form 8834, Qualified Plug-in Electric and Electric Vehicle Credit
• Form 8910, Alternative Motor Vehicle Credit
• Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit

While this is good news, the even better news is that you may have your tax returns prepared BEFORE this date and Carter will hold the returns to file until Monday night.  Bring your taxes in today and sleep easy tonight knowing they'll be taken care of. 

p.s.  remember the chocolate and roses...