IRS Delays Tax Season, Will Start Accepting Returns On January 30

IRS Delays Tax Season, Will Start Accepting Returns On January 30.

Unfortunately they did it anyway people. I can’t believe they would do this but luckily they only postponed it until the end of January when they will begin accepting them. The IRS says late changes to federal tax laws (remember the fiscal cliff people that we supposedly avoided) means that more than 120 million taxpayers – about 80 percent of all filers – should be able to start filing their federal returns on Jan. 30. Others will have to wait until late February or March to file because the agency needs time to update and test its systems. Don’t pain yet people here is a list of the people who will have to wait: people claiming residential energy credits, depreciation of property or general business credits. The filing season had been slated to start Jan. 22 but was delayed because of the big tax package passed by Congress Jan. 1. We did kind of avoid the fiscal cliff I guess but Obama and Congress still have caused people to delay their tax season plans. This should be a lesson to our leaders that what you do does actually have  a ripple effect.

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