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IRS says start of tax filing season delayed until Feb. 12

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IRS Commissioner Charles Rettig urged people to file online using direct deposit in order to quickly access their tax refunds, which last year averaged over $2,500.
“Given the pandemic, this is one of the nation’s most important filing seasons ever, he said. This start date will ensure that people get their needed tax refunds quickly while also making sure they receive any remaining stimulus payments they are eligible for as quickly as possible.”
Many refunds could go out as soon as the first week of March for early filers.
House Ways and Means Committee Chairman Richard Neal
It’s a relief to know that despite contending with the distribution of two rounds of economic impact payments, facility closures, and other disruptions, the agency will be able to begin accepting returns within the next month, he said. I urge taxpayers to complete their returns and file electronically as early as possible.” ....

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Committees reach bipartisan deal to protect patients from surprise medical bills

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Four congressional committees on Friday reached a bipartisan deal on legislation to protect patients from massive surprise medical bills after a series of tense negotiations.
The agreement is a milestone in a roughly two-year long effort to pass legislation to protect patients from what is widely seen as an especially egregious practice in American health care.
Backers of the deal are hoping to include it in the year-end spending package slated to go through Congress next week.
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The deal was struck by the leaders in both parties of the Senate Health and House Energy and Commerce, Education and Labor and Ways and Means Committees, though it would still need buy-in from leadership to be added to the year-end package. ....

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