Skylane
Level 11
11-24-2020
10:02 PM
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I won’t start preparing returns til 2/1... later, if I can get away with it... between late tax law changes (generally the extenders), and the perennial software issues, it’s a lot less stressful to wait... not sure how (or why) anyone would prepare 1040s before information returns are issued... a sure recipe for amendments. I enjoyed the 7/15 deadline so much last year that I’m planning on putting at least 40% on extension whether they like it or not...
As for Biden tax law changes, they can’t realistically happen until TY 2021(at the earliest).
If at first you don’t succeed…..find a workaround