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The first day to file taxes with the IRS will officially start on January 23. However, you can get started at anytime with online tax filing and get your refund as soon as possible. Four out of five returns have also been projected to be prepared using tax return software and e-filed.
Taxpayers who paid $20,000 or more in sales and use tax during the most recent state fiscal year (July 1 - June 30) are required to file and pay electronically during the next calendar year. If you file your return or pay tax late, a late penalty of 10% of the amount of tax owed, but not less than $50, may be charged.