Wednesday, 9 January 2013

IRS Says Tax Filing Starting Later


The Internal Revenue Service said that following Congress' tax law changes last week it won't begin processing individual income tax returns until Jan. 30, eight days later than usual.
The American Taxpayer Relief Act, which was enacted on Jan. 2, included retroactive changes to the 2011 tax year as part of the fiscal cliff deal.
The IRS said it will begin accepting tax returns on Jan. 30 after updating forms and completing programming and testing of its processing systems, reflecting "the bulk of the late tax law changes enacted Jan. 2."
Read more: Results of the 9 Most Contentious Fiscal Cliff Tax Issues
"We have worked hard to open tax season as soon as possible," IRS Acting Commissioner Steven T. Miller said in a statement. "This date ensures we have the time we need to update and test our processing systems."
The IRS points out there is no advantage to filing on paper before the opening date, and taxpayers will

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