The IRS has announced that it will begin accepting paper and electronic tax returns starting on January 20, 2015. On December 19, 2014 Congress signed all pending legislations into law giving the IRS a green light to be open for business.
The IRS also reminded the taxpayers that an electronic submission of tax returns is the most efficient one. Every year more Americans are switching to this method as it helps eliminate errors and cuts time required to deliver, process, and issue a potential refund. Electronic submissions of tax returns can be made by individuals filing taxes on their own or by tax professionals.