To many taxpayers’ dismay, early in January it was reported that the IRS would only accept payments for taxes owed and would not issue refunds. Thankfully, the IRS has revised its stance and will issue refunds after all. With the IRS not operating at full capacity, we do expect the process to take a bit longer. E-filing for businesses has started, but individuals will have to wait until January 28th. Minnesota has yet to vote on whether to adopt the new federal guidelines for state tax returns. We hope to have more information in the coming days.